External broker reports(aggregated public sources), Axis Direct

Axis Direct

Axis Direct is the flagship brand under Axis Securities Limited, a subsidiary of Axis Bank 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.

External broker reports(aggregated public sources)

Axis Direct is the flagship brand under Axis Securities Limited, a subsidiary of Axis Bank 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>Cyient reported robust Q2FY23 results with revenue for the quarter at Rs 1,396 Cr, up 11.7% QoQ and 25.6% YoY.</li><li>The company’s operating margins declined by 264bps QoQ to 8.8%.</li><li>However, the Services’ operating margins de-grew by 261bps QoQ to 12.8% while the DLM’s margins stood at 6.2% due to better execution and currency translation.</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>

Cyient reported robust Q2FY23 results with revenue for the quarter at Rs 1,396 Cr, up 11.7% QoQ and 25.6% YoY.The company’s operating margins declined by 264bps QoQ to 8.8%.However, the Services’ operating margins de-grew by 261bps QoQ to 12.8% while the DLM’s margins stood at 6.2% due to better execution and currency translation.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.

Cyient Ltd - Revenue Inline, Margins Under Stress; Healthy Outlook Continues