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>Stable Asset Quality Outlook with Vigilant Monitoring of Emerging Risks: SFL’s asset quality deteriorated marginally (by 3bps) in a seasonally strong Q4 with an increase seen in GS2/GS3, driving credit costs higher QoQ.</li><li>Certain pockets in the MSME segments have witnessed pressure, and the company has proactively moderated growth in those segments.</li><li>Presently, the management does not see any activity slowdown or supply chain disruptions due to the ongoing geopolitical uncertainty and has stated that collections during Apr’26 have remained steady. </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>

Stable Asset Quality Outlook with Vigilant Monitoring of Emerging Risks: SFL’s asset quality deteriorated marginally (by 3bps) in a seasonally strong Q4 with an increase seen in GS2/GS3, driving credit costs higher QoQ.Certain pockets in the MSME segments have witnessed pressure, and the company has proactively moderated growth in those segments.Presently, the management does not see any activity slowdown or supply chain disruptions due to the ongoing geopolitical uncertainty and has stated that collections during Apr’26 have remained steady. 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.

Shriram Finance Ltd. - Steady Margins and Cost Discipline to Support Earnings Trajectory