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.

Equity Bottom-Up

<ul><li>In Q4FY24, ISEC lost market share in terms of the Retail cash market by ~40bps QoQ.</li><li>The retail cash market share stood at 12.7% vs. 13.1% QoQ and 11% YoY.</li><li>In terms of Retail derivative market share (incl. Option premium and Future Turnover), it improved by ~100bps YoY and stood at 7.8% vs. 6.8% in Q4FY23. I</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.

In Q4FY24, ISEC lost market share in terms of the Retail cash market by ~40bps QoQ.The retail cash market share stood at 12.7% vs. 13.1% QoQ and 11% YoY.In terms of Retail derivative market share (incl. Option premium and Future Turnover), it improved by ~100bps YoY and stood at 7.8% vs. 6.8% in Q4FY23. IContent 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.

ICICI Securities Ltd.  - Robust Quarter; Dropping Coverage Owing to De-Listing

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Read Business Not Stock Prices

<ul>
<li>ICICI Securities Shareholders will consider delisting proposal at the end of March-24 which will decide its fate</li>
<li>Swap Ratio based on current prices offers limited downside for I-Sec Shareholders if delisting goes through.</li>
<li>There could be potential upside of 20% if delisting fails.</li>
</ul>


ICICI Securities Shareholders will consider delisting proposal at the end of March-24 which will decide its fate
Swap Ratio based on current prices offers limited downside for I-Sec Shareholders if delisting goes through.
There could be potential upside of 20% if delisting fails.


ICICI Securities : A Special Situation Play with Limited Downside

<ul><li>Market Share - In Q3FY24, ISEC has been able to improve its market share in the cash segment to 13.1% vs. 12.8% QoQ.</li><li>However, in the retail derivative segment, the company’s market share declined by ~30bps to 3.4%.</li><li>Similarly, in the commodity segment, the company lost market share by ~30bps 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.

Market Share - In Q3FY24, ISEC has been able to improve its market share in the cash segment to 13.1% vs. 12.8% QoQ.However, in the retail derivative segment, the company’s market share declined by ~30bps to 3.4%.Similarly, in the commodity segment, the company lost market share by ~30bps 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.

ICICI Securities Ltd - Robust Quarter, Healthy Performance Across Most Segments!

<ul><li>Market Share - In Q2FY24, ISEC has been able to either improve or maintain market share across segments.</li><li>Market share in the cash segment improved to 12.8% vs 12.2% QoQ.</li><li>Similarly, market share in the commodity segment improved to 7.8% vs 7.2% 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.

Market Share - In Q2FY24, ISEC has been able to either improve or maintain market share across segments.Market share in the cash segment improved to 12.8% vs 12.2% QoQ.Similarly, market share in the commodity segment improved to 7.8% vs 7.2% 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.

ICICI Securities Ltd. - Robust Quarter, Strong Performance Across Segments!

<ul>
<li>
<a href="https://www.smartkarma.com/entities/icici-securities-ltd" target="_blank" data-smartkarma-citation="entities:26737:1" rel="noopener">ICICI Securities Ltd (ISEC IN)</a> Turbulent Journey: From a disappointing IPO to a challenging delisting attempt.</li>
<li>
Delisting Plan and Shareholder Discontent: <a href="https://www.smartkarma.com/entities/icici-securities-ltd" target="_blank" data-smartkarma-citation="entities:26737:1" rel="noopener">ICICI Securities Ltd (ISEC IN)</a>  seeks to become a wholly-owned subsidiary of <a href="https://www.smartkarma.com/entities/icici-bank-ltd" target="_blank" data-smartkarma-citation="entities:547:1" rel="noopener">ICICI Bank Ltd (ICICIBC IN)</a>, facing resistance from minority shareholders.</li>
<li>
Uncertain Future: The outcome of the delisting hinges on the decisions of institutional shareholders like <a href="https://www.smartkarma.com/entities/life-insurance-corp-of-india" target="_blank" data-smartkarma-citation="entities:28829:1" rel="noopener">Life Insurance of India (LICI IN)</a>  and the board's actions.</li>
</ul>



ICICI Securities Ltd (ISEC IN) Turbulent Journey: From a disappointing IPO to a challenging delisting attempt.

Delisting Plan and Shareholder Discontent: ICICI Securities Ltd (ISEC IN)  seeks to become a wholly-owned subsidiary of ICICI Bank Ltd (ICICIBC IN), facing resistance from minority shareholders.

Uncertain Future: The outcome of the delisting hinges on the decisions of institutional shareholders like Life Insurance of India (LICI IN)  and the board's actions.


ICICI Securities Delisting: A Deja Vu of Troubles

India

ICICI Securities Limited provides investment services. The Company provides corporate and investment banking, securities, wealth management, retail brokerage, initial public offerings, and advisory services. ICICI Securities serves customers in India.

ICICI Securities Ltd (ISEC IN)

ICICI Securities Ltd. - Robust Quarter; Dropping Coverage Owing to De-Listing

In Q4FY24, ISEC lost market share in terms of the Retail cash market by ~40bps QoQ. The retail cash market share stood at 12.7% vs. 13.1% QoQ and...

Axis Direct

ICICI Securities : A Special Situation Play with Limited Downside

ICICI Securities Delisting is a Special Situation Play with a potential upside of 20% and limited downside risk offering a short-term bet.

Nimish Maheshwari

ICICI Securities Ltd - Robust Quarter, Healthy Performance Across Most Segments!

However, in the retail derivative segment, the company’s market share declined by ~30bps to 3.4%.Similarly, in the commodity segment, the company...

Axis Direct

ICICI Securities Ltd. - Robust Quarter, Strong Performance Across Segments!

Market Share - In Q2FY24, ISEC has been able to either improve or maintain market share across segments. Market share in the cash segment improved...

Axis Direct

ICICI Securities Delisting: A Deja Vu of Troubles

ICICI Securities faces challenges with its delisting attempt as minority shareholders resist. The outcome remains uncertain, depending on...

Nimish Maheshwari

ICICI Securities Ltd. - Robust Quarter; Dropping Coverage Owing to De-Listing

In Q4FY24, ISEC lost market share in terms of the Retail cash market by ~40bps QoQ. The retail cash market share stood at 12.7% vs. 13.1% QoQ and...

Axis Direct

ICICI Securities : A Special Situation Play with Limited Downside

​ICICI Securities Delisting is a Special Situation Play with a potential upside of 20% and limited downside risk offering a short-term bet.

Nimish Maheshwari

ICICI Securities Ltd - Robust Quarter, Healthy Performance Across Most Segments!

However, in the retail derivative segment, the company’s market share declined by ~30bps to 3.4%.Similarly, in the commodity segment, the company...

Axis Direct

ICICI Securities Ltd. - Robust Quarter, Strong Performance Across Segments!

Market Share - In Q2FY24, ISEC has been able to either improve or maintain market share across segments. Market share in the cash segment improved...

Axis Direct

ICICI Securities Delisting: A Deja Vu of Troubles

​ICICI Securities faces challenges with its delisting attempt as minority shareholders resist. The outcome remains uncertain, depending on...

Nimish Maheshwari

ICICI Securities Delisting is a Special Situation Play with a potential upside of 20% and limited downside risk offering a short-term bet.

ICICI Securities faces challenges with its delisting attempt as minority shareholders resist. The outcome remains uncertain, depending on...