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

Ujjivan Small Finance Bank  / Equity Bottom-Up

Ujjivan Small Finance Bank  (UJJIVANS IN)

<ul><li>Disbursements grew by 15% YoY and de-grew by 3% QoQ, with flat growth in MFI and a 5% degrowth in the non-MFI segments.</li><li>Advances growth of 27/4% YoY/QoQ was driven by non-MFI loans (+24/7% YoY/QoQ), while MFI loans grew by 28/3% YoY/QoQ.</li><li>The share of MFI loans stood at 71% vs 72% 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>

Disbursements grew by 15% YoY and de-grew by 3% QoQ, with flat growth in MFI and a 5% degrowth in the non-MFI segments.Advances growth of 27/4% YoY/QoQ was driven by non-MFI loans (+24/7% YoY/QoQ), while MFI loans grew by 28/3% YoY/QoQ.The share of MFI loans stood at 71% vs 72% 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.

Ujjivan Small Finance Bank Ltd. - Growth Outlook Strong, Maintain BUY!