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)

Equity Bottom-Up

<p>On FY23E EPS, the stock trades at 14.7x PE, a discount to its 5 year average (22x PE). We thus raise our target PE multiple to 17x (15x earlier) leading to revised TP of Rs. 235 (Rs. 170 earlier). Maintain BUY.</p><div class="content-highlight"><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></div>

On FY23E EPS, the stock trades at 14.7x PE, a discount to its 5 year average (22x PE). We thus raise our target PE multiple to 17x (15x earlier) leading to revised TP of Rs. 235 (Rs. 170 earlier). Maintain BUY.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.

NOCIL: On FY23E EPS, the stock trades at 14.7x PE, a discount to its 5 year average (22x PE)

Nocil Ltd

NOCIL: On FY23E EPS, the stock trades at 14.7x PE, a discount to its 5 year average (22x PE)