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>The company to acquire Acro Paint Limited: JK Paints and Coatings Ltd., (a wholly owned subsidiary of JK Cement Ltd.) has entered into a share purchase agreement with Acro Paints Ltd. and its shareholders to acquire a 60% controlling stake in the company for Rs 153 Cr.</li><li>The balance 40% shall be acquired over 12 months as per the definitive agreement entered between the two parties.</li><li>Acro Paints is a leading manufacturer of Architectural and High-performance paints and coatings in Northern India.</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>

The company to acquire Acro Paint Limited: JK Paints and Coatings Ltd., (a wholly owned subsidiary of JK Cement Ltd.) has entered into a share purchase agreement with Acro Paints Ltd. and its shareholders to acquire a 60% controlling stake in the company for Rs 153 Cr.The balance 40% shall be acquired over 12 months as per the definitive agreement entered between the two parties.Acro Paints is a leading manufacturer of Architectural and High-performance paints and coatings in Northern India.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.

JK Cements Limited - Acquisition-Led Foray into the Paint Business