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)

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>The synergies with the group resulted in a cost reduction of 9% on a per tonne basis sequentially and more cost optimization is expected which shall aid in further margin enhancement.</li><li>Business initiatives are expected to further bring down the operating costs, reduce the clinker factor, reduce logistics costs, improve the sale of blended cement and, expand the EBITDA margin.</li><li>We foresee the company’s EBITDA margins to improve from the current 15% to 22-23% in FY24E/25E.</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>

The synergies with the group resulted in a cost reduction of 9% on a per tonne basis sequentially and more cost optimization is expected which shall aid in further margin enhancement.Business initiatives are expected to further bring down the operating costs, reduce the clinker factor, reduce logistics costs, improve the sale of blended cement and, expand the EBITDA margin.We foresee the company’s EBITDA margins to improve from the current 15% to 22-23% in FY24E/25E.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 - Robust Operating Performance