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>Capacity expansion to drive volume and revenue growth: The company is expanding its capacity from the current 97 mtpa (including 8.5 mtpa of Orient Cement) to 118 mtpa, with the existing expansion expected to be completed in phases over FY25-FY26.</li><li>Additionally, the company is pursuing growth opportunities and aims to achieve a combined capacity of 140 mtpa by FY28.</li><li>This expansion will support the company’s continued growth momentum. We project the company to grow its volume and revenue at CAGRs of 10% and 8%, respectively, over FY24-FY26E.</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>

Capacity expansion to drive volume and revenue growth: The company is expanding its capacity from the current 97 mtpa (including 8.5 mtpa of Orient Cement) to 118 mtpa, with the existing expansion expected to be completed in phases over FY25-FY26.Additionally, the company is pursuing growth opportunities and aims to achieve a combined capacity of 140 mtpa by FY28.This expansion will support the company’s continued growth momentum. We project the company to grow its volume and revenue at CAGRs of 10% and 8%, respectively, over FY24-FY26E.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.

Ambuja Cements Limited - Improved Operating Performance; Retain BUY