BQ Blue's special research section collates quality and in-depth equity and economy research reports from across India's top brokerages, asset managers and research agencies. These reports offer BloombergQuint's subscribers an opportunity to expand their understanding of companies, sectors and the economy.
Axis Securities Report
Bajaj Auto Ltd. - Bajaj Auto is well-placed to capitalise on demand normalisation and premiumisation trends in the two-wheeler industry which should support profitability and operational performance going forward. Moreover, we expect the company to gain further market share in exports, driven by its market leadership position, brand equity, and enhanced distribution network.
Tech Mahindra Ltd. - We believe Tech Mahindra has a resilient business structure and better revenue growth visibility from a long-term perspective but trading at discount as compared to its Indian peers.
Hindalco Industries Ltd. - With continued deleveraging, lower earnings risk at Novelis (55-60% Ebitda), robust London Metal Exchange aluminium outlook we believe Hindalco is well placed to deliver strong performance.
Click on the attachment for the full list of Axis Securities' 'top stock picks for April 2022:
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