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

MAS Financial Services Ltd / Equity Bottom-Up

<ul><li>MAS reported a healthy AUM growth of 32/7% YoY, driven by a healthy disbursement growth of 39% YoY/flattish QoQ.</li><li>The share of direct sourcing improved further to ~61% vs. 60% QoQ.</li><li>NII growth of 50/15% was aided by improving margins (calc.) (+64/39bps YoY/QoQ) and broad-based AUM growth. </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>

MAS reported a healthy AUM growth of 32/7% YoY, driven by a healthy disbursement growth of 39% YoY/flattish QoQ.The share of direct sourcing improved further to ~61% vs. 60% QoQ.NII growth of 50/15% was aided by improving margins (calc.) (+64/39bps YoY/QoQ) and broad-based AUM growth. 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.

MAS Financial Services Ltd. - Focus on Risk-Calibrated Growth, Maintain BUY!