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>Positive Rabi acreages outlook: Dhanuka reported a 33% QoQ revenue growth despite significantly higher sales returns (~Rs 100 Cr) and pricing pressure.</li><li>While the overall rainfall has been very good, heavy rains in August and September impacted insecticide volumes. However, the introduction of new products helped the company improve its topline.</li><li>Going forward, with a good reservoir position and a favourable groundwater situation, Rabi acreages are expected to show a positive trajectory. </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>

Positive Rabi acreages outlook: Dhanuka reported a 33% QoQ revenue growth despite significantly higher sales returns (~Rs 100 Cr) and pricing pressure.While the overall rainfall has been very good, heavy rains in August and September impacted insecticide volumes. However, the introduction of new products helped the company improve its topline.Going forward, with a good reservoir position and a favourable groundwater situation, Rabi acreages are expected to show a positive trajectory. 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.

Dhanuka Agritech Ltd - Positive Outlook on Rabi Season