Axis Bank Ltd. Hits New 52-Week High of Rs.1304.9 on 14 Jan 2026

Stock Performance and Market Context

On 14 Jan 2026, Axis Bank’s shares surged to an intraday peak of Rs.1304.9, marking a 3.41% increase from the previous close. The stock outperformed its sector by 3.21% on the day, reflecting strong buying interest and positive price action. This new high represents a substantial gain from its 52-week low of Rs.934, translating to a remarkable appreciation of nearly 39.7% over the past year.

Axis Bank’s one-year performance stands at 23.61%, significantly outpacing the Sensex’s 9.44% gain over the same period. Despite the broader market’s cautious stance, the bank’s shares have demonstrated resilience and upward momentum, supported by favourable technical indicators.

Notably, the stock is trading above all key moving averages — 5-day, 20-day, 50-day, 100-day, and 200-day — signalling sustained bullish sentiment among market participants. This technical strength is a key factor behind the stock’s ability to breach previous resistance levels and establish a new 52-week high.

Mojo Score and Rating Upgrade

Axis Bank currently holds a Mojo Score of 58.0, categorised under the 'Hold' grade. This represents an upgrade from its previous 'Sell' rating, which was revised on 15 Oct 2025. The improved rating reflects a positive reassessment of the bank’s market position and financial metrics by MarketsMOJO analysts.

Despite the upgrade, the Market Cap Grade remains at 1, indicating that while the stock has shown price strength, there is room for further improvement in market capitalisation metrics relative to peers. The rating change and Mojo Score enhancement align with the stock’s recent price performance and technical breakout.

Sector and Broader Market Dynamics

The private sector banking industry, to which Axis Bank belongs, has witnessed mixed trends recently. On the day of the new high, the Sensex opened lower by 269.15 points but recovered strongly to close at 83,717.84, up 0.11%. The index remains 2.92% shy of its own 52-week high of 86,159.02, indicating a cautiously optimistic market environment.

While the Sensex trades below its 50-day moving average, the 50DMA itself is positioned above the 200DMA, suggesting a medium-term uptrend. Small-cap stocks led the market rally with the BSE Small Cap index gaining 0.33%, highlighting selective strength across market segments.

Axis Bank’s outperformance relative to its sector and the broader market is notable, especially given the bank’s strong technical positioning and recent rating upgrade. The stock’s ability to sustain levels above all major moving averages further reinforces its current momentum.

Price Momentum and Technical Indicators

The stock’s recent rally has been supported by consistent gains over multiple trading sessions, culminating in today’s new 52-week high. The day’s 3.25% increase in price reflects strong intraday buying interest, with the stock touching Rs.1304.9 at its peak.

Axis Bank’s position above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages is a technical hallmark of sustained upward momentum. This alignment of short-, medium-, and long-term averages often signals a healthy trend and can attract further participation from momentum-driven investors.

Comparatively, the Sensex’s current trading below its 50-day moving average suggests that Axis Bank’s outperformance is not merely a reflection of broader market strength but also of company-specific factors and investor confidence in its fundamentals.

Historical Price Context

Axis Bank’s 52-week low of Rs.934, recorded within the past year, provides a stark contrast to today’s high of Rs.1304.9. This price appreciation of approximately 39.7% over the period highlights the stock’s recovery and growth trajectory. The bank’s ability to sustain gains above Rs.1300 marks a significant technical and psychological barrier breached, which may serve as a new support level going forward.

Over the past year, the stock’s 23.61% return has comfortably outpaced the Sensex’s 9.44%, underscoring its relative strength within the private sector banking space. This performance differential is a key factor in the recent upgrade of its Mojo Grade from Sell to Hold.

Summary of Key Metrics

To summarise, Axis Bank Ltd. has demonstrated the following key metrics as of 14 Jan 2026:

• New 52-week high price: Rs.1304.9


• Intraday price increase: 3.41%


• Day’s price change: +3.25%


• One-year price appreciation: 23.61%


• 52-week low price: Rs.934


• Mojo Score: 58.0 (Hold, upgraded from Sell on 15 Oct 2025)


• Market Cap Grade: 1


• Outperformance vs Sensex (1 year): 14.17 percentage points

These figures collectively illustrate the stock’s strong price momentum and improved market perception over the recent period.

Conclusion

Axis Bank Ltd.’s attainment of a new 52-week high at Rs.1304.9 marks a significant milestone in its market journey. Supported by favourable technical indicators, a recent rating upgrade, and solid relative performance against the Sensex and its sector, the stock has demonstrated notable strength. The current market environment, characterised by a recovering Sensex and selective sectoral gains, provides a backdrop for this achievement. Axis Bank’s sustained trading above all major moving averages further emphasises the robustness of its price action.

Unlock special upgrade rates for a limited period. Start Saving Now →