Research Disclaimer and Disclosure under SEBI

Research Services are under the banner of Bhupesh Sharma SEBI Registration-INH000013545

  • The report, information, opinions, and buy/sell recommendations have been prepared by me, Bhupesh Sharma, and are subject to change without notice.
  • The content of this report is strictly confidential and intended solely for the selected recipient.
  • It must not be copied, shared, transmitted, or reproduced, in part or full, without my prior written consent.
  • The information contained in this report is based on publicly available data that I believe to be reliable and accurate.
  • However, I do not guarantee the accuracy or completeness of such data or information.
  • I or my relatives shall not be responsible for any loss or damage arising from any inadvertent error, omission, or reliance on the information contained in this publication.
  • Past performance should not be considered an indication or guarantee of future performance.
  • The price, value, and income of securities or financial instruments mentioned can both rise and fall.
  • This report includes my personal analysis and views, provided solely for informational and educational purposes.
  • It does not constitute investment advice, a recommendation, or a solicitation to buy or sell any security.
  • The opinions expressed are my current views as of the report date and may change without prior notice.
  • Neither I nor any person connected with me accepts any liability arising from the use of this report.
  • Investors are advised not to rely solely on the information in this report. Each investor must consider their own investment objectives, financial situation, and risk profile before making decisions.
  • Recipients are encouraged to seek professional financial advice before acting on any information herein.
  • This document is intended for private circulation and educational purposes only.
  • Neither the information nor the opinions expressed constitute an offer or invitation to buy or sell securities or derivatives.
  • All investment guidance or recommendations represent only the personal views of the research analyst.
  • Users are advised to use the information for educational understanding and rely on their own judgment when making investment decisions.
  • This report is not an offer document, nor does it provide investment, legal, or taxation advice.
  • The report is not for public distribution or for use in jurisdictions where such use is restricted by law or regulation.
  • Recipients will not be treated as clients merely by receiving this report.
  • The report is based on information obtained from sources considered reliable, but accuracy and completeness are not guaranteed.
  • Bhupesh Sharma (SEBI Registration No. INH000013545) shall not be responsible for any loss or damage arising from inadvertent errors or reliance on this report.
  • Recipients should conduct their own investigation before making investment decisions.
  • I confirm that no material disciplinary action has been taken against me by any regulatory authority impacting my Equity Research Analysis activities.
  • To the best of my knowledge and belief, I, Bhupesh Sharma / my associates / my family declare the following:

  • Do not have any financial interest or any actual/beneficial ownership in the subject company
  • Do not have any other material conflict of interest at the time of publication of the research report.
  • Have not received any compensation from the subject company and have not managed or co-managed any public offering of securities for the subject company.
  • Have not received any compensation for brokerage services or any products/services, nor any other benefits from the subject company, and have not engaged in market-making activity for the subject company.
  • Have not served as an officer, director, or employee of the subject company.
  • Investments in securities market are subject to market risks. Read all the related documents carefully before investing.
  • Registration granted by SEBI & Certification from NISM in no way guarantee performance of the intermediary or provide any assurance of returns to investors.
  • Past performance does not provide the guarantee of future returns.