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)

Bajaj Finance (BAF): Burgeoning Omnipresence Distribution to Drive Growth

Bajaj Finance: Q1FY24 Interim Update - Stellar Growth Continues

Bajaj Finance: Strong Q1FY24 Earnings - Guidance Upgraded

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>Robust customer acquisition; BAF added 3.1 Mn customers during Q4FY23 (vs 2.2/3.1 Mn customers YoY/QoQ), taking the total customer base to 69.1 Mn customers.</li><li>The company booked ~7.6 Mn loans during the quarter (+21% YoY, flat QoQ).</li><li>The cross-sell franchise stood at 40.6 Mn customers (+24/5% YoY/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>

Robust customer acquisition; BAF added 3.1 Mn customers during Q4FY23 (vs 2.2/3.1 Mn customers YoY/QoQ), taking the total customer base to 69.1 Mn customers.The company booked ~7.6 Mn loans during the quarter (+21% YoY, flat QoQ).The cross-sell franchise stood at 40.6 Mn customers (+24/5% YoY/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.

Bajaj Finance Ltd. - RoA to Remain Strong Despite Margin Pressures!