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>Larsen &amp; Toubro: Larsen &amp; Toubro (LT) delivered a stable Q3FY23, with revenue/EBITDA/APAT beating our estimates by 4.2/0/4.8% respectively</li><li>Tendering during the quarter was strong with the award-to-tender ratio at 56% (vs 57/34% in Q3FY22/Q2FY23)</li><li>EBITDA margin, at 10.9% (-52/53bps YoY/QoQ), was impacted on account of merger integration costs in LTI Mindtree and higher staff costs in the services portfolio</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>

Larsen &amp; Toubro: Larsen &amp; Toubro (LT) delivered a stable Q3FY23, with revenue/EBITDA/APAT beating our estimates by 4.2/0/4.8% respectivelyTendering during the quarter was strong with the award-to-tender ratio at 56% (vs 57/34% in Q3FY22/Q2FY23)EBITDA margin, at 10.9% (-52/53bps YoY/QoQ), was impacted on account of merger integration costs in LTI Mindtree and higher staff costs in the services portfolioContent 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.

Nippon Life India Asset Management (NAM IN)

HSIE Results Daily: Larsen & Toubro, Tech Mahindra, Nippon Life India Asset