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)

Equity Bottom-Up

Amber Enterprises India / Equity Bottom-Up

<p>The company has witnessed faster-than-expected recovery post easing of lockdowns and steady improvement in consumer sentiments. We have reduced revenue estimates for FY22E by 3.4% while marginally tweaking our FY23 estimates and value Amber at 40x FY23 EPS of Rs 83.3 arriving at a target of Rs 3,330</p><div class="content-highlight"><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></div>

The company has witnessed faster-than-expected recovery post easing of lockdowns and steady improvement in consumer sentiments. We have reduced revenue estimates for FY22E by 3.4% while marginally tweaking our FY23 estimates and value Amber at 40x FY23 EPS of Rs 83.3 arriving at a target of Rs 3,330Content 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.

Amber Enterprises India: COVID-2 Impacts Peak Season; Long-Term Growth Prospects Intact