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 better operating performance during the quarter owing to higher volume and stable realization.</li><li>Its Volume/Revenue grew by 25%/22%YoY (above expectation).</li><li>However, its EBITDA (above expectation), was flattish YoY and APAT (above expectation) de-grew by 30% YoY on the back of higher interest and depreciation costs which were up 67%/28% 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 better operating performance during the quarter owing to higher volume and stable realization.Its Volume/Revenue grew by 25%/22%YoY (above expectation).However, its EBITDA (above expectation), was flattish YoY and APAT (above expectation) de-grew by 30% YoY on the back of higher interest and depreciation costs which were up 67%/28% 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 - Robust Volume Growth; Retain BUY

JK Cement Ltd

JK Cements Limited - Robust Volume Growth; Retain BUY