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)

Equity Bottom-Up

<p>We remain cautiously optimistic about the performance of the company. We value the stock at 16x FY23E, with a target of Rs 126, a downside of 7% from CMP.</p><div class="content-highlight"><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></div>

We remain cautiously optimistic about the performance of the company. We value the stock at 16x FY23E, with a target of Rs 126, a downside of 7% from CMP.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.

Gabriel India: Stellar Exports Performance; Near-Term Headwinds Persist