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I, Rachana Vaidya, Research Analyst (SEBI REGISTRATION NUMBER : INH000012625) comply with the qualification and certification requirements under SEBI (Research Analyst) Regulations, 2014. I have been working in the Indian Capital markets for over 14 years.
All of the views expressed in our research reports and recommendations issued by me reflect my personal views about the subject Company or companies at the given point of time and I do not receive/accept any kind of compensation, directly or indirectly related to specific recommendations or views expressed in reports issued by me.
The investments discussed or views expressed in reports and recommendations issued by me may not be suitable for all investors. The user assumes the entire risk of any use made of this information. Neither me nor any person connected with my report, accepts any liability arising from the use of research document. The recipients of research document should rely upon their own investigations and should consult their own advisors to determine merit and risks of such investments.
Price and value of the investments referred to in this material may go up or down. Past performance is not a guide for future performance.
Certain transactions including those involving futures, options and other derivatives as well as non-investment grade securities involve substantial risk and are not suitable for all investors. Reports and recommendations based on technical analysis centres on studying charts of a stock’s price movement and trading volume, as opposed to focusing on a company’s fundamentals and as such, may not match with a report on a company’s fundamentals.
Opinions expressed in research reports & recommendations will be based on the current opinions as of the date appearing in research report & recommendations. While I endeavour to update on a reasonable basis the information discussed in research reports, there may be regulatory, compliance, or other reasons that prevent me from doing so.
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In so far as reports include current or historic information, it is believed to be reliable, although its accuracy and completeness cannot be guaranteed.
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A. Disclosure with regard to Ownership and Material conflicts of Interest:
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D. General Disclosure:
There is no disciplinary action which is / was running / initiated against the Research Analyst by the Regulatory authority SEBI and there are no outstanding litigations against her. There are no financial dependent associates. Securities Investments are subject to market risk, economic risk, interest rate risks, credit risks, political and geopolitical risks, currency risks, country risks and risks arising from changing business dynamics. The performance of company(ies) covered herein may be adversely affected by numerous factors including, for example, (i) business, economic, and political conditions; (ii) the supply of and demand for the goods and services produced, provided, or sold by such companies; (iii) changes and advances in technology that may, among other things, render goods and services sold by the such companies obsolete; and (iv) actual and potential competition from other companies, whether in India or abroad. (v) Certain companies may need substantial additional capital to support growth or to achieve or maintain a competitive position. Such capital may not be available on attractive terms or at all. (vi) adverse news about the company/sector, (vii) poor results of the company (ix) unforeseen force major events like war, hostilities, revolution, riots, civil commotion, strikes, lockouts, epidemic, fire, explosion, flood, earthquake, act of God, any act of Government or any such other cause. Hence, there is no assurance, insurance or guarantee that the forecast, recommendation, opinion, etc. given about the securities/companies in the report will be achieved.
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