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>Siemens: Siemens India Ltd (SIL) delivered healthy standalone Q4FY24 revenue/EBITDA/APAT of INR 59.74/8.5/7.7bn, beating our estimates by 0.1/2.7/11.5%</li><li>EBITDA margin was 14.2%(+243.3bps/+139.3bps YoY/QoQ) vs our estimate of 13.8%</li><li>SIL received new orders worth INR 61.6bn (+37/-1.3% YoY/QoQ), which is strong, considering the slowdown in bid/order process amid election season</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>

Siemens: Siemens India Ltd (SIL) delivered healthy standalone Q4FY24 revenue/EBITDA/APAT of INR 59.74/8.5/7.7bn, beating our estimates by 0.1/2.7/11.5%EBITDA margin was 14.2%(+243.3bps/+139.3bps YoY/QoQ) vs our estimate of 13.8%SIL received new orders worth INR 61.6bn (+37/-1.3% YoY/QoQ), which is strong, considering the slowdown in bid/order process amid election seasonContent 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.

Siemens Ltd

Siemens - Robust Performance