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

<ul><li>Continued volume growth in Lead and Aluminium: The company noted that recent regulatory changes have improved scrap availability, contributing to an overall volume growth of 8% during the quarter.</li><li>However, the reported volume growth was partially impacted as some output from the overseas subsidiary was utilized for manufacturing further refined products internally (in India).</li><li>The management reiterated its three-year volume growth expectations at a CAGR of 25%, which remains unchanged, and the company is expected to achieve a similar growth range in FY25.</li></ul>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.

Continued volume growth in Lead and Aluminium: The company noted that recent regulatory changes have improved scrap availability, contributing to an overall volume growth of 8% during the quarter.However, the reported volume growth was partially impacted as some output from the overseas subsidiary was utilized for manufacturing further refined products internally (in India).The management reiterated its three-year volume growth expectations at a CAGR of 25%, which remains unchanged, and the company is expected to achieve a similar growth range in FY25.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.

Gravita India Ltd. - Volume and Margin Growth Continue; Maintain BUY