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. 

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.

External broker reports(aggregated public sources)

Equity Bottom-Up

<ul><li>With sharp gross margin expansion and healthy traction in non-vehicle business ALL beats estimates in Q2FY25.</li><li>This was the seventh consecutive quarter when ALL has maintained its EBITDA margin above 10% mark.</li><li>The management has shared a positive outlook for the CV industry in H2FY25. Outlook We retain a Buy with a revised PT of Rs.</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>

With sharp gross margin expansion and healthy traction in non-vehicle business ALL beats estimates in Q2FY25.This was the seventh consecutive quarter when ALL has maintained its EBITDA margin above 10% mark.The management has shared a positive outlook for the CV industry in H2FY25. Outlook We retain a Buy with a revised PT of Rs.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.

Ashok Leyland Ltd - Q2 Beats Hopes, Commitment for Profitable Growth Continue