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>In Q2FY24, Stylam’s revenue fell 5% YoY owing to global turmoil, lower NSR, and a cool-off in ocean freight rates.</li><li>However, EBITDA rose 18% YoY on continued cool-off in raw material prices and lower other expenses.</li><li>EBITDAM recovers for the sixth consecutive quarter to 19.9% (up 385/145 bps YoY/QoQ)— its best in the past nine quarters.</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>

In Q2FY24, Stylam’s revenue fell 5% YoY owing to global turmoil, lower NSR, and a cool-off in ocean freight rates.However, EBITDA rose 18% YoY on continued cool-off in raw material prices and lower other expenses.EBITDAM recovers for the sixth consecutive quarter to 19.9% (up 385/145 bps YoY/QoQ)— its best in the past nine quarters.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.

Stylam Industries - Strong Margin Offsets Weak Volume Offtake