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)

Bajaj Finance (BAF): Strengthening Franchise to Sustain Growth Longevity

Bajaj Finance: Mixed Q1, However Growth Trajectory Remains Intact

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>Healthy operating metrics: BAF added 3.23 Mn customers (+5/-16% YoY/QoQ) during the qtr. vs 3.1/3.9 Mn customer YoY/QoQ, taking the total customer base to 83.64 Mn customers (+21/4% YoY/QoQ).</li><li>The company booked ~7.9 Mn loans during the qtr. (+4/-20% YoY/QoQ).</li><li>The new loans booked during the quarter were lower by approximately 0.8 Mn on account of the restrictions placed by the RBI, on sanction and disbursal of loans under 'eCOM' and 'lnsta EMI Card'.</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>

Healthy operating metrics: BAF added 3.23 Mn customers (+5/-16% YoY/QoQ) during the qtr. vs 3.1/3.9 Mn customer YoY/QoQ, taking the total customer base to 83.64 Mn customers (+21/4% YoY/QoQ).The company booked ~7.9 Mn loans during the qtr. (+4/-20% YoY/QoQ).The new loans booked during the quarter were lower by approximately 0.8 Mn on account of the restrictions placed by the RBI, on sanction and disbursal of loans under 'eCOM' and 'lnsta EMI Card'.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.

Bajaj Finance Ltd. - Inline Quarter, Strong RoA Delivery to Continue!