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>Sonata Software has issued an update indicating that the Q4 revenue growth for the International IT services (IITS) segment will be lower vs what was anticipated earlier</li><li>The company earlier indicated a de-growth of 2.5% to 3.5% in Q4, primarily due to the sudden and unplanned ramp down by a large high-tech client</li><li>The ramp down is now higher vs expected, and we estimate a high single digit revenue decline for Q4, and the recovery will not be immediate</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>

Sonata Software has issued an update indicating that the Q4 revenue growth for the International IT services (IITS) segment will be lower vs what was anticipated earlierThe company earlier indicated a de-growth of 2.5% to 3.5% in Q4, primarily due to the sudden and unplanned ramp down by a large high-tech clientThe ramp down is now higher vs expected, and we estimate a high single digit revenue decline for Q4, and the recovery will not be immediateContent 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.

Sonata Software: Growth challenges. Maintain ADD