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. 

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.

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>JYL’s 2QFY25 results were below our expectations, owing to broad-based performance slowdown across segments</li><li>Volume growth of 3% was a bit disappointing and management alluded subdued performance to floods in South India (40% of Jyothy’s sales)</li><li>However, volume growth has bounced back in September and the company is gunning for mid to high single digit volume growth in 2HFY25 on account of enhanced focus on increasing direct reach, pushing LUP in low market share markets.</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>

JYL’s 2QFY25 results were below our expectations, owing to broad-based performance slowdown across segmentsVolume growth of 3% was a bit disappointing and management alluded subdued performance to floods in South India (40% of Jyothy’s sales)However, volume growth has bounced back in September and the company is gunning for mid to high single digit volume growth in 2HFY25 on account of enhanced focus on increasing direct reach, pushing LUP in low market share markets.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.

Jyothy Labs (2QFY25): Keeping the Faith Alive. Maintain BUY

Jyothy Laboratories

Jyothy Labs (2QFY25): Keeping the Faith Alive. Maintain BUY