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Concord Control Systems Limite Share Price Update

As of the latest trading session, Concord Control Systems Limite is trading at ₹2505, up by ₹135.95 or 5.73% from its previous close. The stock has moved between ₹2348.00 and ₹2560.00 today. Over the past year, the stock has delivered a return of 188.76%. In the last month, it has returned -6.01%.

Investment Returns

Over 1 Month -6.01% Over 3 Months -5.21% Over 6 Months 11.87% Over 1 Year 188.76%
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Concord Control Systems Limite fundamentals


  • Market cap (Cr) [-]
  • P/E Ratio (TTM) [-]
  • Beta [-]
  • Book Value / share [-]
  • Return on equity [-]%
  • EPS (TTM) [-]
  • Dividend yield [-]%
  • Net profit/quarter (Cr) [-]
info icon alternate text
  • Market cap (Cr) 2,601.00
  • P/E Ratio (TTM) 58.74
  • Beta 1.05
  • Book Value / share 201.33
  • Return on equity 19.09%
  • EPS (TTM) 40.33
  • Dividend yield [-]%
  • Net profit/quarter (Cr) 0.00
info icon alternate text

Concord Control Systems Limite Financials

  • Key Results
  • Key Ratios
  • Balance sheet
  • Cash Flow
  • Competition
info-icon
Revenue
Net income
Particulars MAR 2026 (Values in Cr)
Revenue 210.47
Operating Expense 157.07
Net Profit 41.88
Net Profit Margin (%) 19.89
Earnings Per Share (EPS) 41.24
EBITDA 61.23
Effective Tax Rate (%) 26.07
Particulars MAR 2025 (Values in Cr)
Revenue 124.46
Operating Expense 98.99
Net Profit 23.18
Net Profit Margin (%) 18.62
Earnings Per Share (EPS) 24.70
EBITDA 33.16
Effective Tax Rate (%) 19.95
Particulars MAR 2024 (Values in Cr)
Revenue 65.52
Operating Expense 49.01
Net Profit 13.04
Net Profit Margin (%) 19.90
Earnings Per Share (EPS) 22.37
EBITDA 18.27
Effective Tax Rate (%) 25.86
Particulars MAR 2023 (Values in Cr)
Revenue 49.34
Operating Expense 42.23
Net Profit 5.45
Net Profit Margin (%) 11.04
Earnings Per Share (EPS) 11.03
EBITDA 7.93
Effective Tax Rate (%) 26.18
Particulars MAR 2022 (Values in Cr)
Revenue 31.69
Operating Expense 28.27
Net Profit 2.64
Net Profit Margin (%) 8.33
Earnings Per Share (EPS) 132.08
EBITDA 3.94
Effective Tax Rate (%) 23.69
Particulars MAR 2025 (Values in Cr)
Book Value / Share 189.17
ROE % 27.39
ROCE % 36.28
Total Debt to Total Equity 0.02
EBITDA Margin 26.22
Particulars MAR 2024 (Values in Cr)
Book Value / Share 77.21
ROE % 38.00
ROCE % 47.43
Total Debt to Total Equity 0.08
EBITDA Margin 27.53
Particulars MAR 2023 (Values in Cr)
Book Value / Share 37.17
ROE % 37.98
ROCE % 42.09
Total Debt to Total Equity 0.21
EBITDA Margin 16.11
Particulars MAR 2022 (Values in Cr)
Book Value / Share 373.36
ROE % 42.51
ROCE % 37.25
Total Debt to Total Equity 0.52
EBITDA Margin 12.43
Particulars MAR 2021 (Values in Cr)
Book Value / Share 247.45
ROE % 33.85
ROCE % 29.41
Total Debt to Total Equity 0.65
EBITDA Margin 13.01
Particulars MAR 2025 (Values in Cr)
Book Value / Share 176.96
ROE % 19.09
ROCE % 24.74
Total Debt to Total Equity 0.02
EBITDA Margin 27.88
Particulars MAR 2024 (Values in Cr)
Book Value / Share 77.61
ROE % 38.55
ROCE % 47.97
Total Debt to Total Equity 0.08
EBITDA Margin 27.88
Particulars MAR 2023 (Values in Cr)
Book Value / Share 37.17
ROE % 37.98
ROCE % 42.27
Total Debt to Total Equity 0.20
EBITDA Margin 16.09
Particulars MAR 2022 (Values in Cr)
Book Value / Share 373.46
ROE % 42.93
ROCE % 37.72
Total Debt to Total Equity 0.52
EBITDA Margin 12.43
Particulars MAR 2021 (Values in Cr)
Book Value / Share 241.36
ROE % 32.77
ROCE % 28.59
Total Debt to Total Equity 0.65
EBITDA Margin 12.57
Particulars MAR 2025 (Values in Cr)
Cash & Short Term Investments 14.90
Total Assets 135.99
Total Liabilities 135.99
Total Equity 119.18
Share Outstanding 0
Price to Book Ratio 6.32
Return on Assets (%) 16.65
Return on Capital (%) 18.95
Particulars MAR 2024 (Values in Cr)
Cash & Short Term Investments 23.69
Total Assets 60.23
Total Liabilities 60.23
Total Equity 46.18
Share Outstanding 0
