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>PI Industries (PIIND) posted a strong quarter beating our and street estimates.</li><li>The company exports grew 34% (over a high base) mainly on account of an increase in revenue of existing products and 19% growth in the domestic segment, which was driven by the good Khar if season.</li><li>The company reported revenue of 1,770 Cr, up 31%/15% YoY/QoQ. It reported an EBITDA Margin of 24.4% against our estimate of 23.1% which was 284bps higher YoY.</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>

PI Industries (PIIND) posted a strong quarter beating our and street estimates.The company exports grew 34% (over a high base) mainly on account of an increase in revenue of existing products and 19% growth in the domestic segment, which was driven by the good Khar if season.The company reported revenue of 1,770 Cr, up 31%/15% YoY/QoQ. It reported an EBITDA Margin of 24.4% against our estimate of 23.1% which was 284bps higher YoY.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.

PI Industries Ltd - Strong Quarter; Order Book Growth Jolts Positive Outlook!

Pi Industries

PI Industries Ltd - Strong Quarter; Order Book Growth Jolts Positive Outlook!