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>The company’s consolidated revenue grew by 11% YoY to Rs 3,130 Cr, with its domestic business growing by 8% (3% volume growth) and strong double-digit growth in HPC and HC segments as it continued to gain market share.</li><li>However, the Beverages segment got impacted owing to unseasonal rains. International business grew 21% YoY (in cc terms).</li><li>The management highlighted that the demand slump in rural areas has bottomed out and is now seeing a recovery and expects a further recovery in coming quarters. </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 consolidated revenue grew by 11% YoY to Rs 3,130 Cr, with its domestic business growing by 8% (3% volume growth) and strong double-digit growth in HPC and HC segments as it continued to gain market share.However, the Beverages segment got impacted owing to unseasonal rains. International business grew 21% YoY (in cc terms).The management highlighted that the demand slump in rural areas has bottomed out and is now seeing a recovery and expects a further recovery in coming quarters. 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.

Dabur India - Recovery On the Cards; Maintain BUY

Dabur India Ltd

Dabur India - Recovery On the Cards; Maintain BUY