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>Revised CapEx &amp; Aggressive Capacity Expansion: The company's recent strategic acquisition of a 99.44% stake in Rashtriya Metal Industries Limited (RMIL) for marks a highly accretive entry into the copper and copper alloys segment.</li><li>This acquisition not only diversifies the product portfolio but also provides access to high-barrier segments like electrical and defence components.</li><li>By setting up a backward-integrated copper recycling facility in Mandvi, Gujarat, Gravita aims to boost its copper division's EBITDA margins significantly from current levels, targeting a consolidated ROCE of 20%+ in this segment. </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>

Revised CapEx &amp; Aggressive Capacity Expansion: The company's recent strategic acquisition of a 99.44% stake in Rashtriya Metal Industries Limited (RMIL) for marks a highly accretive entry into the copper and copper alloys segment.This acquisition not only diversifies the product portfolio but also provides access to high-barrier segments like electrical and defence components.By setting up a backward-integrated copper recycling facility in Mandvi, Gujarat, Gravita aims to boost its copper division's EBITDA margins significantly from current levels, targeting a consolidated ROCE of 20%+ in this segment. 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.

Gravita India Ltd. - Capacity Expansion Sets the Stage for Sustainable Growth; Maintain BUY