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>Nestle India: Nestle reported a miss on revenue while the margin was ahead of expectations</li><li>Domestic revenue was up by 14/15% YoY in 4Q/CY22, delivering a three-year CAGR of 11%</li><li>However, Nestle witnessed ~2% YoY volume contraction in 4Q due to sustained inflation impacting demand in the semi-urban market (mainly LUPs)</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>

Nestle India: Nestle reported a miss on revenue while the margin was ahead of expectationsDomestic revenue was up by 14/15% YoY in 4Q/CY22, delivering a three-year CAGR of 11%However, Nestle witnessed ~2% YoY volume contraction in 4Q due to sustained inflation impacting demand in the semi-urban market (mainly LUPs)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.

Nestle India - Weak Volume; Cost Control Supports Margin