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>We attended Siemens Energy India (SEL) analyst day, where management articulated a strategy that capitalizes on its unique position at the confluence of India's energy growth and the global energy transition</li><li>SEL is strategically positioned in the high-growth power transmission (T&amp;D) business and stable power generation &amp; services</li><li>Exports (23% of FY25 revenue) are largely driven by T&amp;D products like transformers whilst services (~26% of FY25 revenue) is driven by Gas/Steam turbines installation in India</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 attended Siemens Energy India (SEL) analyst day, where management articulated a strategy that capitalizes on its unique position at the confluence of India's energy growth and the global energy transitionSEL is strategically positioned in the high-growth power transmission (T&amp;D) business and stable power generation &amp; servicesExports (23% of FY25 revenue) are largely driven by T&amp;D products like transformers whilst services (~26% of FY25 revenue) is driven by Gas/Steam turbines installation in IndiaContent 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.

Siemens Energy: Well Energized for Transition. Maintain BUY