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. 

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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>In Q4FY24, Cyient reported revenue of Rs 1,861 Cr, up 2.2% QoQ and 6% YoY. The company’s operating margins remain flattish at 14.3%.</li><li>The Services’ operating margins improved by 20bps/140bps QoQ/YoY, led by efficient execution during the quarter as well as currency translation.</li><li>The company’s net profit for Q4FY24 stood at Rs 197 Cr, registering a growth of 34% QoQ and 13% 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>

In Q4FY24, Cyient reported revenue of Rs 1,861 Cr, up 2.2% QoQ and 6% YoY. The company’s operating margins remain flattish at 14.3%.The Services’ operating margins improved by 20bps/140bps QoQ/YoY, led by efficient execution during the quarter as well as currency translation.The company’s net profit for Q4FY24 stood at Rs 197 Cr, registering a growth of 34% QoQ and 13% YoY. 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 - Robust Results; Improved Vertical Outlook