Disclosures and Disclaimers
This Report is published by PCS Securities Limited (hereinafter referred to as “PCS”)
for private circulation. PCS is a registered Stock Broker with National Stock Exchange
of India Limited, BSE Limited and Metropolitan Stock Exchange of India Limited in
cash, derivatives and currency derivatives segments. It is also having registration
as a Depository Participant with CDSL & Portfolio Manager. PCS has registered as
Research Analyst under SEBI (Research Analyst) Regulations, 2014 having registration
No. INH200000196.
PCS has other business divisions with independent research teams separated by Chinese
walls, and therefore may, at times, have different or contrary views on stocks and
markets.
CS or its associates has not been debarred / suspended by SEBI or any other regulatory
authority for accessing / dealing in securities Market. PCS or analyst or his relatives
do not hold any financial interest in the subject company. Associates may have such
interest in its ordinary course of business as a distinct and independent body.
PCS or its associates or Analyst do not have any conflict or material conflict of
interest at the time of publication of the research report with the company covered
by Analyst. PCS or its associates or Analyst or his relatives do not hold beneficial
ownership of 1% or more in the subject company at the end of the month immediately
preceding the date of publication of this research report.
PCS or its associates / analyst has not received any compensation / managed or co-managed
public offering of securities of the company covered by Analyst during the past
twelve months. PCS or its associates have not received any compensation or other
benefits from the company covered by Analyst or third party in connection with the
research report. Analyst has not served as an officer, director or employee of subject
company and PCS / analyst has not been engaged in market making activity of the
subject company.
SEBI Registration No. INH200000196 Stock Broker P.C.S. SECURITIES LIMITED Research
Analyst employed by the company and who shall engage in research analysis and/or
research report preparation
Equity Fundamental Analysts
- Mr. Bala Subramanyam
- Mr. Amit Vora
- Mr. Srihari
- Mr. Sandeep palgota
Equity Technical Analysts
- Mr. B. Rajendra
- Mr. Raju Angadi
- Mr. Sharat Achar
Compliance Officer details:
- Mr. Yuvaraj J
Phone : 040-49457701