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>JK Cement reported healthy volume and revenue growth in Q2FY23, supported by better demand and higher realization in its key markets.</li><li>On a consolidated basis, the company’s Volume/Revenue grew at 9%/18%YoY, above our expectations.</li><li>It recorded an EBITDA margin of13.7%in line with expectations but above consensus estimates of 12.7%, owing to better realization and higher volume.</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>

JK Cement reported healthy volume and revenue growth in Q2FY23, supported by better demand and higher realization in its key markets.On a consolidated basis, the company’s Volume/Revenue grew at 9%/18%YoY, above our expectations.It recorded an EBITDA margin of13.7%in line with expectations but above consensus estimates of 12.7%, owing to better realization and higher volume.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 Ltd - Encouraging Results; New Announced Capacity to Aid in Growth

JK Cement Ltd

JK Cements Ltd - Encouraging Results; New Announced Capacity to Aid in Growth