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>Financial Performance: DMART Q2FY24 reported consolidated revenue growth of 19% YoY (20% on a 4-Year CAGR basis) to Rs 12,624 Cr.</li><li>The growth was led by FMCG and Staples segments while the General Merchandise and Apparel segments remained weakas expected.</li><li>The company’s gross margins stood at 14.7%, down 45bps YoY, signifying stress in high-margin general merchandise and the apparel business. </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>

Financial Performance: DMART Q2FY24 reported consolidated revenue growth of 19% YoY (20% on a 4-Year CAGR basis) to Rs 12,624 Cr.The growth was led by FMCG and Staples segments while the General Merchandise and Apparel segments remained weakas expected.The company’s gross margins stood at 14.7%, down 45bps YoY, signifying stress in high-margin general merchandise and the apparel business. 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.

Avenue Supermarts Ltd - General Merchandise & Apparel Yet to Recover