Price to Book Ratio 7.98
Return on Assets (%) 21.26
Return on Capital (%) 26.2
Particulars MAR 2023 (Values in Cr)
Cash & Short Term Investments 4.38
Total Assets 29.76
Total Liabilities 29.76
Total Equity 21.23
Share Outstanding 0
Price to Book Ratio 5.52
Return on Assets (%) 18.30
Return on Capital (%) 22.8
Particulars MAR 2022 (Values in Cr)
Cash & Short Term Investments 0.10
Total Assets 14.75
Total Liabilities 14.75
Total Equity 7.47
Share Outstanding 0
Price to Book Ratio 0.00
Return on Assets (%) 17.90
Return on Capital (%) 24.85
Particulars MAR 2021 (Values in Cr)
Cash & Short Term Investments 0.08
Total Assets 12.51
Total Liabilities 12.51
Total Equity 4.95
Share Outstanding 0
Price to Book Ratio 0.00
Return on Assets (%) 11.44
Return on Capital (%) 17.49
Particulars MAR 2025 (Values in Cr)
Cash & Short Term Investments 7.79
Total Assets 121.82
Total Liabilities 121.82
Total Equity 111.49
Share Outstanding 0
Price to Book Ratio 6.32
Return on Assets (%) 12.37
Return on Capital (%) 13.48
Particulars MAR 2024 (Values in Cr)
Cash & Short Term Investments 23.69
Total Assets 60.46
Total Liabilities 60.46
Total Equity 46.42
Share Outstanding 0
Price to Book Ratio 7.98
Return on Assets (%) 21.56
Return on Capital (%) 26.53
Particulars MAR 2023 (Values in Cr)
Cash & Short Term Investments 9.12
Total Assets 29.80
Total Liabilities 29.80
Total Equity 21.23
Share Outstanding 0
Price to Book Ratio 5.52
Return on Assets (%) 18.27
Return on Capital (%) 22.9
Particulars MAR 2022 (Values in Cr)
Cash & Short Term Investments 0.03
Total Assets 14.72
Total Liabilities 14.72
Total Equity 7.46
Share Outstanding 0
Price to Book Ratio 0.00
Return on Assets (%) 17.94
Return on Capital (%) 24.92
Particulars MAR 2025 (Values in Cr)
Net Income 28.96
Cash from Operations -1.34
Cash from Investing -14.33
Cash from Financing 21.47
Net change in Cash 0.15
Free Cash Flow 1.28
Particulars MAR 2024 (Values in Cr)
Net Income 17.59
Cash from Operations 12.05
Cash from Investing -4.98
Cash from Financing -2.40
Net change in Cash 0.00
Free Cash Flow 13.63
Particulars MAR 2023 (Values in Cr)
Net Income 7.37
Cash from Operations 0.05
Cash from Investing -1.49
Cash from Financing 7.75
Net change in Cash 4.27
Free Cash Flow 0.54
Particulars MAR 2022 (Values in Cr)
Net Income 3.45
Cash from Operations 2.50
Cash from Investing -1.38
Cash from Financing -0.18
Net change in Cash 0.01
Free Cash Flow 3.54
Particulars MAR 2021 (Values in Cr)
Net Income 1.43
Cash from Operations 0.82
Cash from Investing -0.47
Cash from Financing 0.01
Net change in Cash 0.03
Free Cash Flow 1.19
Particulars MAR 2025 (Values in Cr)
Net Income 19.90
Cash from Operations 11.15
Cash from Investing -69.81
Cash from Financing 63.40
Net change in Cash -0.01
Free Cash Flow 12.84
Particulars MAR 2024 (Values in Cr)
Net Income 17.59
Cash from Operations 12.05
Cash from Investing -4.98
Cash from Financing -2.40
Net change in Cash 0.00
Free Cash Flow 13.63
Particulars MAR 2023 (Values in Cr)
Net Income 7.37
Cash from Operations 4.94
Cash from Investing -1.49
Cash from Financing 7.66
Net change in Cash 9.08
Free Cash Flow 5.44
Particulars MAR 2022 (Values in Cr)
Net Income 3.45
Cash from Operations 2.48
Cash from Investing -1.38
Cash from Financing -0.18
Net change in Cash 0.00
Free Cash Flow 3.52
Company Name Price P/E P/B Market Cap 52 Week Low 52 Week High
CG POWER AND IND SOL LTD 808.80 103.56 15.98 127380.88 525.50 887.50
ABB INDIA LIMITED 6418.05 89.29 17.35 136003.85 4640.50 7824.95
JYOTI LTD. 66.01 6.59 -4.91 152.43 48.50 133.00
KAYCEE INDUSTRIES LTD. 866.75 50.10 8.73 275.06 632.30 1645.70
Company Name Price P/E P/B Market Cap 52 Week Low 52 Week High
BHARAT BIJLEE LTD 2701.70 25.43 1.50 3053.76 2009.45 3422.00
CG POWER AND IND SOL LTD 808.80 94.82 15.50 127380.88 525.50 887.50
GE Vernova T&D India Limited 4431.00 101.54 54.38 113455.76 1755.00 4849.85
ABB INDIA LIMITED 6418.05 89.29 17.35 136003.85 4640.50 7824.95

