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. 

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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

Aptus Value Housing Finance India / Equity Bottom-Up

Aptus Value Housing Finance India (APTUS IN)

<ul><li>Disbursement and AUM growth were inline with our expectations.</li><li>Consolidated AUM grew by 29/6% YoY/QoQ, driven by Small Business Loans which grew by 80/29% YoY/QoQ.</li><li>In the Housing Finance book, the share of housing loans (+18/5% YoY/QoQ) improved to 67% vs. 64% QoQ.NII grew by 19% YoY but remained flat QoQ.</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>

Disbursement and AUM growth were inline with our expectations.Consolidated AUM grew by 29/6% YoY/QoQ, driven by Small Business Loans which grew by 80/29% YoY/QoQ.In the Housing Finance book, the share of housing loans (+18/5% YoY/QoQ) improved to 67% vs. 64% QoQ.NII grew by 19% YoY but remained flat 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.

Aptus Value Housing Finance Ltd. - Growth Momentum To Remain Strong!