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 recently expanded its grey cement capacity by 4 mtpa in the demand-accretive central India region.</li><li>Moreover, it is adding another 2 mtpa capacity by debottlenecking existing plants, which will take the total grey cement capacity to 20.7 mtpa and drive the company’s volume growth in FY24.</li><li>We expect the company to post volume growth of 14% CAGR over FY22-24E.</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 recently expanded its grey cement capacity by 4 mtpa in the demand-accretive central India region.Moreover, it is adding another 2 mtpa capacity by debottlenecking existing plants, which will take the total grey cement capacity to 20.7 mtpa and drive the company’s volume growth in FY24.We expect the company to post volume growth of 14% CAGR over FY22-24E.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.

JK Cements Limited - Higher Costs Offset Volume Growth; Maintain BUY!

JK Cement Ltd

JK Cements Limited - Higher Costs Offset Volume Growth; Maintain BUY!