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>DCB Bank Ltd. (DCB) reported strong advances growth of 18/4% YoY/QoQ, driven by continued growth in the Mortgage and AIB segment while gold loans de-grew during the quarter.</li><li>Thus, supported by healthy advances growth and 25/16bps NIM expansion, NII growth was robust at 28/9% YoY/QoQ.</li><li>Non-interest income improved despite lower PSLC income as core fee income growth improved meaningfully. </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>

DCB Bank Ltd. (DCB) reported strong advances growth of 18/4% YoY/QoQ, driven by continued growth in the Mortgage and AIB segment while gold loans de-grew during the quarter.Thus, supported by healthy advances growth and 25/16bps NIM expansion, NII growth was robust at 28/9% YoY/QoQ.Non-interest income improved despite lower PSLC income as core fee income growth improved meaningfully. 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.

DCB Bank Ltd. - On Track to Deliver 1% RoA; Maintain BUY!