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

Prestige Estates Projects / Equity Bottom-Up

<ul><li>Launches lead to pick-up in sales; strong guidance: Prestige reported pre-sales of Rs 6,957 Cr for the quarter, a 48% growth YoY.</li><li>This was slightly above our expectations, mainly due to launches at the far end of March.</li><li>The company launched projects of 14 Mn sq. ft. in Q4FY25, including two big projects, Prestige Southern Star and Prestige Spring Heights, each covering ~5 Mn sq. ft. As opposed to ~10 Mn sq. ft. in 9MFY25.</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>

Launches lead to pick-up in sales; strong guidance: Prestige reported pre-sales of Rs 6,957 Cr for the quarter, a 48% growth YoY.This was slightly above our expectations, mainly due to launches at the far end of March.The company launched projects of 14 Mn sq. ft. in Q4FY25, including two big projects, Prestige Southern Star and Prestige Spring Heights, each covering ~5 Mn sq. ft. As opposed to ~10 Mn sq. ft. in 9MFY25.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.

Prestige Estates Projects Ltd - Set for a Resilient Comeback in FY26; Maintain BUY