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>Revenue Performance: Revenue grew 14% YoY to Rs 758 Cr, driven by a ~3% volume increase (vs. double-digit guidance).</li><li>The moderation in volume growth was due to higher volatility in coffee prices, leading to slower long-term contracts.</li><li>However, management remains optimistic, reiterating its long-term volume growth target of 15%.</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>

Revenue Performance: Revenue grew 14% YoY to Rs 758 Cr, driven by a ~3% volume increase (vs. double-digit guidance).The moderation in volume growth was due to higher volatility in coffee prices, leading to slower long-term contracts.However, management remains optimistic, reiterating its long-term volume growth target of 15%.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.

CCL Products Ltd - Strong Operational Performance Despite Weak Volumes; Maintain BUY

CCL Products India

CCL Products Ltd - Strong Operational Performance Despite Weak Volumes; Maintain BUY