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>HOMEFIRST reported a mixed set of results with better-than-expected P&amp;L outcomes, while AUM growth continued to moderate (+28.6% YoY)</li>
<li>The pace of disbursement growth moderated for the fourth straight quarter to 7% YoY post strong growth during FY22-FY24</li>
<li>Volume throughput metrics (per branch/employee) seem to be peaked out, along with muted growth in average ticket size, necessitating the next round of investments in distribution</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>


HOMEFIRST reported a mixed set of results with better-than-expected P&amp;L outcomes, while AUM growth continued to moderate (+28.6% YoY)
The pace of disbursement growth moderated for the fourth straight quarter to 7% YoY post strong growth during FY22-FY24
Volume throughput metrics (per branch/employee) seem to be peaked out, along with muted growth in average ticket size, necessitating the next round of investments in distribution

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.

Home First Finance Company India: Growth Under Pressure, Downgrade to REDUCE