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.

Thematic (Sector/Industry)

India Materials / Thematic (Sector/Industry)

<ul><li>Indian Specialty Chemical sector is riding turbulent times with twin problem of demand slowdown and high inventory build-up across the channels.</li><li>This has led to stable to declining performance from most of the chemicals companies as price decrease and negative operating leverage affected the margins of the company.</li><li>Certain end user industries such as Dyes and Pigments, Latex witnessed a persistent drop in demand &amp; prices for final products have corrected more rapidly than expected, this along with aggressive Chinese dumping due to slower than expected domestic demand in China, the sector has experienced further pricing pressure. </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>

Indian Specialty Chemical sector is riding turbulent times with twin problem of demand slowdown and high inventory build-up across the channels.This has led to stable to declining performance from most of the chemicals companies as price decrease and negative operating leverage affected the margins of the company.Certain end user industries such as Dyes and Pigments, Latex witnessed a persistent drop in demand &amp; prices for final products have corrected more rapidly than expected, this along with aggressive Chinese dumping due to slower than expected domestic demand in China, the sector has experienced further pricing pressure. 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.

Chemicals - Q2FY24 - Earnings Preview (Agro-Chem SpChem)