External broker reports(aggregated public sources), Axis Direct

Axis Direct

Axis Direct is the flagship brand under Axis Securities Limited, a subsidiary of Axis Bank 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)

Axis Direct is the flagship brand under Axis Securities Limited, a subsidiary of Axis Bank 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>Weak performance across key verticals: Management sees some stress in manufacturing (especially automotive), life sciences, retail, and CPG segments, contributing to utilisation challenges and necessitating restructuring.</li><li>Deal wins/pipeline: Two large deals anticipated for Q1 were delayed to Q2 due to procedural reasons. T</li><li>he pipeline remains strong, driven by digital business, engineeringled approach, and AI propositions, with healthy demand for efficiency-led deals.</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>

Weak performance across key verticals: Management sees some stress in manufacturing (especially automotive), life sciences, retail, and CPG segments, contributing to utilisation challenges and necessitating restructuring.Deal wins/pipeline: Two large deals anticipated for Q1 were delayed to Q2 due to procedural reasons. The pipeline remains strong, driven by digital business, engineeringled approach, and AI propositions, with healthy demand for efficiency-led deals.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.

HCL Technologies Ltd - Subdued Performance; Focus on Digital Transformation