External broker reports(aggregated public sources), ICICI Securities Ltd

ICICI Securities Limited

ICICI Securities Limited provides investment services. The Company provides corporate and investment banking, securities, wealth management, retail brokerage, initial public offerings, and advisory services. 

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)

ICICI Securities Ltd

ICICI Securities Limited provides investment services. The Company provides corporate and investment banking, securities, wealth management, retail brokerage, initial public offerings, and advisory services. 

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

<div><ul><li>Services revenues came in US$130.6 mn (up 1.2% QoQ, 1.6% QoQ in CC) while DLM business reported decline of 9.4% QoQ to US$26.1 mn.</li><li>Overall EBIT margin at the company level improved 59 bps to 14.5%, services EBIT margin came in at 15.4%, down 23 bps QoQ while DLM margins came in at 9.8%, up 379 bps QoQ.</li><li>The company reported margins of 13.9% at the group level, which were down 14 bps QoQ while they were up 272 bps YoY</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></div>

Services revenues came in US$130.6 mn (up 1.2% QoQ, 1.6% QoQ in CC) while DLM business reported decline of 9.4% QoQ to US$26.1 mn.Overall EBIT margin at the company level improved 59 bps to 14.5%, services EBIT margin came in at 15.4%, down 23 bps QoQ while DLM margins came in at 9.8%, up 379 bps QoQ.The company reported margins of 13.9% at the group level, which were down 14 bps QoQ while they were up 272 bps YoYContent 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.

Cyient Ltd - Guides 13-15% CC Growth for FY23; Acquires Citec