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>International Market: Bajaj Auto’s international business remained a key growth driver in Q4FY26, with export volumes exceeding 600,000 units for the second consecutive quarter, reflecting strong recovery and sustained momentum.</li><li>Growth was led by Latin America, which delivered its 11th consecutive quarter of expansion, while Africa showed early signs of recovery with Nigeria stabilising at ~35,000 units/month and Bajaj maintaining ~50% market share.</li><li>Brazil continued to scale steadily with expanding capacity and premium positioning. Backed by a retail-led distribution strategy and strong brand equity, Bajaj continues to outperform industry growth across key markets. </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>

International Market: Bajaj Auto’s international business remained a key growth driver in Q4FY26, with export volumes exceeding 600,000 units for the second consecutive quarter, reflecting strong recovery and sustained momentum.Growth was led by Latin America, which delivered its 11th consecutive quarter of expansion, while Africa showed early signs of recovery with Nigeria stabilising at ~35,000 units/month and Bajaj maintaining ~50% market share.Brazil continued to scale steadily with expanding capacity and premium positioning. Backed by a retail-led distribution strategy and strong brand equity, Bajaj continues to outperform industry growth across key markets. 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.

Bajaj Auto Ltd - Xports Upswing, 3W Leadership, & Captive Finance Flywheel in Motion