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>NIMs Disappoint in Q1; Improvement to be a Multi-Quarter Journey: HDFCB’s margins disappointed and contracted more sharply than expected by 12bps QoQ to stand at 3.26%.</li><li>However, the management indicated that the NIM trajectory should not be viewed on a quarterly basis given the seasonality.</li><li>Over the medium term, HDFCB remains constructive on its margin trajectory, though improvement would be gradual. </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>

NIMs Disappoint in Q1; Improvement to be a Multi-Quarter Journey: HDFCB’s margins disappointed and contracted more sharply than expected by 12bps QoQ to stand at 3.26%.However, the management indicated that the NIM trajectory should not be viewed on a quarterly basis given the seasonality.Over the medium term, HDFCB remains constructive on its margin trajectory, though improvement would be gradual. 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.

HDFC Bank Ltd - Clarity on MD CEO Re-Appointment and NIM Improvement Key for Re-Rating

IDFC First Bank

HDFC Bank Ltd - Clarity on MD CEO Re-Appointment and NIM Improvement Key for Re-Rating