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>EBITDA Grows YoY but Declines Sequentially: NLCIL's Q1FY27 consolidated revenue grew a strong 23% YoY to Rs 4,717 Cr, but moderated 6% QoQ.</li><li>The sequential decline was led largely by the Power-Thermal segment, whose revenue fell ~9% QoQ, while Mining and Renewables were broadly flat sequentially.</li><li>As per CEA, total thermal generation declined 5% QoQ to 7,389 MU in Q1FY27 (vs 7,737 MU in Q4FY26), even as it grew ~22% 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>

EBITDA Grows YoY but Declines Sequentially: NLCIL's Q1FY27 consolidated revenue grew a strong 23% YoY to Rs 4,717 Cr, but moderated 6% QoQ.The sequential decline was led largely by the Power-Thermal segment, whose revenue fell ~9% QoQ, while Mining and Renewables were broadly flat sequentially.As per CEA, total thermal generation declined 5% QoQ to 7,389 MU in Q1FY27 (vs 7,737 MU in Q4FY26), even as it grew ~22% 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.

NLC India Limited - Soft Q1; Capacity Gains Offset by Seasonal Headwinds