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. 

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)

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>We recently interacted with Metro Brands’ (MBL) CFO Mr Kaushal Parekh</li><li>The focus remains on strengthening the value proposition across all brands</li><li>This is reflected in MBL’s best-in-class growth and capital allocation choices (10-year revenue/EBITDA CAGR of 14/18% with FCF/PAT conversion of ~80%</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>

We recently interacted with Metro Brands’ (MBL) CFO Mr Kaushal ParekhThe focus remains on strengthening the value proposition across all brandsThis is reflected in MBL’s best-in-class growth and capital allocation choices (10-year revenue/EBITDA CAGR of 14/18% with FCF/PAT conversion of ~80%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.

Metro Brands - KPI Normalisation to Continue, Thesis on Track. Maintain SELL