External broker reports(aggregated public sources), HDFC Securities

HDFC Securities

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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 attended Tech Mahindra’s (TECHM) investor day, where the company reiterated its strategy with some added elements</li><li>There’s an apparent continuity in organic growth focus (vs acquisition playbook earlier) with less than three quarters remaining for CEO transition</li><li>TECHM has trailed its peers historically in growth and operational 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>

We attended Tech Mahindra’s (TECHM) investor day, where the company reiterated its strategy with some added elementsThere’s an apparent continuity in organic growth focus (vs acquisition playbook earlier) with less than three quarters remaining for CEO transitionTECHM has trailed its peers historically in growth and operational 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.

Tech Mahindra (Update): Catching up. Maintain ADD