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>Commercialization of Aluminium Knuckles business: The existing capacity stands at 16,000 units/month and is expected to increase to 35,000 units/month by FY27E.</li><li>We estimate a revenue contribution of Rs 8-10 Cr in FY25, and the management is confident of achieving Rs 70-80 Cr revenues in FY26E (on the back of orders from M&amp;M and Tata Motors).</li><li>Alloy Wheel Capacity Expansion: The company plans to expand annual capacity to 5.4 million units by FY26 from 4.8 Mn in FY25, with an anticipated 75-80% capacity utilization, based on expected orders from Maruti and gradual recovery in the European and US markets.</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>

Commercialization of Aluminium Knuckles business: The existing capacity stands at 16,000 units/month and is expected to increase to 35,000 units/month by FY27E.We estimate a revenue contribution of Rs 8-10 Cr in FY25, and the management is confident of achieving Rs 70-80 Cr revenues in FY26E (on the back of orders from M&amp;M and Tata Motors).Alloy Wheel Capacity Expansion: The company plans to expand annual capacity to 5.4 million units by FY26 from 4.8 Mn in FY25, with an anticipated 75-80% capacity utilization, based on expected orders from Maruti and gradual recovery in the European and US markets.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.

Steel Strip Wheels Ltd - EBITDA/Wheel Sustained

Steel Strips Wheels

Steel Strip Wheels Ltd - EBITDA/Wheel Sustained