External broker reports(aggregated public sources), HDFC Securities

HDFC Securities

HDFC securities is the best online trading platform for stocks, IPOs, mutual fund 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)

HDFC securities is the best online trading platform for stocks, IPOs, mutual fund 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>Eternal continues to remain a lap-up over peers across segments</li><li>In FD, we suspect (on a low base) MTU additions/order/NOV growth are likely to improve (20/24/18% YoY respectively) as the impact of an aggressive Gold membership program (in Q2FY26) starts to bear fruit in terms of MTU recruits</li><li>The recent LPG shortages have caused menu restrictions</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>

Eternal continues to remain a lap-up over peers across segmentsIn FD, we suspect (on a low base) MTU additions/order/NOV growth are likely to improve (20/24/18% YoY respectively) as the impact of an aggressive Gold membership program (in Q2FY26) starts to bear fruit in terms of MTU recruitsThe recent LPG shortages have caused menu restrictionsContent 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.

Eternal: Eternal Remains a Lap-Up on Peers, Upgrade to BUY