External broker reports(aggregated public sources), Axis Direct

Axis Direct

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

INOX India (INOX) is a manufacturer of cryogenic equipment.

<ul><li>Value-unlocking initiatives: We interacted with the company’s management to get further insights into the company’s outlook.</li><li>As per the press release dated 2nd Sep’24, Inox Wind’s EPC projects arm, Resco Global (a 100% subsidiary), has approved a Rs 350 Cr equity raise from marquee investors.</li><li>This fund will be utilised to scale up business offerings at Resco to capitalize on the strong tailwinds in the wind sector in India. </li></ul>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.

Value-unlocking initiatives: We interacted with the company’s management to get further insights into the company’s outlook.As per the press release dated 2nd Sep’24, Inox Wind’s EPC projects arm, Resco Global (a 100% subsidiary), has approved a Rs 350 Cr equity raise from marquee investors.This fund will be utilised to scale up business offerings at Resco to capitalize on the strong tailwinds in the wind sector in India. 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.

Inox Wind Limited - Unlocking New Revenue Streams

Raymond Ltd. manufactures fabrics, rugs, blankets, shawls, furnishing fabrics and garments.  The Company also manufactures files and rasps, file making machinery, H.S.S. twist drills, alloy steel forgings, bars and rods, steel strips and Portland cement.  The Company sells its woolen fabrics, woven materials and readymade garments through their retail outlets across India.

<ul><li>Raymond Lifestyle Limited (RLL) is set to be listed on 5th Sep'24. The company hosted an analyst meet on 2nd Sep'24, where it unveiled the "Raymond Lifestyle 2.0" strategy, outlining its vision for the next five years.</li><li>The event also marked a dual celebration: the imminent listing of RLL and Raymond's 100th anniversary.</li><li>The company forecasted a 12%-15% annual revenue growth for its Lifestyle business, with EBITDA expected to double by FY28. Additionally, the company plans to significantly expand its retail footprint by opening over 650 new stores within the next three years. </li></ul>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.

Raymond Lifestyle Limited (RLL) is set to be listed on 5th Sep'24. The company hosted an analyst meet on 2nd Sep'24, where it unveiled the "Raymond Lifestyle 2.0" strategy, outlining its vision for the next five years.The event also marked a dual celebration: the imminent listing of RLL and Raymond's 100th anniversary.The company forecasted a 12%-15% annual revenue growth for its Lifestyle business, with EBITDA expected to double by FY28. Additionally, the company plans to significantly expand its retail footprint by opening over 650 new stores within the next three years. 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.

Raymond Lifestyle Ltd - Analyst Meet Update (Not Rated)

Thematic (Sector/Industry)

<ul><li>Axis Top Picks: We are proud to share that our Axis Top Picks basket delivered impressive returns of 41% over the last one year, beating the benchmark Nifty 50 index (31.1% return over the same period) by a wide margin.</li><li>Also, it delivered a return of 2.7% in the last month against the 1.1% returns posted by Nifty 50 over the same period.</li><li>A few picks that reported excellent returns included Lupin (17.2%), TVS Motor Company (11.2%), Aurobindo Pharma (9.4%), HCL Technologies (6.7%) and Bharti Airtel (6.5%). </li></ul>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.

Axis Top Picks: We are proud to share that our Axis Top Picks basket delivered impressive returns of 41% over the last one year, beating the benchmark Nifty 50 index (31.1% return over the same period) by a wide margin.Also, it delivered a return of 2.7% in the last month against the 1.1% returns posted by Nifty 50 over the same period.A few picks that reported excellent returns included Lupin (17.2%), TVS Motor Company (11.2%), Aurobindo Pharma (9.4%), HCL Technologies (6.7%) and Bharti Airtel (6.5%). 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.

Axis Research Scorecard Report for Aug 2024

<ul><li>Aug’24 Wholesale Volumes: The domestic 2W industry witnessed strong volume growth of ~9%/19% and total exports were up by 14%/2%% YoY/ MoM respectively.</li><li>The domestic PV sales (Exhibit-2) degrew by 1-4% YoY (up 3% MoM), largely due to weakness in MSIL/Tata Motors/Hyundai/ Honda partly offset by strong domestic SUV volumes by Toyota/ M&amp;M/ Kia/ MG.</li><li>The domestic CV industry sales degrew by ~11% YoY (marginally up 3% MoM) mainly due to lower MHCV truck volumes which were partly set off by high bus volumes). </li></ul>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.

Aug’24 Wholesale Volumes: The domestic 2W industry witnessed strong volume growth of ~9%/19% and total exports were up by 14%/2%% YoY/ MoM respectively.The domestic PV sales (Exhibit-2) degrew by 1-4% YoY (up 3% MoM), largely due to weakness in MSIL/Tata Motors/Hyundai/ Honda partly offset by strong domestic SUV volumes by Toyota/ M&amp;M/ Kia/ MG.The domestic CV industry sales degrew by ~11% YoY (marginally up 3% MoM) mainly due to lower MHCV truck volumes which were partly set off by high bus volumes). 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.

HG Infra Engineering Ltd / Equity Bottom-Up

H.G. Infra Engineering Limited (HGIEL) provides infrastructure construction services. The Company offers highways, roads, bridges, runways, and civil construction, as well as land development, water pipelines, and rehabilitation and upgradation services. HGIEL serves customers in India.

<ul><li>In FY24, H G Infra achieved a standalone turnover of Rs 5,122 Cr, registering a 16% YoY growth.</li><li>This growth was driven by the company’s focused efforts to enhance execution through the deployment of mechanization, automation, and digitization, which improved productivity and elevated the quality of execution.</li><li>Impressive order book: As of 31st Mar'24, the company’s order book stood at Rs 12,340 Cr, with an order inflow of Rs 4,695 Cr during the year.</li></ul>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.

In FY24, H G Infra achieved a standalone turnover of Rs 5,122 Cr, registering a 16% YoY growth.This growth was driven by the company’s focused efforts to enhance execution through the deployment of mechanization, automation, and digitization, which improved productivity and elevated the quality of execution.Impressive order book: As of 31st Mar'24, the company’s order book stood at Rs 12,340 Cr, with an order inflow of Rs 4,695 Cr during the year.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.

H G Infra Engineering Ltd - Robust Order Book & Efficient Execution To Drive Growth

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.

Axis Direct
External broker reports(aggregated public sources)
• Axis Direct

Inox Wind Limited - Unlocking New Revenue Streams

Unlocking New Revenue Streamss per the press release dated 2nd Sep’24, Inox Wind’s EPC projects arm, Resco Global (a 100% subsidiary), has approved...

Axis Direct

Raymond Lifestyle Ltd - Analyst Meet Update (Not Rated)

RLL operates through two primary segments: B2C (Branded Textile & Branded Apparel) and B2B (Garmenting & High-Value Cotton Shirting).

Axis Direct

Axis Research Scorecard Report for Aug 2024

A few picks that reported excellent returns included Lupin (17.2%), TVS Motor Company (11.2%), Aurobindo Pharma (9.4%), HCL Technologies (6.7%) and...

Axis Direct

Auto Monthly Volume August 2024

Aug’24 Wholesale Volumes: The domestic 2W industry witnessed strong volume growth of ~9%/19% and total exports were up by 14%/2%% YoY/ MoM...

Axis Direct

H G Infra Engineering Ltd - Robust Order Book & Efficient Execution To Drive Growth

Impressive order book: As of 31st Mar'24, the company’s order book stood at Rs 12,340 Cr, with an order inflow of Rs 4,695 Cr during the year.

Axis Direct