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>Strong Plumbing Momentum: Astral delivered 10.1% YoY growth in plumbing revenue to Rs 1,050 Cr despite a weak April impacted by SAP HANA implementation.</li><li>Growth accelerated sharply from May, with July volumes rising ~40%, reflecting improving demand and channel restocking.</li><li>Market share gains, new distributor additions, broader product offerings and MIPled polymer price stability provide confidence on sustained growth. </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 Plumbing Momentum: Astral delivered 10.1% YoY growth in plumbing revenue to Rs 1,050 Cr despite a weak April impacted by SAP HANA implementation.Growth accelerated sharply from May, with July volumes rising ~40%, reflecting improving demand and channel restocking.Market share gains, new distributor additions, broader product offerings and MIPled polymer price stability provide confidence on sustained growth. 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.

Astral Ltd - Strong Demand Recovery; Growth Gears In Place