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>ITC reported healthy performance across all segments despite a challenging operating environment characterized by weak consumer demand and unprecedented commodity inflation fueled by geopolitical tensions and supply chain disruptions.</li><li>However, the companywas able to mitigate the unprecedented increase in key inputprices through targeted cost management actions across the value chain as well as premiumization, product mix enrichment, prudent pricing, and fiscal incentives.</li><li>In addition, the company's overall profitability benefited from stable cigarette volumes.</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>

ITC reported healthy performance across all segments despite a challenging operating environment characterized by weak consumer demand and unprecedented commodity inflation fueled by geopolitical tensions and supply chain disruptions.However, the companywas able to mitigate the unprecedented increase in key inputprices through targeted cost management actions across the value chain as well as premiumization, product mix enrichment, prudent pricing, and fiscal incentives.In addition, the company's overall profitability benefited from stable cigarette volumes.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.

ITC Ltd - Another Robust Year; Maintain BUY