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

Aditya Birla Fashion and Retail Ltd / Equity Bottom-Up

Aditya Birla Fashion and Retail Ltd (ABFRL IN)

<ul><li>Scale building despite demand headwinds: ABFRL posted a steady ~8% YoY revenue increase in Q3FY26, largely driven by strong momentum in its newer growth engines.</li><li>The TMRW and Luxury segments delivered robust growth of 27% and 29% YoY, respectively, while the Ethnic business expanded 20%.</li><li>Performance in Pantaloons was skewed by the shift in festive and end-of-season sales to Q2 and Q4. </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>

Scale building despite demand headwinds: ABFRL posted a steady ~8% YoY revenue increase in Q3FY26, largely driven by strong momentum in its newer growth engines.The TMRW and Luxury segments delivered robust growth of 27% and 29% YoY, respectively, while the Ethnic business expanded 20%.Performance in Pantaloons was skewed by the shift in festive and end-of-season sales to Q2 and Q4. 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.

アディティア・ビルラ・ファッション＆リテール株式会社 - 新規事業が景気循環の軟調さを相殺、保有を維持