Concord Control Systems Limite shareholding pattern

Holding
33.75%
65.57%
0.04%
0.62%
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Concord Control Systems Limite Technicals Summary

  • EMA & SMA
  • Resistance and Support
  • Delivery and Volume
  • Beta
  • Price Change Analysis
2505.00 5.73 redarrow
red-green-graph indicator
10 Bearish
6 Bullish
  • 5 Days 2544.50
  • 26 Days 2518.80
  • 10 Days 2580.40
  • 50 Days 2444.10
  • 12 Days 2579.70
  • 100 Days 2337.90
  • 20 Days 2547.80
  • 200 Days 2080.10
2406.45 PIVOT
First Support 2312.60 First Resistance 2462.90 Second Support 2256.15 Second Resistance 2556.75 Third Support 2162.30 Third Resistance 2613.20
RSI 42.33 ADX 47.59 MACD 60.90 Williams % R -96.15 Commodity Channel Index (CCI) -165.26
Date 2026-05-18 Week 14833.00 Same Day 10200.00 Month 10070.00
1 Year 1.05 3 Year 1.01
Over 1 Month
-6.01% down
Over 1 Year
188.76% down
Over 3 Months
-5.21% down
Over 3 Years
134.00% down
Over 6 Months
11.87% down
Over 5 Years
0.00% down

Concord Control Systems Limite Corporate Actions

Ex-Date Ex-Bonus Ratio
16 Oct 2025 16 Oct 2025 3:5

Top Gainers

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Top Losers

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Concord Control Systems Limite Share Price

Concord Control Systems Limited was originally incorporated as a Private Limited Company under the name 'Concord Control Systems Private Limited' on January 19, 2011. Subsequently, Company converted into Public Limited Company and consequently, name of the Company was changed to 'Concord Control Systems Limited' dated August 26, 2022, issued by Registrar of Companies. Presently, the Company is engaged in manufacturing and supply of coach related and electrification products for Indian Railways and other Railway Contractors. It manufacture products required in railway coaches like Inter-Vehicular Coupler, Emergency Lighting System, Brushless DC carriage fan, Exhaust fans, Cable Jackets, Bellows etc. and products required in electrification of coaches and Broad Gauge network of Indian Railways like: Battery Charger 200 AH, Battery Charger 40 AH, Tensile Testing Machine.

The Company started its operations in the year 2011 when it got approval to manufacture and supply battery charger in traction system of railway electrification. It further expanded business in manufacturing products fitted in coaches of Indian Railways in the year 2013 and got approved for Emergency Light Unit in coaches for passenger safety. Thereafter, in the year 2014, it received RDSO approval for manufacturing and supply of Tensile Load Testing Machine for Porcelain & Composite Insulators before installation electrical lines. Eventually, Company got approval to Supply Brushless Dc Carriage Fans when it changed technology of fans from normal DC to Brushless DC.

Currently, it has two manufacturing units situated at Lucknow, Uttar Pradesh with total size admeasuring to over 1880 sq. mtrs. The unit has a well-equipped laboratory, modern technology and testing equipments to ensure that products confirm with the predetermined standards. Besides, it has a research and development team dedicated towards developing new products or improving existing products. R&D capabilities include product engineering, product simulation, prototyping and testing which are mainly undertaken at their manufacturing facilities. With R&D capabilities, it is currently developing several new products and is in the process of developing product prototype of Control and Relay Panels. The Company is an approved vendor by Research Design and Standards Organisation (RDSO) to manufacture and supply these products for the Indian Railways.

