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>Strong Demand Recovery &amp; Capacity-Led Growth: Maruti Suzuki reported 5,34,807 domestic wholesale units (+33% YoY) in Q1FY27, driven by 34% YoY growth in small cars and 44.6% YoY growth in SUVs, resulting in a 230bps market share gain to 41.2%.</li><li>The company outperformed the industry across both the 18% and 40% GST segments, while first time buyer contribution improved to 54% (vs. 51% in Q4FY26).</li><li>Retail demand remained healthy with 13 days' dealer inventory and an order book of ~1,30,000 units, indicating strong underlying demand.</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>

Strong Demand Recovery &amp; Capacity-Led Growth: Maruti Suzuki reported 5,34,807 domestic wholesale units (+33% YoY) in Q1FY27, driven by 34% YoY growth in small cars and 44.6% YoY growth in SUVs, resulting in a 230bps market share gain to 41.2%.The company outperformed the industry across both the 18% and 40% GST segments, while first time buyer contribution improved to 54% (vs. 51% in Q4FY26).Retail demand remained healthy with 13 days' dealer inventory and an order book of ~1,30,000 units, indicating strong underlying demand.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.

Maruti Suzuki: Strong Domestic Recovery Drives Growth; Exports Maintain Leadership

Maruti Suzuki India

Maruti Suzuki: Strong Domestic Recovery Drives Growth; Exports Maintain Leadership