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>Balanced Growth with Disciplined Risk Calibration Across Segments: AUSFB continued to demonstrate strong credit growth of 25/9% YoY/QoQ, led by retail secured assets (+21% YoY) and a decisive resumption in growth in the unsecured segment.</li><li>Within retail, the wheels segment remains robust (+27% YoY), supported by improving affordability trends, while gold loans have scaled sharply (~2x YoY) and mortgages registered a steady 11% YoY growth despite operating in an increasingly competitive landscape.</li><li>On the unsecured side, trends are stabilising, with the MFI portfolio witnessing ~8% QoQ growth and X-bucket CE normalising to 99.7% (vs 99.3% in Q3).</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>

Balanced Growth with Disciplined Risk Calibration Across Segments: AUSFB continued to demonstrate strong credit growth of 25/9% YoY/QoQ, led by retail secured assets (+21% YoY) and a decisive resumption in growth in the unsecured segment.Within retail, the wheels segment remains robust (+27% YoY), supported by improving affordability trends, while gold loans have scaled sharply (~2x YoY) and mortgages registered a steady 11% YoY growth despite operating in an increasingly competitive landscape.On the unsecured side, trends are stabilising, with the MFI portfolio witnessing ~8% QoQ growth and X-bucket CE normalising to 99.7% (vs 99.3% in Q3).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.

AU Small Finance Bank Ltd - Stellar Quarter, Visibility on 1.8% RoA Delivery Improves