SMC Global Securities Ltd. (hereinafter referred to as “SMC”) is a registered Member of National Stock Exchange of India Limited, Bombay Stock Exchange Limited and its associate is member of MCX stock Exchange Limited. It is also registered as a Depository Participant with CDSL and NSDL. Its associates merchant banker and Portfolio Manager are registered with SEBI and NBFC registered with RBI. It also has registration with AMFI as a Mutual Fund Distributor.
Registered Office: 11 / 6B, Shanti Chamber, Pusa Road, New Delhi 110005. Tel: 91-11-30111000, Website: www.smctradeonline.com
SEBI Reg. No. INZ000199438, Member: BSE (470), NSE (07714) & MSEI (1002), NCDEX (00021), MCX (8200) & ICEX (1010). DP SEBI Regn. No. CDSL/NSDL-IN-DP-130-2015, Mutual Funds Distributor ARN No. 29345. SMC Insurance Brokers Pvt. Ltd. IRDAI Regn. No: DB 272/04 License No. 289 Valid upto 27/01/2023. • Real Estate Advisory services are offered through SMC Real Estate Advisors Pvt. Ltd. Disclaimer: Investments in securities market are subject to market risks, read all the related documents carefully before investing. PMS is not offered in commodity derivative segment. Insurance is the subject matter of solicitation.
SMC is a SEBI registered Research Analyst having registration number INH100001849. SMC or its associates has not been debarred/ suspended by SEBI or any other regulatory authority for accessing /dealing in securities market. SMC or its associates including its relatives/analyst do not hold any financial interest/beneficial ownership of more than 1% in the company covered by Analyst. SMC or its associates and relatives does not have any material conflict of interest. SMC or its associates/analyst has not received any compensation from the company covered by Analyst during the past twelve months. The subject company has not been a client of SMC during the past twelve months. SMC or its associates has not received any compensation or other benefits from the company covered by analyst or third party in connection with the research report. The Analyst has not served as an officer, director or employee of company covered by Analyst and SMC has not been engaged in market making activity of the company covered by Analyst.
The views expressed are based solely on information available publicly available/internal data/ other reliable sources believed to be true. SMC does not represent/ provide any warranty express or implied to the accuracy, contents or views expressed herein and investors are advised to independently evaluate the market conditions/risks involved before making any investment decision.
Disclaimer: This Report Is For Informational Purpose Only And Contains Information, Opinion, Material Obtained From Reliable Sources And Every Effort Has Been Made To Avoid Errors And Omissions And Is Not To Be Construed As An Advice Or An Offer To Act On Views Expressed Therein Or An Offer To Buy And/or Sell Any Securities Or Related Financial Instruments, Smc, Its Employees And Its Group Companies Shall Not Be Responsible And/or Liable To Anyone For Any Direct Or Consequential Use Of The Contents Thereof. Reproduction Of The Contents Of This Report In Any Form Or By Any Means Without Prior Written Permission Of The Smc Is Prohibited. Please Note That We And Our Affiliates, Officers, Directors And Employees, Including Person Involved In The Preparation Or Issuance Of This Material May; (a) From Time To Time, Have Long Or Short Positions In, And Buy Or Sell The Securities Thereof, Of Company (ies) Mentioned Herein Or (b) May Trade In This Securities In Ways Different From Those Discussed In This Report Or (c) Be Engaged In Any Other Transaction Involving Such Securities And Earn Brokerage Or Other Compensation Or Act As A Market Maker In The Financial Instrument Of The Company (ies) Discussed Herein Or May Perform Or Seek To Perform Investment Banking Services For Such Company (ies) Or Act As Advisor Or Lender / Borrower To Such Company (ies) Or Have Other Potential Conflict Of Interest With Respect Of Any Recommendation And Related Information And Opinions, All Disputes Shall Be Subject To The Exclusive Jurisdiction Or Delhi High Court. Safe Harbor Statement: Some Forward Statements On Projections, Estimates, Expectations, Outlook Etc Are Included In This Update To Help Investors / Analysts Get A Better Comprehension Of The Company's Prospects And Make Informed Investment Decisions. Actual Results May, However, Differ Materially Form ThoseStated On Account Of Factors Such As Changes In Government Regulations, Tax Regimes, Economic Developments Within India And The Countries Within Which The Company Conducts Its Business, Exchange Rate And Interest Rate Movements, Impact Of Competing Products And Their Pricing, Product Demand And Supply Constraints. Investors Are Advised To Consult Their Certified Financial Advisors Before Making Any Investments To Meet Their Financial Goals.