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>Affle Ltd. (Affle) reported strong growth backed by robust device addition and healthy international business.</li><li>The company's Q2FY23 revenue stood at Rs 355 Cr, up 2% QoQ and 29.1% YoY, aided by robust device addition and strong CPCU business.</li><li>The company’s operating margins improved by 50bps QoQ to 20.3% (in line with the management expectations) due to lower inventory and data costs. </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>

Affle Ltd. (Affle) reported strong growth backed by robust device addition and healthy international business.The company's Q2FY23 revenue stood at Rs 355 Cr, up 2% QoQ and 29.1% YoY, aided by robust device addition and strong CPCU business.The company’s operating margins improved by 50bps QoQ to 20.3% (in line with the management expectations) due to lower inventory and data costs. 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.

Affle (India) Ltd - Encouraging Expansions in Margins: Outlook Remains Healthy

Affle (India) Limited

Affle (India) Ltd - Encouraging Expansions in Margins: Outlook Remains Healthy