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>Upstream Aluminium CoP: Despite lower shipments at 328kt, down 2% YoY, flat QoQ, and drop in LME prices QoQ, revenue rose by 16%/3% YoY/QoQ to Rs 9,125 Cr, led by higher metal premium.</li><li>EBITDA/t jumped up by 80%/6% YoY/QoQ to $1,349/t on account of lower input costs and higher revenue.</li><li>In Q2FY25, the CoP was down by 1.6% QoQ, largely because of a drop in coal costs. </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>

Upstream Aluminium CoP: Despite lower shipments at 328kt, down 2% YoY, flat QoQ, and drop in LME prices QoQ, revenue rose by 16%/3% YoY/QoQ to Rs 9,125 Cr, led by higher metal premium.EBITDA/t jumped up by 80%/6% YoY/QoQ to $1,349/t on account of lower input costs and higher revenue.In Q2FY25, the CoP was down by 1.6% QoQ, largely because of a drop in coal costs. 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.

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