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>Subdued Performance: VIP's performance remains subdued despite a seasonally strong quarter, with revenue declining 8% YoY due to lower realisations, increased competition, and the liquidation of soft luggage inventory.</li><li>The company’s market share decreased to 38% from 40% in Q2FY25.</li><li>However, management remains optimistic about the future outlook, supported by strong wedding seasons, rising religious tourism, higher hotel occupancy, and consistent month-on-month growth in passenger travel.</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>

Subdued Performance: VIP's performance remains subdued despite a seasonally strong quarter, with revenue declining 8% YoY due to lower realisations, increased competition, and the liquidation of soft luggage inventory.The company’s market share decreased to 38% from 40% in Q2FY25.However, management remains optimistic about the future outlook, supported by strong wedding seasons, rising religious tourism, higher hotel occupancy, and consistent month-on-month growth in passenger travel.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.

VIP Industries Ltd  - Subdued Performance Continues; Maintain HOLD

V.I.P. Industries

VIP Industries Ltd - Subdued Performance Continues; Maintain HOLD