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

Equitas Small Finance Bank  / Equity Bottom-Up

Equitas Small Finance Bank  (EQUITASB IN)

<ul><li>MFI pain far from over; Recovery likely by Q1FY26: EQSFB’s SMA flow and fresh stress accretion in the MFI portfolio continue to remain elevated.</li><li>However, the management has indicated that the X-bucket Collection efficiency in Oct’24 has stabilised and expects similar trends to continue over the next 2 quarters.</li><li>However, the slippages and asset quality (AQ) stress in the MFI portfolio will continue to remain elevated in H2FY25, thereby keeping MFI credit costs elevated. </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>

MFI pain far from over; Recovery likely by Q1FY26: EQSFB’s SMA flow and fresh stress accretion in the MFI portfolio continue to remain elevated.However, the management has indicated that the X-bucket Collection efficiency in Oct’24 has stabilised and expects similar trends to continue over the next 2 quarters.However, the slippages and asset quality (AQ) stress in the MFI portfolio will continue to remain elevated in H2FY25, thereby keeping MFI credit costs elevated. 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.

Equitas Small Finance Bank Ltd. - Asset Quality Outlook Unencouraging, HOLD Stays!