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>Pricol is a market leader in India with 50%/70%/50% market share in the 2W/CV and tractor segment respectively for Driver Information System and Sensors.</li><li>The company is the world’s 2nd largest producer of instrument clusters, which is also a focus area of Minda, and the potential acquisition of Pricol will help Minda consolidate its position as a market leader in the instrument cluster.</li><li>Pricol has zero long-term debt and its working capital debt stands at a comfortable Rs 95 Cr.</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>

Pricol is a market leader in India with 50%/70%/50% market share in the 2W/CV and tractor segment respectively for Driver Information System and Sensors.The company is the world’s 2nd largest producer of instrument clusters, which is also a focus area of Minda, and the potential acquisition of Pricol will help Minda consolidate its position as a market leader in the instrument cluster.Pricol has zero long-term debt and its working capital debt stands at a comfortable Rs 95 Cr.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.

Minda Corporation Ltd - Acquisition of a 15.7% Stake in Pricol Ltd

Minda Corp Ltd

Minda Corporation Ltd - Acquisition of a 15.7% Stake in Pricol Ltd