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

Endurance Technologies Ltd / Equity Bottom-Up

<ul><li>Endurance Technologies reported consolidated Revenue broadly in line with our estimates, while EBITDA/PAT missed estimates by 8.4%/13.6% respectively.</li><li>Consolidated revenue grew 8% YoY (+4% QoQ), outpacing overall production in the domestic Auto industry growth, which was flat YoY (2W production degrew 1.5% YoY).</li><li>This was supported by higher new car registrations in the EU (+15% YoY). </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>

Endurance Technologies reported consolidated Revenue broadly in line with our estimates, while EBITDA/PAT missed estimates by 8.4%/13.6% respectively.Consolidated revenue grew 8% YoY (+4% QoQ), outpacing overall production in the domestic Auto industry growth, which was flat YoY (2W production degrew 1.5% YoY).This was supported by higher new car registrations in the EU (+15% YoY). 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.

Endurance Technologies Ltd - Q2FY24 EBITDA Miss; Expect Gradual Margin Recovery