Investors and Traders are responsible for their investment decisions and are responsible to validate all the information used to make the investment/ trading decision. Investor should understand that his/her investment decision is based on personal investment needs and risk tolerance, and performance information available on KyaTrade is only an indicative and other third party expert guidance should be sought before making an investment decision. Past performance does not guarantee future returns and all research ideas and trades on KyaTrade are subject to market risks.
Samco Securities and its associates, officer, directors, and employees, research analyst (including relatives) may: (a) from time to time, have long or short positions in, and buy or sell the Securities, mentioned herein or (b) be engaged in any other transaction involving such Securities and earn brokerage or other compensation or act as a market maker in the financial instruments of the subject company/company(ies) discussed herein or act as advisor or lender/borrower to such company(ies) or have other potential/material conflict of interest with respect to any recommendation and related information and opinions at the time of publication of research report or at the time of public appearance. Samco Securities may have proprietary long/short position in the above mentioned scrip(s) and therefore should be considered as interested. The views provided herein are general in nature and do not consider risk appetite or investment objective of any particular investor; readers are requested to take independent professional advice before investing. This should not be construed as invitation or solicitation to do business with Samco Securities. Samco Securities or its associates may have received compensation from the subject company in the past 12 months. Samco Securities or its associates may have managed or co-managed public offering of securities for the subject company in the past 12 months. Samco Securities or its associates may have received compensation for investment banking or merchant banking or brokerage services from the subject company in the past 12 months. Samco Securities or its associates may have received any compensation for products or services other than investment banking or merchant banking or brokerage services from the subject company in the past 12 months. Samco Securities or its associates have not received any compensation or other benefits from the Subject Company or third party in connection with the research report. Research analyst or his/her relative or Samco Securities’s associates may have financial interest in the subject company. Samco Securities and/or its Group Companies, their Directors, affiliates and/or employees may have interests/ positions, financial or otherwise in the Securities/Currencies and other investment products mentioned in this report. Samco Securities, its associates, research analyst and his/her relative may have other potential/material conflict of interest with respect to any recommendation and related information and opinions at the time of publication of research report or at the time of public appearance.
