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>No impact of RBI regulations on gold loan disbursals – With the regulator restricting the cash disbursements over Rs 20,000 for gold financiers, Manappuram has surprisingly seen an increase in demand for online gold loans.</li><li>The company has been a pioneer in the online gold loans and benefits from the first mover advantage, as multiple gold financing NBFC peers do not have adequate and/or appropriate infrastructure to comply with the restrictions.</li><li>Post the restrictions, Manappuram has seen an increase in the customers opting for an online gold loan to ~63% vs 60% earlier. </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>

No impact of RBI regulations on gold loan disbursals – With the regulator restricting the cash disbursements over Rs 20,000 for gold financiers, Manappuram has surprisingly seen an increase in demand for online gold loans.The company has been a pioneer in the online gold loans and benefits from the first mover advantage, as multiple gold financing NBFC peers do not have adequate and/or appropriate infrastructure to comply with the restrictions.Post the restrictions, Manappuram has seen an increase in the customers opting for an online gold loan to ~63% vs 60% earlier. 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.

Manappuram Finance Ltd. - Strengthening Collections to Improve Asset Quality