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>Demand outlook: The management is anticipating demand for its premium and closed footwear to revive (this segment has a relatively higher contribution to sales and margins) due to improved mobility, higher social gatherings, and offices/schools opening up.</li><li>Digital &amp; Omnichannel to provide growth impetus: During Q1FY23, Bata registered a 19% higher ASP over the previous quarter and complaints came down to 5.2%.</li></ul><div><ul><li>Sneakerization and casualization to continue: Currently, Bata has 125 Sneak <span style="font-size: var(--content-font-size);">studios across India (accounting for 19% of revenue) with Northstar leading c</span><span style="font-size: var(--content-font-size);">ategory in overall sales (margin accretive biz).</span></li></ul></div><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.<br></em></p>

Demand outlook: The management is anticipating demand for its premium and closed footwear to revive (this segment has a relatively higher contribution to sales and margins) due to improved mobility, higher social gatherings, and offices/schools opening up.Digital &amp; Omnichannel to provide growth impetus: During Q1FY23, Bata registered a 19% higher ASP over the previous quarter and complaints came down to 5.2%.Sneakerization and casualization to continue: Currently, Bata has 125 Sneak studios across India (accounting for 19% of revenue) with Northstar leading category in overall sales (margin accretive biz).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. 

Bata India - Resilient Performance Amidst Challenging Times

Bata India Ltd

Bata India - Resilient Performance Amidst Challenging Times