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>Strong Growth Across All Verticals: Uno Minda's outperformance across all segments is evident, led predominantly by the Lightning, Switches, Casting, Seatings and other divisions (sensors, motors, and controllers), which grew 14%, 11%, 9%, 24%, and 18% YoY, respectively, in Q2FY26.</li><li>Capex: During H1FY26, total capex stood at Rs 728 Cr, comprising Rs 354 Cr for expansion, Rs 130 Cr for land acquisition at CSN, and the balance for sustaining requirements.</li><li>UNO Minda has 10 ongoing expansion projects with a total commitment of ~Rs 2,036 Cr.</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>

Strong Growth Across All Verticals: Uno Minda's outperformance across all segments is evident, led predominantly by the Lightning, Switches, Casting, Seatings and other divisions (sensors, motors, and controllers), which grew 14%, 11%, 9%, 24%, and 18% YoY, respectively, in Q2FY26.Capex: During H1FY26, total capex stood at Rs 728 Cr, comprising Rs 354 Cr for expansion, Rs 130 Cr for land acquisition at CSN, and the balance for sustaining requirements.UNO Minda has 10 ongoing expansion projects with a total commitment of ~Rs 2,036 Cr.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.

UNO MINDA Ltd - Structural Growth Story Intact; Upside Potential Fully Valued in CMP