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. 

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External broker reports(aggregated public sources)

HDFC Bank: Seasonality Impacts Q1 Growth, But All Is Well

HDFC Bank: Steady ROA Despite NIM Compression Post Merger

HDFC Bank: Growth Trajectory Remains Intact Despite Short-Term Headwinds

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>Given Q1 is a seasonally soft quarter, HDFCB’s advances growth was flat QoQ (+1% QoQ).</li><li>Credit growth was driven by the Retail (+18%/4% YoY/QoQ) and the CRB (29%/3% YoY/QoQ) segment, while the corporate book de-grew by 1% QoQ.</li><li>As a merged entity, HDFCB’s advances grew by ~16% YoY.</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>

Given Q1 is a seasonally soft quarter, HDFCB’s advances growth was flat QoQ (+1% QoQ).Credit growth was driven by the Retail (+18%/4% YoY/QoQ) and the CRB (29%/3% YoY/QoQ) segment, while the corporate book de-grew by 1% QoQ.As a merged entity, HDFCB’s advances grew by ~16% YoY.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. - Inline Quarter; All Eyes on Post-Mergers Performance!