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 Technologies (HCLT) posted a revenue/margin beat in Q2, driven by higher license revenue, strong BFSI performance (ex-State Street divestment) and recovery in ER&amp;D services</li><li>The revenue guidance lower band was raised and the margin band was maintained</li><li>Increase earnings estimate by ~3% to factor in broad-based growth improvement and concurrent margin enhancement</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 Technologies (HCLT) posted a revenue/margin beat in Q2, driven by higher license revenue, strong BFSI performance (ex-State Street divestment) and recovery in ER&amp;D servicesThe revenue guidance lower band was raised and the margin band was maintainedIncrease earnings estimate by ~3% to factor in broad-based growth improvement and concurrent margin enhancementContent 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 (Q2FY25): Good Show. Maintain ADD