External broker reports(aggregated public sources), HDFC Securities

HDFC Securities

HDFC securities is the best online trading platform for stocks, IPOs, mutual fund in India. 

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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 Financials / Thematic (Sector/Industry)

<ul><li>UltraTech Cement: We maintain ADD on UltraTech (UTCEM) with a revised target price of INR 12,100 (valuing it at 17x Mar-27E consolidated EBITDA)</li><li>In Q3FY25, UTCEM delivered industry-leading 12% volume growth and the all-round cost reduction QoQ drove unit EBITDA up by INR 220/MT to INR 944/MT</li><li>We estimate the consolidation of India Cements and Kesoram to drive 21/9% YoY volume growth in FY26/27E</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>

UltraTech Cement: We maintain ADD on UltraTech (UTCEM) with a revised target price of INR 12,100 (valuing it at 17x Mar-27E consolidated EBITDA)In Q3FY25, UTCEM delivered industry-leading 12% volume growth and the all-round cost reduction QoQ drove unit EBITDA up by INR 220/MT to INR 944/MTWe estimate the consolidation of India Cements and Kesoram to drive 21/9% YoY volume growth in FY26/27EContent 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.

Ujjivan Small Finance Bank  (UJJIVANS IN)

HSIE Results Daily: UltraTech Cement, Bharat Petroleum Corporation