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>Tata Consultancy Services’ (TCS) Q1 performance reflects signs of recovery and an improving growth trajectory</li><li>The strongest sequential growth in the last six quarters at 2.2% QoQ CC, growth in headcount following successive decline, improved BFSI composition in deals and commentary of recovery in NorthAm banking are positives</li><li>We reckon that the leakages in renewals/ongoing projects have troughed—evident from management commentary that speaks of similar client spending yet better predictability (vs 50/100bps variance in the previous quarter)</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>

Tata Consultancy Services’ (TCS) Q1 performance reflects signs of recovery and an improving growth trajectoryThe strongest sequential growth in the last six quarters at 2.2% QoQ CC, growth in headcount following successive decline, improved BFSI composition in deals and commentary of recovery in NorthAm banking are positivesWe reckon that the leakages in renewals/ongoing projects have troughed—evident from management commentary that speaks of similar client spending yet better predictability (vs 50/100bps variance in the previous quarter)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.

Tata Consultancy Services - Heads You Win, Tails You Don’t Lose. Maintain ADD

Tata Consultancy Svcs

Tata Consultancy Services - Heads You Win, Tails You Don’t Lose. Maintain ADD