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>SCL reported revenue growth of 14% (in line with expectations) and volume growth of 18% YoY (in line with expectations).</li><li>EBITDA / APAT grew 4%/38% YoY, while EBITDA was below expectations and APAT was above expectations due to tax writeback.</li><li>The company reported a profit of Rs 93 Cr as against Rs 68 Cr in Q1FY23. </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>

SCL reported revenue growth of 14% (in line with expectations) and volume growth of 18% YoY (in line with expectations).EBITDA / APAT grew 4%/38% YoY, while EBITDA was below expectations and APAT was above expectations due to tax writeback.The company reported a profit of Rs 93 Cr as against Rs 68 Cr in Q1FY23. 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.

Star Cement Limited - Robust Volume Growth; Maintain BUY!

Star Cement Ltd

Star Cement Limited - Robust Volume Growth; Maintain BUY!