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

Archean Chemical Industries / Equity Bottom-Up

<ul><li>Strong Growth in Industrial Salt, Bromine Volumes Disappoint: During the quarter, the company reported a robust 40% YoY volume growth in Industrial Salt, while bromine volumes continued to decline sequentially.</li><li>Industrial Salt capacity has been ramped up to over 5 Mn tons on an annual basis, and management expects quarterly volumes to exceed 1 Mn tons going forward (with an annual target of 4.5+ Mn tons).</li><li>In Bromine, the volumes were impacted by lower recovery due to the extended winter in the first two months, but have shown signs of improvement post that. </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>

Strong Growth in Industrial Salt, Bromine Volumes Disappoint: During the quarter, the company reported a robust 40% YoY volume growth in Industrial Salt, while bromine volumes continued to decline sequentially.Industrial Salt capacity has been ramped up to over 5 Mn tons on an annual basis, and management expects quarterly volumes to exceed 1 Mn tons going forward (with an annual target of 4.5+ Mn tons).In Bromine, the volumes were impacted by lower recovery due to the extended winter in the first two months, but have shown signs of improvement post that. 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.

Archean Chemical Industries Ltd - Revenue Growth Resumes; Margin Expansion Awaited