External broker reports(aggregated public sources), Axis Direct

Axis Direct

External broker reports(aggregated public sources)

Axis Direct is the flagship brand under Axis Securities Limited, a subsidiary of Axis Bank in India. 

Content available is external broker reports authored by a third party outside the Smartkarma network and has been aggregated by an online aggregator through publicly available sources and is displayed by Smartkarma in this format for user's convenience and general informational purposes only. Content does not constitute investment or financial advice and Smartkarma makes no representation or warranty regarding its accuracy or contents. Original third party author retains all copyright and other proprietary rights in the content. Access or use of third party links not controlled by Smartkarma are at the user's own risk.

Thematic (Sector/Industry)

<ul><li>Axis Top Picks basket delivered impressive returns of 46% in the last one year, against the 27% return posted by the benchmark Nifty 50, implying a commendable outperformance of 19% over the benchmark.</li><li>In Feb’24 (Since 2 nd Feb’24), the basket inched up further by 1.8%.</li><li>We are extremely happy to share that our Top Picks Basket has delivered an astounding return of 264% since its inception (May’20), which stands well above the 137% return delivered by NIFTY 50 over the same period. </li></ul>Content is external broker report sourced from online content aggregator through publicly available sources and is displayed below for general informational purposes only. Refer full disclaimer below.

Axis Top Picks basket delivered impressive returns of 46% in the last one year, against the 27% return posted by the benchmark Nifty 50, implying a commendable outperformance of 19% over the benchmark.In Feb’24 (Since 2 nd Feb’24), the basket inched up further by 1.8%.We are extremely happy to share that our Top Picks Basket has delivered an astounding return of 264% since its inception (May’20), which stands well above the 137% return delivered by NIFTY 50 over the same period. Content is external broker report sourced from online content aggregator through publicly available sources and is displayed below for general informational purposes only. Refer full disclaimer below.

<ul><li>Hindalco’s Indian operations delivered robust performance.</li><li>Overall consolidated revenue stood in line (down 1%/3% YoY/QoQ), while reported EBITDA grew by 61%/4% YoY/QoQ (15% beat), led by strong upstream Aluminium and copper division.</li><li>Nalco reported a strong set of numbers with Revenue/EBITDA/PAT beating ours and consensus estimates. </li></ul>Content is external broker report sourced from online content aggregator through publicly available sources and is displayed below for general informational purposes only. Refer full disclaimer below.

Hindalco’s Indian operations delivered robust performance.Overall consolidated revenue stood in line (down 1%/3% YoY/QoQ), while reported EBITDA grew by 61%/4% YoY/QoQ (15% beat), led by strong upstream Aluminium and copper division.Nalco reported a strong set of numbers with Revenue/EBITDA/PAT beating ours and consensus estimates. Content is external broker report sourced from online content aggregator through publicly available sources and is displayed below for general informational purposes only. Refer full disclaimer below.

Top Sector Ideas - Metals and Mining Q3FY24

Equity Bottom-Up

<ul><li>CIL posted robust results with EBITDA/PAT beating ours and consensus estimates.</li><li>Total consolidated revenue stood at Rs 36,154 Cr (up 3%/10% YoY/QoQ), which was in line with our estimates.</li><li>EBITDA stood significantly ahead of our and consensus estimate at Rs 11,373 Cr (up 9%/40% YoY/QoQ), mainly led by lower RM costs (down 41%/47% YoY/QoQ) and stable employee expenses (flat YoY, down by 1% QoQ). </li></ul>Content is external broker report sourced from online content aggregator through publicly available sources and is displayed below for general informational purposes only. Refer full disclaimer below.

CIL posted robust results with EBITDA/PAT beating ours and consensus estimates.Total consolidated revenue stood at Rs 36,154 Cr (up 3%/10% YoY/QoQ), which was in line with our estimates.EBITDA stood significantly ahead of our and consensus estimate at Rs 11,373 Cr (up 9%/40% YoY/QoQ), mainly led by lower RM costs (down 41%/47% YoY/QoQ) and stable employee expenses (flat YoY, down by 1% QoQ). Content is external broker report sourced from online content aggregator through publicly available sources and is displayed below for general informational purposes only. Refer full disclaimer below.

