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

<div><div><div><div><ul><li>Demand Outlook: The management remains positive on MHCV demand going ahead led by (1) Recovery in core economic sectors such as Construction &amp; Mining, Steel, Cement, and Infrastructure spending</li></ul><div><div><div><div><ul><li>Margins: The management highlighted that it has taken a 2% price hike in Jan’22 and an additional 2-2.5% hike in Apr’22 to offset the impact of elevated steel prices.</li></ul><div><div><div><div><ul><li>Hinduja Leyland Finance (HLFL): Around 35% of HLFL’s portfolio comprises CVs while the balance is divided between 2W, 3W, and OHV, among others.</li></ul></div></div></div></div></div></div></div></div></div></div></div></div><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>

Demand Outlook: The management remains positive on MHCV demand going ahead led by (1) Recovery in core economic sectors such as Construction &amp; Mining, Steel, Cement, and Infrastructure spendingMargins: The management highlighted that it has taken a 2% price hike in Jan’22 and an additional 2-2.5% hike in Apr’22 to offset the impact of elevated steel prices.Hinduja Leyland Finance (HLFL): Around 35% of HLFL’s portfolio comprises CVs while the balance is divided between 2W, 3W, and OHV, among others.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.

Ashok Leyland

Result Update - Ashok Leyland