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

Equitas Small Finance Bank  / Equity Bottom-Up

Equitas Small Finance Bank  (EQUITASB IN)

<ul><li>The bank has continued to deliver a strong performance both on the advances and deposit growth in H1FY24.</li><li>In the provisional update released by the bank for Q3FY24, advances growth was robust at 32/5% YoY/QoQ, while deposit growth was steady at 39/5% YoY/QoQ.</li><li>Equitas continues to see healthy demand across products and is eyeing to exit FY24 with credit growth of 25-30%, with growth delivery at the upper end of the guided band.</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>

The bank has continued to deliver a strong performance both on the advances and deposit growth in H1FY24.In the provisional update released by the bank for Q3FY24, advances growth was robust at 32/5% YoY/QoQ, while deposit growth was steady at 39/5% YoY/QoQ.Equitas continues to see healthy demand across products and is eyeing to exit FY24 with credit growth of 25-30%, with growth delivery at the upper end of the guided band.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.

Pick of the Week - Equitas Small Finance Bank Ltd. - 23 JANUARY 2024