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>Sundaram Finance (SUF) earnings beat estimates benefitting from higher other income, partly offset by higher provisioning</li><li>AUM growth was strong (+27% YoY), driven by non-M&amp;HCV segments, particularly retail CV (+55% YoY)</li><li>SUF’s product and geographic diversification approach to sustain its growth momentum and lift its margins has augured well in the past couple of years, driving superior operating performance</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>

Sundaram Finance (SUF) earnings beat estimates benefitting from higher other income, partly offset by higher provisioningAUM growth was strong (+27% YoY), driven by non-M&amp;HCV segments, particularly retail CV (+55% YoY)SUF’s product and geographic diversification approach to sustain its growth momentum and lift its margins has augured well in the past couple of years, driving superior operating performanceContent 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.

Sundaram Finance: It’s a Marathon, Not a Sprint, Downgrade to REDUCE