External broker reports(aggregated public sources), Sharekhan

Sharekhan

Sharekhan is India's leading broking house providing services from easy online trading, research to wide array of financial products. 

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External broker reports(aggregated public sources)

Equity Bottom-Up

<ul><li>Q2FY2025 revenues lagged estimates, led by continued dip in volumes y-o-y.</li><li>Negative operating leverage and lower truck utilisation led to a higher miss on OPM and net earnings.</li><li>Company eyes mid-single digit growth in H2FY2025, while it expects to revert to double digit growth trajectory in FY2026. It expects OPMs to revert to earlier levels with a demand revival.</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>

Q2FY2025 revenues lagged estimates, led by continued dip in volumes y-o-y.Negative operating leverage and lower truck utilisation led to a higher miss on OPM and net earnings.Company eyes mid-single digit growth in H2FY2025, while it expects to revert to double digit growth trajectory in FY2026. It expects OPMs to revert to earlier levels with a demand revival.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.

TCI Express Ltd - Weak Q2; Focus on Reverting to Growth