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>Anticipate margin revival in the coming quarter: While the company reported strong volume lead growth (YoY), the profitability remained subdued owing to pricing pressures.</li><li>The management noted that the Nitrile Latex business is being operated at negligible margins, and EBITDA margins for the first nine months could have been higher by 2-2.5%, excluding the same.</li><li>The management mentioned that the prices are close to the bottom, and margins will likely improve in Q4.</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>

Anticipate margin revival in the coming quarter: While the company reported strong volume lead growth (YoY), the profitability remained subdued owing to pricing pressures.The management noted that the Nitrile Latex business is being operated at negligible margins, and EBITDA margins for the first nine months could have been higher by 2-2.5%, excluding the same.The management mentioned that the prices are close to the bottom, and margins will likely improve in Q4.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.

Apcotex Industries Ltd - Margins Expected to Improve as Prices Bottom Out