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>Blinkit's strategic approach provides long-term revenue visibility: In Q1FY27, management raised its long-term Quick Commerce margin guidance to the upper end of the 5–6% range, supported by broad-based productivity gains across dark stores, warehousing, supply chain, and marketing.</li><li>Inventory losses have stabilized at ~1.8% of NOV, while net working capital is expected to normalize at 12 days, reflecting improving operational efficiency.</li><li>These structural improvements enhance confidence in Blinkit's ability to scale profitably despite ongoing investments.</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>

Blinkit's strategic approach provides long-term revenue visibility: In Q1FY27, management raised its long-term Quick Commerce margin guidance to the upper end of the 5–6% range, supported by broad-based productivity gains across dark stores, warehousing, supply chain, and marketing.Inventory losses have stabilized at ~1.8% of NOV, while net working capital is expected to normalize at 12 days, reflecting improving operational efficiency.These structural improvements enhance confidence in Blinkit's ability to scale profitably despite ongoing investments.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.

Eternal Ltd (Zomato)  - Growth Trajectory Remains Intact; Maintain BUY