Mandatory Disclosure
Under Regulation 19
Complete regulatory disclosures as required by SEBI for Research Analysts, ensuring transparency and compliance.
I am Ashok Bhandari, a SEBI Registered research analyst (INH000019549) and BSE Enlistment number 6490. I also hold these qualifications – M.com, MBA Finance.
Research Analyst
There is no disciplinary history, pending orders, or outstanding litigations against me as a research analyst.
Details of Associates: Mention the details of associate employed by RA (as applicable).
I/we or our associates or relatives do not have any financial interest or ownership in the subject company
I/we or our associates or relatives do not have actual/beneficial ownership of 1% or more in the subject company
I/we or our associates or relatives do not have any other material conflict of interest at the time of publication of research report
I/we or our associates or relatives have not received any compensation from the subject company in the past twelve months
I/we or our associates or relatives have not managed or co-managed public offering of securities for the subject company in the past twelve months
Investment Banking compensation: Not received in the past twelve months
Non-investment banking compensation: Not received in the past twelve months
Other compensation: Not received in the past twelve months
Compensation for products and services other than investment banking: Not received
Any other material conflict of interest: None declared
I do not serve as an officer, director, or employee of any subject company covered in my research reports.
AI Tools Disclosure: I may use artificial intelligence tools to collect, analyze, and summarize publicly available data for research purposes. All AI-assisted analysis is reviewed and verified before publication.
Buy
The stock is expected to deliver more than 15% returns over the next 12 months
Sell / Target
The stock is expected to deliver negative returns or underperform the market over the next 12 months
Hold
The stock is expected to deliver returns in the range of 5-15% over the next 12 months
Stop Loss Price
A predetermined price level at which a position should be closed to limit losses
Contact Information
Phone: 9773578026
Email: ashokbhandari74@gmail.com
Address: L2D Kanha Complex, Plot No. 6/161 Sec 2, Rajinder Nagar, Sahibabad, Ghz. 201005
Market Risk Warning
Investments in securities market are subject to market risks. Please read all scheme/offer related documents carefully before investing.
SEBI Registration Disclaimer
SEBI registration does not guarantee performance of the research analyst or provide any assurance of returns to investors. Past performance is not indicative of future results.
Complete Documentation
For the complete and official version of all mandatory disclosures, please download the original document.