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

<div><div><div><div><ul><li>Demand Outlook: The management foresees pick up in 2W demand with the onset of the festive season.</li></ul><div><div><div><ul><li>Margins: Hero has taken price hikes to counter the RM inflation. In Apr’22 it took a hike of Rs 850 and Rs 1,200 in Jul’22 which will get reflected in upcoming quarters.</li></ul><div><div><div><div><ul><li>EV launch: The company will be launching its EV product in the upcoming festive season. Effective stake in Ather Energy after accounting for dilution now stands at 35%.</li></ul></div></div></div></div></div></div></div></div></div></div></div><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>

Demand Outlook: The management foresees pick up in 2W demand with the onset of the festive season.Margins: Hero has taken price hikes to counter the RM inflation. In Apr’22 it took a hike of Rs 850 and Rs 1,200 in Jul’22 which will get reflected in upcoming quarters.EV launch: The company will be launching its EV product in the upcoming festive season. Effective stake in Ather Energy after accounting for dilution now stands at 35%.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.

Hero Motocorp - EBITDA Miss; Growth Outlook Remains Positive