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

Equitas Small Finance Bank / Equity Bottom-Up

<ul><li>Asset Quality Continues to Improve; Credit Costs Likely to Stay Steady: EQSFB’s asset quality continued its steady improvement trajectory, with GNPA declining to 2.42%, the lowest level over the past couple of years.</li><li>In Q1, credit cost reduced sharply to 1.37% vs 1.1% in Q4; however, adjusting for Rs 29 Cr provision reversal in Q4, underlying credit costs remained broadly stable sequentially.</li><li>Management highlighted that Q1 recorded one of the strongest asset quality performances amongst the seasonally weak Q1s in recent years. </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>

Asset Quality Continues to Improve; Credit Costs Likely to Stay Steady: EQSFB’s asset quality continued its steady improvement trajectory, with GNPA declining to 2.42%, the lowest level over the past couple of years.In Q1, credit cost reduced sharply to 1.37% vs 1.1% in Q4; however, adjusting for Rs 29 Cr provision reversal in Q4, underlying credit costs remained broadly stable sequentially.Management highlighted that Q1 recorded one of the strongest asset quality performances amongst the seasonally weak Q1s in recent years. 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.

Equitas Small Finance Bank Ltd. - RoA Expansion Story Remains on Track...