External broker reports(aggregated public sources), ICICI Securities Ltd

ICICI Securities Limited

ICICI Securities Limited provides investment services. The Company provides corporate and investment banking, securities, wealth management, retail brokerage, initial public offerings, and advisory services. 

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External broker reports(aggregated public sources)

Equity Bottom-Up

Mahindra Logistics Ltd / Equity Bottom-Up

<p>PAT de-grew 27% QoQ to Rs 9 crore (vs. expected Rs 3 crore), as operating performance was impacted by higher interest and depreciation expense What should investors do? Continued momentum in the non-auto segment of MLL will drive higher contribution from value added services (sorting, bill processing...</p><div class="content-highlight"><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></div>

PAT de-grew 27% QoQ to Rs 9 crore (vs. expected Rs 3 crore), as operating performance was impacted by higher interest and depreciation expense What should investors do? Continued momentum in the non-auto segment of MLL will drive higher contribution from value added services (sorting, bill processing...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.

Mahindra Logistics: Improved Margins in Spite of Low Operating Leverage