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. 

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.

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>CEAT Ltd is a leading tyre manufacturer in India, catering to both the OEM and replacement markets across twowheelers, three-wheelers, passenger vehicles, commercial vehicles, and off-highway segments.</li><li>The company has a strong presence in the replacement market, supported by an extensive distribution network across urban and rural India, while also maintaining long-standing relationships with key OEMs.</li><li>Replacement &amp; OEM Demand: The replacement tyre market, expected to grow at a CAGR of 7–8% over FY25–FY28E, was impacted by GSTrelated destocking, which is expected to normalise in Q3FY26. </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>

CEAT Ltd is a leading tyre manufacturer in India, catering to both the OEM and replacement markets across twowheelers, three-wheelers, passenger vehicles, commercial vehicles, and off-highway segments.The company has a strong presence in the replacement market, supported by an extensive distribution network across urban and rural India, while also maintaining long-standing relationships with key OEMs.Replacement &amp; OEM Demand: The replacement tyre market, expected to grow at a CAGR of 7–8% over FY25–FY28E, was impacted by GSTrelated destocking, which is expected to normalise in Q3FY26. 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.

액시스 펀치: CEAT Ltd - 2026년 1월 7일

Ceat Ltd

액시스 펀치: CEAT Ltd - 2026년 1월 7일