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.

Thematic (Sector/Industry)

India Financials / Thematic (Sector/Industry)

<ul><li>The companies under our coverage reported Volume/Revenue/EBITDA/APAT growth of 8%/10%/57%/106% YoY against expectations of 6%/9%/50%/90%.</li><li>EBITDA margins improved by 590bps/370bps YoY/QoQ driven by higher realization and lower operating costs. EBITDA/tonne for the quarter stood at Rs 1075, up 50%/26% YoY/QoQ.</li><li>Realization/tonne was higher by 2% each at Rs 5,687 both YoY/QoQ. Cost/tonne stood at Rs 4,614, down 5%/2% YoY/QoQ.</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 companies under our coverage reported Volume/Revenue/EBITDA/APAT growth of 8%/10%/57%/106% YoY against expectations of 6%/9%/50%/90%.EBITDA margins improved by 590bps/370bps YoY/QoQ driven by higher realization and lower operating costs. EBITDA/tonne for the quarter stood at Rs 1075, up 50%/26% YoY/QoQ.Realization/tonne was higher by 2% each at Rs 5,687 both YoY/QoQ. Cost/tonne stood at Rs 4,614, down 5%/2% YoY/QoQ.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.

Top Sector Ideas - Cement Q3FY24