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>The hospitality business reported an 18% YoY growth, with ARR increasing to Rs 10,532 (+2.3% YoY) and occupancy reaching 74%, an improvement of 82 basis points YoY.</li><li>The MMR and other regions reported RevPAR growth rates of 9% and 12% YoY, respectively.</li><li>Rental annuity saw strong growth of 40%, driven by new leases made and signed. </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>

The hospitality business reported an 18% YoY growth, with ARR increasing to Rs 10,532 (+2.3% YoY) and occupancy reaching 74%, an improvement of 82 basis points YoY.The MMR and other regions reported RevPAR growth rates of 9% and 12% YoY, respectively.Rental annuity saw strong growth of 40%, driven by new leases made and signed. 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.

Chalet Hotels Ltd - Riding the Upcycle; Maintain Buy