Research Reports published by AXIS DIRECT

Solara Active Pharma Sciences Ltd.    
24 Nov 2020, 12:00AM
1128.75
4.54%
Axis Direct
We have initiating coverage on SOLARA with BUY rating and a target price of Rs 1,350 (P/E of 18x for FY23E earnings) which implies an upside of 25% from the current levels.
Solara Active Pharma Sciences Ltd.'s price crossed above SMA30 today
Market Movement    
TREND | 24 Nov 2020, 12:00AM
Axis Direct
Asian markets are trading mixed while investors focus on developments with regard to a potential coronavirus vaccine. Nikkei is trading higher by 2.61%; Hang Seng is trading lower by 0.07% and Shanghai is trading lower by 0.33%. Indian indices are expected to open higher. Sgx Nifty is trading higher
Axis Direct released a Daily Note report for Market Movement on 24 Nov, 2020.
Bajaj Auto Ltd.    
23 Nov 2020
3095.70
0.58%
Axis Direct
Bajaj Auto remains the 2nd largest player (~18% market share) in the domestic motorcycle segment and continues to be the largest exporter of two-wheelers in India.
Number of FIIs/FPIs holding stock rose by 71 to 776 in Sep 2020 qtr.
Market Movement    
TREND | 23 Nov 2020
Axis Direct
Asian markets are trading mixed tracking weak cues from Wall Street over the weekend. Nikkei is shut for trading due to holiday; Hang Seng is trading lower by 0.11% and Shanghai is trading higher by 0.57%. Indian indices are expected to open on in the green. Sgx Nifty is trading higher by 0.56%.
default
Axis Direct released a Daily Note report for Market Movement on 24 Nov, 2020.
RBI and Finance Ministry    
TREND | 23 Nov 2020
Axis Direct
RBI's Internal Working Group (IWG) has recommended guidelines on ownership and preferred corporate structure of Indian private banks. While key guidelines on increasing promoter stake, NOHFC structure are positives, conversion of large NBFCs into banks could throw up some uncertainties as guidelin..
Axis Direct released a report for RBI and Finance Ministry on 23 Nov, 2020.
Market Movement    
TREND | 20 Nov 2020
Axis Direct
Asian markets are trading mixed as investors remained cautious amid rising coronavirus cases. Nikkei is trading lower by 0.65%; Hang Seng is trading higher by 0.26% and Shanghai is trading flattish. Indian indices are expected to open on a flat note. Sgx Nifty is trading higher by 0.19%.
Axis Direct released a Daily Note report for Market Movement on 24 Nov, 2020.
Market Movement    
TREND | 19 Nov 2020
Axis Direct
Asian markets are trading lower tracking weak cues from Wall Street overnight. Nikkei is trading lower by 0.45%; Hang Seng is trading lower by 0.47% and Shanghai is trading lower by 0.17%. Indian indices are expected to open lower. Sgx Nifty is trading lower by 0.89%.
Axis Direct released a Daily Note report for Market Movement on 24 Nov, 2020.
World Economy and Markets    
TREND | 18 Nov 2020
Axis Direct
Asian markets are trading mixed as investors take note of data from Japan which showed exports in October declined 0.2% vs. estimates of 4.5% decline. Nikkei is trading lower by 0.71%; Hang Seng is trading lower by 0.02% and Shanghai is trading higher by 0.36%. Indian indices are expected to open on
Axis Direct released a Daily Note report for World Economy and Markets on 18 Nov, 2020.
Market Movement    
TREND | 17 Nov 2020
Axis Direct
Asian markets are trading mixed tracking cues from Wall Street overnight. Nikkei is trading lower by 0.12%; Hang Seng is trading higher by 0.15% and Shanghai is trading lower by 0.27%. Indian indices are expected to open marginally higher. Sgx Nifty is trading higher by 0.37%.
Axis Direct released a Daily Note report for Market Movement on 24 Nov, 2020.
Persistent Systems Ltd.    
17 Nov 2020
1213.15
4.93%
Axis Direct
Persistent Systems headquartered in Pune, India offers specialized services in cloud computing, digitization, business analytics etc. Persistent has established strong leadership in few verticals viz., Enterprise software, Consumer Software, Innovation Services etc.
Axis Direct released a Buy report for Persistent Systems Ltd. on 17 Nov, 2020.