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.

Equity Bottom-Up

<ul><li>We recently met the management of Persistent Systems (PSYS) and reckon that PSYS will outperform ahead—both on growth and margins</li><li>PSYS’ earnings upgrade has been the highest relative to peers and we believe that there’s further upside risk to consensus earnings</li><li>The company has doubled its revenue in the last three years and is well positioned to double revenue over the next four years, with earnings expected to accelerate even faster (24% EPS CAGR over FY23-25E) as the margin expands</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>

We recently met the management of Persistent Systems (PSYS) and reckon that PSYS will outperform ahead—both on growth and marginsPSYS’ earnings upgrade has been the highest relative to peers and we believe that there’s further upside risk to consensus earningsThe company has doubled its revenue in the last three years and is well positioned to double revenue over the next four years, with earnings expected to accelerate even faster (24% EPS CAGR over FY23-25E) as the margin expandsContent 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.

Persistent Systems (Update): Approaching Escape Velocity. Maintain BUY