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

Ujjivan Small Finance Bank / Equity Bottom-Up

<ul><li>Diversification Strategy and Secured Portfolio Scale-Up Remain Key Focus: UJSFB highlighted that the RBI has acknowledged the ongoing diversification of the loan portfolio, and focus continues to remain on building a diversified and well-balanced portfolio, while simultaneously improving the mix of secured assets. The management has guided for the share of secured advances to improve to 56% in FY27 vs ~49% in FY26.</li><li>In Q4, the housing book continued to witness strong traction, and MSME growth remained robust, driven by focused execution in formal and semi-formal segments, while Gold, Vehicle and Agri loans have scaled up meaningfully, with their combined mix rising to 6% from 3% YoY.</li><li>The secured asset growth is expected to remain robust at 35-40% in FY27, led by the aforementioned segments. </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>

Diversification Strategy and Secured Portfolio Scale-Up Remain Key Focus: UJSFB highlighted that the RBI has acknowledged the ongoing diversification of the loan portfolio, and focus continues to remain on building a diversified and well-balanced portfolio, while simultaneously improving the mix of secured assets. The management has guided for the share of secured advances to improve to 56% in FY27 vs ~49% in FY26.In Q4, the housing book continued to witness strong traction, and MSME growth remained robust, driven by focused execution in formal and semi-formal segments, while Gold, Vehicle and Agri loans have scaled up meaningfully, with their combined mix rising to 6% from 3% YoY.The secured asset growth is expected to remain robust at 35-40% in FY27, led by the aforementioned segments. 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.

Ujjivan Small Finance Bank Ltd - Strong Quarter; Entering a Structurally Stronger Growth Orbit!