Axis Bank Ltd. Hits New 52-Week High of Rs.1372.95 on 30 Jan 2026

Strong Rally and Price Performance

Axis Bank’s stock has demonstrated notable strength, registering a gain of 0.52% on the day to reach Rs.1372.95, its highest level in the past year. The stock has outperformed the private sector banking sector by 0.68% today, continuing a positive trend that has seen it appreciate by 8.75% over the last four consecutive trading days. This consistent upward movement highlights growing investor confidence and positive price momentum.

Over the past year, Axis Bank has delivered a remarkable total return of 39.24%, significantly outpacing the Sensex’s 7.08% gain during the same period. The stock’s 52-week low was Rs.974.75, indicating a substantial recovery and appreciation of nearly 41% from its lowest point in the last twelve months.

Technical Indicators Support Uptrend

Technical analysis reveals that Axis Bank is trading above all key moving averages, including the 5-day, 20-day, 50-day, 100-day, and 200-day moving averages. This alignment of short-term and long-term averages signals a strong bullish trend and suggests sustained buying interest. The stock’s ability to maintain levels above these critical technical thresholds reinforces the strength of the current rally.

In contrast, the Sensex opened lower at 81,947.31, down 619.06 points (-0.75%), and was trading at 82,190.71 (-0.45%) at the time of reporting. The benchmark index remains 4.83% below its own 52-week high of 86,159.02. While the Sensex is trading below its 50-day moving average, the 50DMA itself remains above the 200DMA, indicating a mixed but cautiously optimistic market environment.

Mojo Score and Rating Update

Axis Bank currently holds a Mojo Score of 67.0, reflecting a moderate outlook with a Mojo Grade of Hold. This represents an upgrade from its previous Sell rating, which was revised on 15 Oct 2025. The market capitalisation grade stands at 1, indicating the stock’s position within its market cap peer group. These metrics provide a comprehensive view of the stock’s quality and relative standing within the private sector banking industry.

Sector and Market Context

Operating within the private sector banking industry, Axis Bank’s recent price action contrasts with the broader market’s subdued performance. The Sensex’s current trading below its 50-day moving average suggests some near-term caution among investors, yet Axis Bank’s outperformance highlights its relative strength. The stock’s ability to sustain gains amid a softer market environment is indicative of underlying resilience and favourable business dynamics.

Axis Bank’s sector peers have experienced mixed results, with the bank’s 8.75% return over the last four days standing out as a key driver of its new 52-week high. This momentum is supported by strong fundamentals and technical positioning, which have combined to propel the stock to record levels.

Summary of Key Metrics

To summarise, Axis Bank Ltd. has reached a new 52-week high of Rs.1372.95, marking a significant milestone in its price journey. The stock’s recent four-day rally has delivered an 8.75% return, outperforming both its sector and the broader Sensex index. Trading above all major moving averages, the stock’s technical setup remains robust. The Mojo Score upgrade to Hold from Sell in October 2025 further reflects improving sentiment and quality assessment.

While the Sensex trades below its 50-day moving average, Axis Bank’s relative strength within the private sector banking space is evident. The stock’s 39.24% one-year performance compared to the Sensex’s 7.08% gain highlights its superior momentum and market positioning.

Overall, Axis Bank’s achievement of a new 52-week high underscores its strong price momentum and favourable technical backdrop amid a mixed market environment.

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