Coal India  - Robust Q3 Results; Lower Costs Drive EBITDA Beat

<ul><li>We expect steel companies under our coverage to report slight margin contraction QoQ.</li><li>We expect Tata Steel's consolidated EBITDA to slightly de-grow QoQ, led by the drag in the European operations. SAIL's margins are expected to slightly contract QoQ on account of higher coking coal consumption costs.</li><li>We expect a much better quarter for base metal stocks under our coverage. </li></ul>Content is external broker report sourced from online content aggregator through publicly available sources and is displayed below for general informational purposes only. Refer full disclaimer below.

We expect steel companies under our coverage to report slight margin contraction QoQ.We expect Tata Steel's consolidated EBITDA to slightly de-grow QoQ, led by the drag in the European operations. SAIL's margins are expected to slightly contract QoQ on account of higher coking coal consumption costs.We expect a much better quarter for base metal stocks under our coverage. Content is external broker report sourced from online content aggregator through publicly available sources and is displayed below for general informational purposes only. Refer full disclaimer below.

<ul><li>CIL posted robust results with EBITDA/PAT beating ours and consensus estimates.</li><li>Total consolidated revenue stood at Rs 32,776 Cr (up 10% YoY, down 9% QoQ) in line with our estimate.</li><li>EBITDA at Rs 8,137 Cr (up 12% YoY, down 23% QoQ) beat our/consensus estimate by 11%/12% respectively, led by lower-than-expected RM, employee, and contractual expenses. </li></ul>Content is external broker report sourced from online content aggregator through publicly available sources and is displayed below for general informational purposes only. Refer full disclaimer below.

CIL posted robust results with EBITDA/PAT beating ours and consensus estimates.Total consolidated revenue stood at Rs 32,776 Cr (up 10% YoY, down 9% QoQ) in line with our estimate.EBITDA at Rs 8,137 Cr (up 12% YoY, down 23% QoQ) beat our/consensus estimate by 11%/12% respectively, led by lower-than-expected RM, employee, and contractual expenses. Content is external broker report sourced from online content aggregator through publicly available sources and is displayed below for general informational purposes only. Refer full disclaimer below.

Coal India  - Robust Q2 Results; Coal Is Here to Stay

India

Coal India Limited produces and markets coal and coal products, as well as provides related consulting services.

Price Gauge
52-week Range	0.00 - 0.00
Market Cap (USDm)	0.00
P/E	0.00
Dividend (Yield)	0.00

Coal India Ltd (COAL IN)

Axis Top Picks - Mar 2024

We are extremely happy to share that our Top Picks Basket has delivered an astounding return of 264% since its inception (May’20), which stands...

Axis Direct

Top Sector Ideas - Metals and Mining Q3FY24

Overall consolidated revenue stood in line (down 1%/3% YoY/QoQ), while reported EBITDA grew by 61%/4% YoY/QoQ (15% beat), led by strong upstream...

Axis Direct

Coal India - Robust Q3 Results; Lower Costs Drive EBITDA Beat

EBITDA stood significantly ahead of our and consensus estimate at Rs 11,373 Cr (up 9%/40% YoY/QoQ), mainly led by lower RM costs (down 41%/47% YoY...

Axis Direct

Metals and Mining Q3FY24 Results Preview

We expect a much better quarter for base metal stocks under our coverage. Both Hindalco and NALCO are expected to report margin expansion QoQ on...

Axis Direct

Coal India - Robust Q2 Results; Coal Is Here to Stay

CIL posted robust results with EBITDA/PAT beating ours and consensus estimates. Total consolidated revenue stood at Rs 32,776 Cr (up 10% YoY, down...

Axis Direct

Price Gauge

52-week Range

Market Cap (USDm)

P/E

Dividend (Yield)