External broker reports(aggregated public sources), HDFC Securities

HDFC Securities

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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>HCL Tech (HCLT) reported in-line revenue growth of +1.3% QoQ in USD terms, though its margin performance fell short of expectations</li><li>IT services revenue remained flat sequentially, while ER&amp;D revenue declined by -0.5% QoQ in CC terms, and the software segment saw a sharper drop of -7.1% QoQ</li><li>Deal bookings were subdued in Q1 at USD 1.8bn (-39% QoQ / -8% YoY), primarily due to the postponement of two large deals to Q2</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>

HCL Tech (HCLT) reported in-line revenue growth of +1.3% QoQ in USD terms, though its margin performance fell short of expectationsIT services revenue remained flat sequentially, while ER&amp;D revenue declined by -0.5% QoQ in CC terms, and the software segment saw a sharper drop of -7.1% QoQDeal bookings were subdued in Q1 at USD 1.8bn (-39% QoQ / -8% YoY), primarily due to the postponement of two large deals to Q2Content 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.

HCL Technologies - In-Line Revenue; Margin Under Pressure