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>Slower Growth in FY25; Meaningful Acceleration Expected in H2FY26: In FY25, the slower growth can be primarily attributed to the portfolio churn towards retail loans and directto-corporate from the opportunistic lower-yielding large and PSU/NBFC lending pursued earlier.</li><li>Pursuant to its strategy to improve the share of direct-to-corporate loans, the bank has seen a ~Rs 1,300 Cr churn from the NBFC advances to the direct-to-corporate segment in FY25.</li><li>Furthermore, KTKBANK has aligned its processes and beefed up sales and leadership teams in the retail and MSME segment as it readies to push the growth pedal going into FY26. T</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>

Slower Growth in FY25; Meaningful Acceleration Expected in H2FY26: In FY25, the slower growth can be primarily attributed to the portfolio churn towards retail loans and directto-corporate from the opportunistic lower-yielding large and PSU/NBFC lending pursued earlier.Pursuant to its strategy to improve the share of direct-to-corporate loans, the bank has seen a ~Rs 1,300 Cr churn from the NBFC advances to the direct-to-corporate segment in FY25.Furthermore, KTKBANK has aligned its processes and beefed up sales and leadership teams in the retail and MSME segment as it readies to push the growth pedal going into FY26. TContent 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.

Karnataka Bank Ltd - Miss on All Fronts; Growth Poised for H2FY26 Recovery!