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.

Thematic (Sector/Industry)

India Materials / Thematic (Sector/Industry)

<ul><li>Companies under our coverage reported Volumes/Revenue growth of 8%/9% while EBITDA/PAT de-grew by 1%/7% .</li><li>This compares with our forecasts of 9% volume, 8% revenue, -4% EBITDA, and -11% PAT growth.</li><li>EBITDA/tonne during the quarter declined by 7% QoQ and 16% YoY to Rs 1,005/tonne owing to elevated costs. EBITDA margins contracted by 200 bps YoY and up 80 bps QoQ. </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>

Companies under our coverage reported Volumes/Revenue growth of 8%/9% while EBITDA/PAT de-grew by 1%/7% .This compares with our forecasts of 9% volume, 8% revenue, -4% EBITDA, and -11% PAT growth.EBITDA/tonne during the quarter declined by 7% QoQ and 16% YoY to Rs 1,005/tonne owing to elevated costs. EBITDA margins contracted by 200 bps YoY and up 80 bps QoQ. 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.

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