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>Higher volume growth visibility: The recent expansion of cement capacity in the demandaccretive central India region aided in the volume growth of the company during the year.</li><li>The company posted volume growth of 19% in FY24, with Central India's capacity operating at 85% utilization.</li><li>Furthermore, a new capacity expansion program of 6 mtpa is progressing well, which will take its total Grey Cement capacity to 30 mtpa from the current 22 mtpa (representing a capacity growth of 13% CAGR over FY23-FY26). </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>

Higher volume growth visibility: The recent expansion of cement capacity in the demandaccretive central India region aided in the volume growth of the company during the year.The company posted volume growth of 19% in FY24, with Central India's capacity operating at 85% utilization.Furthermore, a new capacity expansion program of 6 mtpa is progressing well, which will take its total Grey Cement capacity to 30 mtpa from the current 22 mtpa (representing a capacity growth of 13% CAGR over FY23-FY26). 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 - Result Largely Inline; Retain BUY

JK Cement Ltd

JK Cements Limited - Result Largely Inline; Retain BUY