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>JKCL reported robust operating performance during the quarter owing to higher volume improvement in realization and lower operating costs.</li><li>Its Volume/Revenue/EBITDA/PAT grew by 22%/24%/53%/58% YoY (above expectation). Interest and depreciation costs were up 72%/29% YoY.</li><li>The company reported a profit of Rs 178 Cr up 58% each YoY/QoQ. The company recorded an EBITDA margin of 17% (expectation of 16.4%) against 13.7% YoY.</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>

JKCL reported robust operating performance during the quarter owing to higher volume improvement in realization and lower operating costs.Its Volume/Revenue/EBITDA/PAT grew by 22%/24%/53%/58% YoY (above expectation). Interest and depreciation costs were up 72%/29% YoY.The company reported a profit of Rs 178 Cr up 58% each YoY/QoQ. The company recorded an EBITDA margin of 17% (expectation of 16.4%) against 13.7% YoY.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 - Beat On All Fronts; Prices Trending Higher. Retain BUY

JK Cement Ltd

JK Cements Limited - Beat On All Fronts; Prices Trending Higher. Retain BUY