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>BATA result was below estimates. Revenue de-grew by 1.3% due to the delayed festive season until Q3 this year.</li><li>The premium portfolio continues to remain strong, which was mainly led by Floatz, followed by Sneakers and Comfit.</li><li>Hush Puppies’ performance remains muted for this quarter. </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>

BATA result was below estimates. Revenue de-grew by 1.3% due to the delayed festive season until Q3 this year.The premium portfolio continues to remain strong, which was mainly led by Floatz, followed by Sneakers and Comfit.Hush Puppies’ performance remains muted for this quarter. 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.

Bata Ind - Festive Shift Impacted Growth; Maintain HOLD

Bata India Ltd

Bata Ind - Festive Shift Impacted Growth; Maintain HOLD