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. 

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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>JKCL reported better operating performance during the quarter owing to higher volume and better realization.</li><li>Its Volume/Revenue grew by 16%/18% YoY (above expectation) YoY.</li><li>However, its EBITDA (above expectation), and APAT (below expectation) de-grew by 9%/44% on the back of higher power/fuel cost which was up 28% on a tonne basis at Rs1,659 YoY and higher interest charges.</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>

JKCL reported better operating performance during the quarter owing to higher volume and better realization.Its Volume/Revenue grew by 16%/18% YoY (above expectation) YoY.However, its EBITDA (above expectation), and APAT (below expectation) de-grew by 9%/44% on the back of higher power/fuel cost which was up 28% on a tonne basis at Rs1,659 YoY and higher interest charges.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 - Robust Volume Growth; Cost Pressure To Ease

JK Cement Ltd

JK Cements Limited - Robust Volume Growth; Cost Pressure To Ease