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>CCL Products’ consolidated revenue for Q3FY24 stood at Rs 664 Cr, reporting a growth of 24% YoY (14% volume growth).</li><li>Though it was strong, it was impacted due to the Red Sea crisis as the company had to defer the shipment in Q4FY24.</li><li>The impact was to the tune of Rs 40-50 Cr; however, barring the impact, the volume growth would have been at 20-21%. </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>

CCL Products’ consolidated revenue for Q3FY24 stood at Rs 664 Cr, reporting a growth of 24% YoY (14% volume growth).Though it was strong, it was impacted due to the Red Sea crisis as the company had to defer the shipment in Q4FY24.The impact was to the tune of Rs 40-50 Cr; however, barring the impact, the volume growth would have been at 20-21%. 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.

CCL Products Ltd - Red Sea Crisis Played Spoilsport; Maintain BUY

CCL Products India

CCL Products Ltd - Red Sea Crisis Played Spoilsport; Maintain BUY