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.

Thematic (Sector/Industry)

India Utilities / Thematic (Sector/Industry)

<ul><li>Dalmia Bharat: We maintain our BUY rating on Dalmia Bharat with an unchanged TP of INR 2,560/sh (13x its Sep-25E consolidated EBITDA)</li><li>We continue to like Dalmia for its healthy volume, margin, and comfortable balance sheet outlook</li><li>In Q2FY24, Dalmia reported sub-par volume growth (+7% YoY) on market share loss in the east</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>

Dalmia Bharat: We maintain our BUY rating on Dalmia Bharat with an unchanged TP of INR 2,560/sh (13x its Sep-25E consolidated EBITDA)We continue to like Dalmia for its healthy volume, margin, and comfortable balance sheet outlookIn Q2FY24, Dalmia reported sub-par volume growth (+7% YoY) on market share loss in the eastContent 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.

HSIE Results Daily: Dalmia Bharat, Karur Vysya Bank