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

Crompton Greaves Consumer Electricals / Equity Bottom-Up

Crompton Greaves Consumer Electricals (CROMPTON IN)

<ul><li>We recently met with the management of Crompton, who acknowledged near-term demand softness, particularly in summer products, as there was an advancement in demand during 1HCY24 due to rising temperatures and heat waves</li><li>However, the non-summer portfolio continues to show a gradual recovery</li><li>The management reaffirmed their commitment to an absolute profit-led growth strategy</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>

We recently met with the management of Crompton, who acknowledged near-term demand softness, particularly in summer products, as there was an advancement in demand during 1HCY24 due to rising temperatures and heat wavesHowever, the non-summer portfolio continues to show a gradual recoveryThe management reaffirmed their commitment to an absolute profit-led growth strategyContent 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.

Crompton Consumer: Demand Softness in the near Term. Maintain BUY