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>The outlook for Telecom and other verticals remains uncertain in the near term, though it remains positive in the long run.</li><li>Total Contract Value (TCV) remained strong in Q1FY25, amounting to $603 Mn, driven primarily by significant deal wins in the Communication and Enterprise segments. </li><li>Management is confident of gaining medium-term demand momentum, supported by deals secured in previous quarters. Additionally, margin improvements are expected going forward.</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 outlook for Telecom and other verticals remains uncertain in the near term, though it remains positive in the long run.Total Contract Value (TCV) remained strong in Q1FY25, amounting to $603 Mn, driven primarily by significant deal wins in the Communication and Enterprise segments. Management is confident of gaining medium-term demand momentum, supported by deals secured in previous quarters. Additionally, margin improvements are expected going forward.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.

Tech Mahindra Ltd - Results Inline Expectations; Outlook Improves