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

<ul><li>EBITDAM expanded 26bps QoQ to 3.3% (HSIE: 3.2%)</li><li>Meanwhile, Instamart’s NOV growth diverged significantly from Blinkit’s NOV growth, with NOV growing 3.6% QoQ to INR 56.7bn – trailing Blinkit’s 8.2% growth – as management prioritized profitable growth by rolling back the "no-fee" campaign and churning low-AOV users</li><li>CM improved by 106bps QoQ to -2.6% of NOV (HSIE: -2.8%), led by increased monetization and consumer incentive rationalization.</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>

EBITDAM expanded 26bps QoQ to 3.3% (HSIE: 3.2%)Meanwhile, Instamart’s NOV growth diverged significantly from Blinkit’s NOV growth, with NOV growing 3.6% QoQ to INR 56.7bn – trailing Blinkit’s 8.2% growth – as management prioritized profitable growth by rolling back the "no-fee" campaign and churning low-AOV usersCM improved by 106bps QoQ to -2.6% of NOV (HSIE: -2.8%), led by increased monetization and consumer incentive rationalization.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.

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