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>GR Infraprojects Ltd.(GRIL) reported a weak set of numbers in Q2FY24.</li><li>The company reported revenue of Rs 1,574 Cr (down 11% YoY) due to disruptive monsoon, delay in the declaration of AD for various projects and delay in 2 Punjab projects.</li><li>It posted EBIDTA of Rs 194 Cr (down 25% YoY), marginally down from our expectations. </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>

GR Infraprojects Ltd.(GRIL) reported a weak set of numbers in Q2FY24.The company reported revenue of Rs 1,574 Cr (down 11% YoY) due to disruptive monsoon, delay in the declaration of AD for various projects and delay in 2 Punjab projects.It posted EBIDTA of Rs 194 Cr (down 25% YoY), marginally down from our expectations. 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.

GR Infraprojects Ltd - Weak Quarter; Delays in Appointed Date Pose Concern

G R Infraprojects

GR Infraprojects Ltd - Weak Quarter; Delays in Appointed Date Pose Concern