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>Aurobindo Pharma's PAT stood above our estimates by 14%.</li><li>The company’s consolidated revenue grew by 25.8% YoY and gross margins improved by 122bps QoQ.</li><li>EBITDA margins improved by 222bps QoQ. The US revenue at $409 Mn was up 7.1% QoQ. </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>

Aurobindo Pharma's PAT stood above our estimates by 14%.The company’s consolidated revenue grew by 25.8% YoY and gross margins improved by 122bps QoQ.EBITDA margins improved by 222bps QoQ. The US revenue at $409 Mn was up 7.1% QoQ. 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.

Aurobindo Pharma Ltd - Several Growth Levers in Place to Drive Topline