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>DBL reported a good set of numbers during the quarter as its Volume/Revenue/EBITDA/APAT grew by 8%/7%/20%/29 (above expectation), driven by better demand, lower cost and higher realization.</li><li>EBITDA grew by 20% which was above our and consensus expectation by 3% on account of lower power/fuel cost, down 30% on a per tonne basis.</li><li>The company reported a profit of Rs 263 Cr against Rs 204 Cr in Q3FY23. </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>

DBL reported a good set of numbers during the quarter as its Volume/Revenue/EBITDA/APAT grew by 8%/7%/20%/29 (above expectation), driven by better demand, lower cost and higher realization.EBITDA grew by 20% which was above our and consensus expectation by 3% on account of lower power/fuel cost, down 30% on a per tonne basis.The company reported a profit of Rs 263 Cr against Rs 204 Cr in Q3FY23. 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.

Dalmia BharatLtd. - In Line Operating Performance; Volume Growth & Pricing Key Monitorable