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>The company’s Q1FY25 overall results were in line with estimates. This was due to broad performance across segments (excluding paperboard).</li><li>Net revenue grew by 7.5% YoY to Rs 16,858 Cr. Cigarette revenue grew 6% YoY (~2-3% volume growth), FMCG revenue grew ~6% YoY, led by broad-based growth across categories despite subdued demand conditions.</li><li>The Hotel business maintained its stellar performance, with revenue up by 11% 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>

The company’s Q1FY25 overall results were in line with estimates. This was due to broad performance across segments (excluding paperboard).Net revenue grew by 7.5% YoY to Rs 16,858 Cr. Cigarette revenue grew 6% YoY (~2-3% volume growth), FMCG revenue grew ~6% YoY, led by broad-based growth across categories despite subdued demand conditions.The Hotel business maintained its stellar performance, with revenue up by 11% 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.

ITC Ltd

ITC Ltd. - Inline Numbers; Maintain BUY