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>Trent’s relentless focus on improving its value proposition is evident in its financials</li><li>Across formats (Westside, Zudio and Star), the benefits of sourcing margins continue to be passed on to end consumers, and retailing costs have significantly decreased</li><li>That said, CMP suggests investors seem to have suspended disbelief regarding the sustenance of KPIs/earnings power because (1) Zudio’s sales density seems stretched at ~INR18k/sq ft</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>

Trent’s relentless focus on improving its value proposition is evident in its financialsAcross formats (Westside, Zudio and Star), the benefits of sourcing margins continue to be passed on to end consumers, and retailing costs have significantly decreasedThat said, CMP suggests investors seem to have suspended disbelief regarding the sustenance of KPIs/earnings power because (1) Zudio’s sales density seems stretched at ~INR18k/sq ftContent 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.

Trent - Suspended Disbelief! Maintain SELL

Trent Ltd

Trent - Suspended Disbelief! Maintain SELL