Vidfin Technologies Private Limited (hereinafter referred to as “VIDFIN”) is a registered entity with SEBI for Research Analyst in accordance with SEBI (Research Analyst) Regulations, 2014 under registration number INH100009752. VIDFIN or its associates have not been debarred/ suspended by SEBI or any other regulatory authority for accessing /dealing in the securities Market.
This document is intended solely for the personal information of the recipient, and must not be singularly relied upon as the basis for any investment decision. Nothing in this document should be interpreted as investment or financial advice. Each recipient of this document should conduct their investigations as they deem necessary to form an independent evaluation of an investment in the securities of the companies mentioned in this document (including assessing the merits and risks involved) and should consult their advisors to evaluate the merits and risks of such an investment.
Neither VIDFIN, its associates, the research analyst, nor any of their relatives collectively own (in their proprietary position) 1% or more of the equity securities of the subject company/ies mentioned in the report as of the last day of the month preceding the publication of the research report or at the time of public appearance. Additionally, neither VIDFIN nor its associates nor Research Analysts or their relatives have any material conflict of interest at the time of publication of the research report or at the time of public appearance.
VIDFIN, its associates, the research analyst, or any of their relatives
(a) have not received any compensation from the subject company in the past twelve months;
(b) have not managed or co-managed public offering of securities for the subject company in the past twelve months;
(c) have not received any compensation for investment banking, merchant banking or brokerage services from the subject company in the past twelve months;
(d) have not received any compensation for products or services other than investment banking or merchant banking or brokerage services from the subject company in the past twelve months;
(e) have not received any compensation or other benefits from the subject company or third party in connection with the research report;
(f) have not served as an officer, director, or employee of the subject company;
(g) are not engaged in the market-making activity for the subject company.
Past performance should not be regarded as indicative or guarantee of future performance, and no representation or warranty, express or implied, is made regarding future performance. Information, opinions and estimates contained in this report reflect the judgment Of VIDFIN as of its original publication date and are subject to change without notice. The price, Value, and income from any securities or financial instruments mentioned in the report can rise and fall. The value of securities and financial instruments is subject to exchange rate fluctuations that may have Either a positive or adverse effect on their price or income.
The report also includes analysis and views of our research team. The opinions expressed in the report are our current opinions as of the date of the Report and may be subject to change from time to time without notice. VIDFIN or any persons connected with it do not accept any liability arising from the use of this document.
Reports based on technical and derivative analysis center on studying charts of a stock’s price movement, outstanding positions, and trading volume, as opposed to focusing solely on a company’s fundamentals. And as such, they may not align with reports based on a company’s fundamentals. Investors are advised to refer to the Fundamental and Technical Research Reports available on our website to evaluate the contrary view.
`Investments in securities market are subject to market risk, read all the related documents carefully before investing.`
The information in this document has been compiled based on publicly available information, internal data, and other reliable sources believed to be accurate, but we do not guarantee its accuracy or completeness, and it should not be relied upon as such, since this document is for general guidance only. VIDFIN or any of its affiliates/ group companies shall not be held responsible for any loss or damage that may arise to any person from any inadvertent error in the information contained in this report. VIDFIN has not independently verified all the information contained within this document. Consequently, we cannot attest to, nor make any representation or warranty, express or implied, regarding the accuracy, contents, or data contained within this document. While VIDFIN endeavours to update the information discussed in this material on a reasonable basis, there may be regulatory, compliance, or other reasons that prevent us from doing so.
This document is being supplied to you solely for your information, and its contents, information, or data may not be reproduced, redistributed, or passed on, directly or indirectly.
Neither VIDFIN, nor its directors, employees, or affiliates shall be liable for any loss or damage that may arise from or in connection with the use of this information. VIDFIN or its associates or Research Analyst or any of their relatives do not have a financial interest in the subject company. The research analyst has not served as an officer, director, or employee of the subject company. We confirm that no material disciplinary action has been taken on VIDFIN by any regulatory authority impacting Equity Research Analysis. VIDFIN is not engaged in any marketing activity for the subject company.
SEBI Registration details:
Registered Office: 48A, DDA Pocket B, Sector-26, Dwarka, New Delhi - 110077. Vidfin Technologies Private Limited: SEBI Regn. Nos.: Research Analyst: INH100009752; For any complaints, email us at contact@vidfin.com.