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>Strong Revenue Momentum: Ethos delivered a robust 33.3% YoY revenue growth in Q1FY27, driven primarily by continued store expansion and healthy underlying demand.</li><li>Same-store sales growth (SSSG) remained strong at 13.2%, while the average selling price (ASP) stood at a healthy Rs 2.26 Lc, reflecting a favourable premium product mix.</li><li>During the quarter, the company added eight new boutiques, taking its retail network to 103 boutiques across 34 cities. n due to higher employee and other expenses related to aggressive store expansion</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>

Strong Revenue Momentum: Ethos delivered a robust 33.3% YoY revenue growth in Q1FY27, driven primarily by continued store expansion and healthy underlying demand.Same-store sales growth (SSSG) remained strong at 13.2%, while the average selling price (ASP) stood at a healthy Rs 2.26 Lc, reflecting a favourable premium product mix.During the quarter, the company added eight new boutiques, taking its retail network to 103 boutiques across 34 cities. n due to higher employee and other expenses related to aggressive store expansionContent 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.

Ethos Ltd - Growth Momentum Continues; Maintain BUY