External broker reports(aggregated public sources), HDFC Securities

HDFC Securities

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External broker reports(aggregated public sources)

HDFC securities is the best online trading platform for stocks, IPOs, mutual fund 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>Axis Bank’s (AXSB) Q2FY26 earnings missed our estimates on account of a one-off RBI-mandated standard asset provisioning to the tune of INR12bn for two discontinued crop loan products, adversely impacting RoA by 11bps</li><li>Loan growth (~12%YoY) saw an uptick, driven by wholesale, business banking, LAP, and credit card segments, coupled with a positive surprise on NIMs, driven by lower cost of funds</li><li>Deposit growth (~11% YoY) was in line with industry, even as the CASA ratio dipped further to 39.8% (-50bps 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>

Axis Bank’s (AXSB) Q2FY26 earnings missed our estimates on account of a one-off RBI-mandated standard asset provisioning to the tune of INR12bn for two discontinued crop loan products, adversely impacting RoA by 11bpsLoan growth (~12%YoY) saw an uptick, driven by wholesale, business banking, LAP, and credit card segments, coupled with a positive surprise on NIMs, driven by lower cost of fundsDeposit growth (~11% YoY) was in line with industry, even as the CASA ratio dipped further to 39.8% (-50bps 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.

Axis Bank - Technical Episodes Dominate Business Fundamentals

Axis Bank Ltd

Axis Bank - Technical Episodes Dominate Business Fundamentals