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>Volume Growth Continues to Disappoint: CIL’s coal production in Q2FY26 stood at 145 MT (down 4% YoY) vs. the target of 169 MT, with production down YoY across subsidiaries except at NCL and SECL.</li><li>Coal offtake in Q2FY26 stood at 166 MT vs. the target of 197 MT, down 1% YoY.</li><li>The weak offtake is partly explained by lower peak demand in Q2FY26 and the extended monsoon. </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>

Volume Growth Continues to Disappoint: CIL’s coal production in Q2FY26 stood at 145 MT (down 4% YoY) vs. the target of 169 MT, with production down YoY across subsidiaries except at NCL and SECL.Coal offtake in Q2FY26 stood at 166 MT vs. the target of 197 MT, down 1% YoY.The weak offtake is partly explained by lower peak demand in Q2FY26 and the extended monsoon. 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.

Coal India Ltd - Weak Q2 Inline with Expectations; Volume Growth Continues to Disappoint