External broker reports(aggregated public sources), Axis Direct

Axis Direct

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.

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>Aarti Industries Ltd (AIL) reported Q1FY23 revenue at Rs 1,972 Cr, up 12%/5 YoY/QoQ.</li><li>The growth was led by price hikes undertaken by the company to pass on elevated RM prices and volume increase with new projects and increasing utilisation level in the existing projects.</li><li>The EBITDA came in at Rs 369 Cr (lower than our estimate of Rs 433 Cr) up 18%/9% on YoY/QoQ basis.</li></ul><p><em>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.</em></p>

Aarti Industries Ltd (AIL) reported Q1FY23 revenue at Rs 1,972 Cr, up 12%/5 YoY/QoQ.The growth was led by price hikes undertaken by the company to pass on elevated RM prices and volume increase with new projects and increasing utilisation level in the existing projects.The EBITDA came in at Rs 369 Cr (lower than our estimate of Rs 433 Cr) up 18%/9% on YoY/QoQ basis.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.

Aarti Industries - Stable Growth Outlook & Expansion Plans in Value-Added Products