External broker reports(aggregated public sources), Axis Direct

Axis Direct

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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>Strong Plywood Growth: We expect Greenply to deliver topline growth of ~15.6% YoY in Q2FY27, supported by double-digit volume growth in the plywood segment.</li><li>Plywood margins are also expected to improve over the year, driven by operating leverage benefits.</li><li>Greenply remains well positioned to deliver healthy earnings growth, backed by sustained demand and continued market share gains from the unorganised sector.</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 Plywood Growth: We expect Greenply to deliver topline growth of ~15.6% YoY in Q2FY27, supported by double-digit volume growth in the plywood segment.Plywood margins are also expected to improve over the year, driven by operating leverage benefits.Greenply remains well positioned to deliver healthy earnings growth, backed by sustained demand and continued market share gains from the unorganised sector.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 PUNCH: Greenply Industries Ltd - 14th October, 2026