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.

Equity Bottom-Up

<ul><li>Infosys’ (INFO) performance volatility continued with revenue weakness and uninspiring guidance for next year</li><li>High discretionary portfolio, spending velocity of enterprise clients and elevated third-party costs have increased the volatility</li><li>While the guidance is muted at 1 to 3% CC impacted by a weak exit to FY24E, it still implies sequential growth acceleration</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>

Infosys’ (INFO) performance volatility continued with revenue weakness and uninspiring guidance for next yearHigh discretionary portfolio, spending velocity of enterprise clients and elevated third-party costs have increased the volatilityWhile the guidance is muted at 1 to 3% CC impacted by a weak exit to FY24E, it still implies sequential growth accelerationContent 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.

Infosys: Extended Volatility Leading to Delayed Recovery. Maintain ADD

Infosys Ltd

Infosys: Extended Volatility Leading to Delayed Recovery. Maintain ADD