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>IndiaMart Intermesh Ltd (Indiamart) revenue stood at Rs 241 Cr in Q2FY23, reporting strong revenue growth of 32% YoY and 7% QoQ.</li><li>The company’s operating profits, however, reported a de-growth of 100 bps to Rs 67 Cr.</li><li>Its Operating Margins decline from 29% QoQ to 28% primarily owing to the company’s employee cost during the quarter. </li></ul></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>

IndiaMart Intermesh Ltd (Indiamart) revenue stood at Rs 241 Cr in Q2FY23, reporting strong revenue growth of 32% YoY and 7% QoQ.The company’s operating profits, however, reported a de-growth of 100 bps to Rs 67 Cr.Its Operating Margins decline from 29% QoQ to 28% primarily owing to the company’s employee cost during the quarter. 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.

Indiamart Intermesh Ltd - Robust Revenue Growth Albeit with Some Margins Decline