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

Colgate Palmolive (India) / Equity Bottom-Up

<ul><li>The company’s revenue growth during the quarter stood at 11% QoQ (~6-7% volume growth). This was led by the re-launch of Colgate Strong Teeth.</li><li>The management remains optimistic about demand recovery in the upcoming quarters backed by initial signs of rural recovery.</li><li>Gross margins expanded 218bps YoY to 68.2% owing to softening of raw materials and improved mix. </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>

The company’s revenue growth during the quarter stood at 11% QoQ (~6-7% volume growth). This was led by the re-launch of Colgate Strong Teeth.The management remains optimistic about demand recovery in the upcoming quarters backed by initial signs of rural recovery.Gross margins expanded 218bps YoY to 68.2% owing to softening of raw materials and improved mix. 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.

Colgate Palmolive (India) Ltd - Long Road to Meaningful Recovery