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>Turnaround in Financial Performance: Wockhardt has undergone a significant transformation in the past few years, shifting from a debtridden, compliance-hit generic drugmaker to a more focused, innovation-led pharmaceutical company.</li><li>Post the divestment of its domestic formulations business to Dr. Reddy’s, the company deployed proceeds to deleverage the balance sheet and fund R&amp;D.</li><li>The company has revenues remained broadly stable, hovering between Rs 2,800 Cr and Rs 3,000 Cr annually, reflecting its shift from U.S. generics toward niche therapies and speciality products. </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>

Turnaround in Financial Performance: Wockhardt has undergone a significant transformation in the past few years, shifting from a debtridden, compliance-hit generic drugmaker to a more focused, innovation-led pharmaceutical company.Post the divestment of its domestic formulations business to Dr. Reddy’s, the company deployed proceeds to deleverage the balance sheet and fund R&amp;D.The company has revenues remained broadly stable, hovering between Rs 2,800 Cr and Rs 3,000 Cr annually, reflecting its shift from U.S. generics toward niche therapies and speciality products. 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: Wockhardt Ltd - 8 Th July, 2025