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>In Q3FY23, the company reported robust numbers and the momentum is expected to continue going forward in Q4FY23.</li><li>The revenue grew across all segments in Q3FY23 led by 63%/32%/28%/24%/11%/36% YoY in LMT/ Lighting/ Switches/ Acoustic/Seatings/ Others.</li><li>New Orders: During the quarter, the company has won (1) Incremental orders with an annual peak value of ~Rs 300 Cr comprising of Off-board chargers, Motor controllers, BMS and DC- DC Converters, (2) New orders from a Korean customer for 4W switches, with an annual value of ~Rs 40 Cr, (3) Incremental orders from an American 2W OEM for switches as well as heated grips</li></ul>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.

In Q3FY23, the company reported robust numbers and the momentum is expected to continue going forward in Q4FY23.The revenue grew across all segments in Q3FY23 led by 63%/32%/28%/24%/11%/36% YoY in LMT/ Lighting/ Switches/ Acoustic/Seatings/ Others.New Orders: During the quarter, the company has won (1) Incremental orders with an annual peak value of ~Rs 300 Cr comprising of Off-board chargers, Motor controllers, BMS and DC- DC Converters, (2) New orders from a Korean customer for 4W switches, with an annual value of ~Rs 40 Cr, (3) Incremental orders from an American 2W OEM for switches as well as heated gripsContent 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.

Uno Minda -Strong Show Across Numbers; Valuations Attractive

UNO Minda

Uno Minda -Strong Show Across Numbers; Valuations Attractive