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

<ul><li>Sequential Margin Gains with Upside from Volume Recovery: Automotive Axle Ltd. (AAL) delivered a steady improvement in profitability, with EBITDA margins rising to 10.5% in Q2FY26, up from 9.8% in the preceding quarter and 10.3% in the corresponding period last year, reflecting effective cost management and an improved product mix.</li><li>Management remains confident of achieving mid-teen EBITDA margins (13%+) in the near term, contingent on a recovery in market volumes.</li><li>With higher capacity utilization and better fixed cost absorption expected in H2FY26, operating leverage is likely to further support margin expansion and sustain the upward trajectory in profitability</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>

Sequential Margin Gains with Upside from Volume Recovery: Automotive Axle Ltd. (AAL) delivered a steady improvement in profitability, with EBITDA margins rising to 10.5% in Q2FY26, up from 9.8% in the preceding quarter and 10.3% in the corresponding period last year, reflecting effective cost management and an improved product mix.Management remains confident of achieving mid-teen EBITDA margins (13%+) in the near term, contingent on a recovery in market volumes.With higher capacity utilization and better fixed cost absorption expected in H2FY26, operating leverage is likely to further support margin expansion and sustain the upward trajectory in profitabilityContent 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.

Automotive Axles Ltd - New Business Model Unlocks Margin Upside