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>Strong Volume and EBITDA Growth in Lead and Aluminium: The company reported a strong 13% YoY increase in overall volumes, led by a 62% YoY surge in aluminium and a 12% YoY rise in lead.</li><li>Value-added products accounted for 46% of revenues during the quarter.</li><li>Additionally, stricter BWMR and EPR regulations led to a 60% increase in domestically sourced scrap, reaching 43%. EBITDA per ton improved by 6% YoY for lead and 30% YoY for aluminium, with overall EBITDA (including hedging income) rising to Rs 109 Cr</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 Volume and EBITDA Growth in Lead and Aluminium: The company reported a strong 13% YoY increase in overall volumes, led by a 62% YoY surge in aluminium and a 12% YoY rise in lead.Value-added products accounted for 46% of revenues during the quarter.Additionally, stricter BWMR and EPR regulations led to a 60% increase in domestically sourced scrap, reaching 43%. EBITDA per ton improved by 6% YoY for lead and 30% YoY for aluminium, with overall EBITDA (including hedging income) rising to Rs 109 CrContent 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.

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