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)

Good Morning Japan |Down as Fed Hawks Soar; China Drives Resources; Tesla IR Day; NUGGET: Panasonic

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>Prevailing demand scenario healthy: At the end of Q3FY23, customer orders stood at ~3.63 Lc vehicles out of which about 1.19 Lc orders were for recently launched models.</li><li>The company said it's seeing healthy bookings for both the newly launched Jimny and Fronx.</li><li>Jimly has received a good customer response so far. Improving ASPs: Higher share of SUVs in the sales mix with demand for the newer models and the bigger car sales could keep the ASPs strong.</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>

Prevailing demand scenario healthy: At the end of Q3FY23, customer orders stood at ~3.63 Lc vehicles out of which about 1.19 Lc orders were for recently launched models.The company said it's seeing healthy bookings for both the newly launched Jimny and Fronx.Jimly has received a good customer response so far. Improving ASPs: Higher share of SUVs in the sales mix with demand for the newer models and the bigger car sales could keep the ASPs strong.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.

Maruti Suzuki - Strong Q3 with Beat Across Numbers; Maintain BUY

Maruti Suzuki India

Maruti Suzuki - Strong Q3 with Beat Across Numbers; Maintain BUY