Disclaimer

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StockMarketResearch.Co is owned by Sumesh Kumar Guleria (“Research Analyst”) , who is a SEBI registered Research Analyst (INH000013758) and is regulated by Securities and Exchange Board of India (SEBI).

This report is not intended to be an offer to buy or sell any financial products. The data presented here comes from publically accessible sources or other trustworthy sources. This report should not be used as the foundation for making financial decisions; rather, it is offered for guidance only. Any use of this information by the user is at their own risk.

Even though this report is distributed to every client concurrently, not every customer may receive it at the same moment.

Every recipient of this report should conduct whatever research is required to reach a decision on their own and should speak with their own advisor to weigh the pros and drawbacks of the securities' risk.

Future events or results cannot be guaranteed to be in line with this information. In no event shall the Research Analyst be liable for any damages, including without limitation direct or indirect, special, incidental, or consequential damages, losses or expenses arising in connection with the data presented by the Research Analyst through this report.

The research analyst owns rights to this report; hence, users are not permitted to distribute it to third parties without the research analyst's prior written authorization.

Research Analyst or his/her relative’s may have financial interest in the subject company.

Research Analyst or his/her relatives does not have actual/beneficial ownership of 1% or more securities of the subject company at the end of the month immediately preceding the date of publication of Research Report.

Further, price history of the daily closing price of the securities covered in this note is available at bseindia.com/ nseindia.com