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

Cholamandalam Investment and Finance / Equity Bottom-Up

Cholamandalam Investment and Finance (CIFC IN)

<ul><li>Growth momentum to remain healthy; led by non-vehicle portfolio: The management remains confident of delivering a continued 20-25% AUM growth over the medium term, primarily driven by the non-vehicle portfolios.</li><li>The Vehicle Finance (VF) portfolio growth is ~20%, driven by a ~15% disbursement growth, while the non-vehicle portfolio will remain stronger at ~30%.</li><li>CIFC’s confidence in continued healthy growth in the VF portfolio in FY26 is contingent on a pick-up in SCV and LCV demand and continued growth in the PV, used vehicles, 2-Wheeler and Tractor segments. </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>

Growth momentum to remain healthy; led by non-vehicle portfolio: The management remains confident of delivering a continued 20-25% AUM growth over the medium term, primarily driven by the non-vehicle portfolios.The Vehicle Finance (VF) portfolio growth is ~20%, driven by a ~15% disbursement growth, while the non-vehicle portfolio will remain stronger at ~30%.CIFC’s confidence in continued healthy growth in the VF portfolio in FY26 is contingent on a pick-up in SCV and LCV demand and continued growth in the PV, used vehicles, 2-Wheeler and Tractor segments. 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.

Cholamandalam Investment & Finance Company Ltd. - Growth Visibility Healthy