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.

Equity Bottom-Up

Prince Pipes and Fittings / Equity Bottom-Up

<ul><li>We recently met with the Prince Pipes’ management</li><li>The management noted that industry demand has been subdued and decreasing resin prices is leading to dealers’ destocking</li><li>CPVC resin prices has increased by 1-2% QoQ in Q2, industry has not passed on this to end customer</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 met with the Prince Pipes’ managementThe management noted that industry demand has been subdued and decreasing resin prices is leading to dealers’ destockingCPVC resin prices has increased by 1-2% QoQ in Q2, industry has not passed on this to end customerContent 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.

Prince Pipes and Fittings: Resin Price Volatilty to Drag Q2 Performance. Maintain ADD