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>Volatility in Energy Business shakes growth plans: During the previous quarter, the energy (MMA) business accounted for 41% of overall sales and was a key growth driver, helping the company negate the impact of headwinds in other segments.</li><li>However, the energy segment volumes declined 36% QoQ in Q2FY25 due to a steep drop in gasoline-naphtha spreads.</li><li>The management alluded to the fact that the earlier growth expectations from the energy business may not be fully met due to the volatile nature of the demand for MMA. </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>

Volatility in Energy Business shakes growth plans: During the previous quarter, the energy (MMA) business accounted for 41% of overall sales and was a key growth driver, helping the company negate the impact of headwinds in other segments.However, the energy segment volumes declined 36% QoQ in Q2FY25 due to a steep drop in gasoline-naphtha spreads.The management alluded to the fact that the earlier growth expectations from the energy business may not be fully met due to the volatile nature of the demand for MMA. 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.

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