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>RAC Growth Pegged at 10%-15% on Festive and Pre–BEE Demand: India’s Room Air Conditioner (RAC) industry is expected to grow at a strong 19% CAGR over the long term, driven by low penetration, rising disposable incomes, urbanisation, and exposure to modern infrastructure.</li><li>Despite seasonal fluctuations (10–35% YoY), the underlying demand remains intact.</li><li>Over 90% of AC buyers are first-time users, and 40% rely on consumer finance, indicating a forward-looking and need-based buying pattern. </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>

RAC Growth Pegged at 10%-15% on Festive and Pre–BEE Demand: India’s Room Air Conditioner (RAC) industry is expected to grow at a strong 19% CAGR over the long term, driven by low penetration, rising disposable incomes, urbanisation, and exposure to modern infrastructure.Despite seasonal fluctuations (10–35% YoY), the underlying demand remains intact.Over 90% of AC buyers are first-time users, and 40% rely on consumer finance, indicating a forward-looking and need-based buying pattern. 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.

Blue Star Ltd

Axis Punch: Blue Star - 03rd July, 2025