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>Beating Operating performance: V-Mart Retail posted a healthy 15.5% YoY revenue growth, which was in line with expectations and driven by a robust 10% YoY same-store sales growth (SSSG).</li><li>Demand remained strong, supported by the festive season, followed by wedding and winter sales that picked up in December.</li><li>Management noted early signs of recovery in semi-urban and rural markets.</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>

Beating Operating performance: V-Mart Retail posted a healthy 15.5% YoY revenue growth, which was in line with expectations and driven by a robust 10% YoY same-store sales growth (SSSG).Demand remained strong, supported by the festive season, followed by wedding and winter sales that picked up in December.Management noted early signs of recovery in semi-urban and rural markets.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.

V-Mart Retail Ltd - Growth Story Remains on Track; Maintain BUY