External broker reports(aggregated public sources), HDFC Securities

HDFC Securities

HDFC securities is the best online trading platform for stocks, IPOs, mutual fund in India. 

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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.

Thematic (Sector/Industry)

India Financials / Thematic (Sector/Industry)

<ul><li>Bajaj Auto: Considering the improved outlook in the domestic market—supported by GST rate rationalization, product up-trading, and a focus on new model launches to strengthen the portfolio—along with structurally diversified exports that reduce dependence on Nigeria, pick-up in 3W exports, improving profitability of the EV segment, overcoming of supply challenges, and forex tailwinds, we upgrade our financial estimates</li><li>Accordingly, we increase our target PE multiple for the core business from 21x earlier to 23x now (near +1SD of 4-year mean) of Sep-27 EPS, to reach a TP of INR 9,834 and an upgrade to an ADD rating</li><li>Key risks remain high competitive intensity in the EV segment and potential cost risk in the KTM turnaround.</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>

Bajaj Auto: Considering the improved outlook in the domestic market—supported by GST rate rationalization, product up-trading, and a focus on new model launches to strengthen the portfolio—along with structurally diversified exports that reduce dependence on Nigeria, pick-up in 3W exports, improving profitability of the EV segment, overcoming of supply challenges, and forex tailwinds, we upgrade our financial estimatesAccordingly, we increase our target PE multiple for the core business from 21x earlier to 23x now (near +1SD of 4-year mean) of Sep-27 EPS, to reach a TP of INR 9,834 and an upgrade to an ADD ratingKey risks remain high competitive intensity in the EV segment and potential cost risk in the KTM turnaround.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.

Cholamandalam Investment and Finance (CIFC IN)

FSN E-Commerce Ventures (Nykaa) (NYKAA IN)

HSIE Results Daily: Bajaj Auto, Trent, Cholamandalam Investment and Finance Company...