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>The company held its investor day on 9 June 2025 to share its future plans for the India CV and PV businesses</li><li>We expect the CV segment to witness growth in FY26, though margins may be impacted in the near term as a result of the safeguard duty on steel</li><li>We expect the PV segment volumes to grow 2.5% in FY26, broadly in line with the industry</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>

The company held its investor day on 9 June 2025 to share its future plans for the India CV and PV businessesWe expect the CV segment to witness growth in FY26, though margins may be impacted in the near term as a result of the safeguard duty on steelWe expect the PV segment volumes to grow 2.5% in FY26, broadly in line with the industryContent 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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