External broker reports(aggregated public sources), Emkay Global Financial Services Limited

Emkay

Emkay Global Financial Services Ltd. is a leader in the financial services sector, actively creating wealth for our clients for over two decades.

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External broker reports(aggregated public sources)

Emkay Global Financial Services Limited

Emkay Global Financial Services Ltd. is a leader in the financial services sector, actively creating wealth for our clients for over two decades. 

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

Godrej Consumer Products / Equity Bottom-Up

<ul><li>GCPL has been a play on execution for a couple of years now.</li><li>Our downgrade (to Reduce) after the Q3 business update factored in concerns on slowdown in/waning of execution.</li><li>Two-third of the India business is likely to be stressed in the near term, with India margin to be strained given inflationary pressure.</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>

GCPL has been a play on execution for a couple of years now.Our downgrade (to Reduce) after the Q3 business update factored in concerns on slowdown in/waning of execution.Two-third of the India business is likely to be stressed in the near term, with India margin to be strained given inflationary pressure.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.

Godrej Consumer Products - Near-Term Outlook Weak; Step up in Execution Is Key