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>HUL registered 4% volume growth in Q1FY25 on account of gradual recovery witnessed in rural demand.</li><li>However, its revenue grew by 1.6% to Rs 15,166 which partly offset due to the price cuts.</li><li>The company’s gross margins improved 171bpsYoY to 50.9% while EBITDA margin improved by 26bps YoY to 23.5% owing to higher adspends, Adj. PAT stood at Rs 2,572 Cr, grew by 3% YoY.</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>

HUL registered 4% volume growth in Q1FY25 on account of gradual recovery witnessed in rural demand.However, its revenue grew by 1.6% to Rs 15,166 which partly offset due to the price cuts.The company’s gross margins improved 171bpsYoY to 50.9% while EBITDA margin improved by 26bps YoY to 23.5% owing to higher adspends, Adj. PAT stood at Rs 2,572 Cr, grew by 3% YoY.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.

Hindustan Unilever Ltd - Seeing Gradual Recovery; Maintain BUY