In 2019-20, the Company acquired 67% stake in Drivetrain Solutions Private Limited and became its Subsidiary Company. It acquired 50% stake in Rangetech Systems India Private Limited and became its Associate Company. Further, during the year it acquired 25% stake in Rangetech Systems India Private Limited and became its Subsidiary Company.

In 2022, the Company acquired 24.98% stake in Rangetech Systems India Private Limited by purchasing equity shares from existing shareholder. It started their operations of Factory Unit II at Chinhat Industrial Area, in Lucknow, U.P.

The Company made a public issue by issuing 15,12,000 Equity Shares of face value of Rs 10/- each and by raising capital of Rs 8.31 Crore through Fresh Issue in September, 2022.

The Company has acquired 26% stake in Progata India Pvt. Ltd. on May 23, 2023 and 50% stake in Concord Lab to Market Innovations Pvt. Ltd,. making them the Associates of the Company in 2024. With effect from January 5, 2024, Drivetrain Solutions Private Limited and Rengetech System India Private Limited have ceased to be subsidiaries of the Company.

Parent organization Indian Private
NSE symbol [-]
Founded 2011
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Board Of Directors

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Govind Prasad Lath Chairman & Non Executive Dir.
Gaurav Lath Joint Managing Director & CFO
Nitin Jain Joint Managing Director
Mahima Jain Non Executive Director
Harsh Yadav Independent Non Exe. Director
Sunil Garg Independent Director
Puja Gupta Company Sec. & Compli. Officer
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Frequently Asked Questions

What is the Current Share Price of Concord Control Systems Ltd?

Answer Field

Concord Control Systems Ltd share price is for NSE ₹ 0.00 & for BSE ₹ 2,505.00 as on May 19 2026 03:27 PM.

What is the Market Cap of Concord Control Systems Ltd Share?

Answer Field

The market cap of Concord Control Systems Ltd for NSE ₹ 0.00 & for BSE ₹ 2,601.00 as on May 19 2026 03:27 PM.

What is the 52 Week High and Low of Concord Control Systems Ltd?

Answer Field

The 52 Week High and Low of Concord Control Systems Ltd for NSE is ₹ 0.00 and ₹ 0.00 and for BSE is ₹ 2,844.95 and ₹ 820.41.

What is 1 year return for Concord Control Systems Ltd?

Answer Field

The 1 year returns on the stock has been 188.76%.

What is the P/E Ratio of Concord Control Systems Ltd Share?

Answer Field

As on May 19 2026 03:27 PM the price-to-earnings (PE) ratio for Concord Control Systems Ltd share is 58.74.

What is the PB ratio of Concord Control Systems Ltd Share?

Answer Field

As on May 19 2026 03:27 PM, the price-to-book (PB) ratio for Concord Control Systems Ltd share is 201.33.

How to Buy Concord Control Systems Ltd Share?

Answer Field

You can trade in Concord Control Systems Ltd shares with Bajaj Broking by opening a demat account.

How to Buy Concord Control Systems Ltd Share on Bajaj Broking App?

Answer Field

To buy Concord Control Systems Ltd shares on the Bajaj Broking app, follow these steps:

• Login to the Bajaj Broking App

• Click on the Search Icon

• Search “Concord Control Systems Ltd”

• Click on the BUY icon

• Place a buy order specifying the desired quantity of shares.

• Click BUY again to complete the purchase

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This service / information is strictly confidential and is being furnished to you solely for your information. This information should not be reproduced or redistributed or passed on directly or indirectly in any form to any other person or published, copied, in whole or in part, for any purpose unless otherwise expressly authorised. This service / information is not directed or intended for distribution to, or use by, any person or entity who is a citizen or resident of or located in any locality, state, country or other jurisdiction, where such distribution, publication, availability or use would be contrary to law, regulation or which would subjectBajaj Financial Securities Limited and affiliates/ group/holding companies to any registration or licensing requirements within such jurisdiction. The distribution of this document in certain jurisdictions may be restricted by law, and persons in whose possession this document comes, should inform themselves about and observe any such restrictions.  

The data would be provided to the clients on an "as is" and "where-is" basis, without any warranty. Bajaj Financial Securities Limited or its subsidiaries and associated companies shall not be liable for any delay or any other interruption which may occur in providing the data due to any reason including network (Internet) reasons or snags in the system, breakdown of the system or any other equipment, server breakdown, maintenance shutdown, breakdown of communication services or inability of the Bajaj Financial Securities Limited or its subsidiaries and associated companies to provide the data. In no event shall the Bajaj Financial Securities Limited or its holding and associated companies be liable for any damages, including without limitation direct or indirect, special, incidental, or consequential damages, losses or expenses arising in connection with the data provided by the Bajaj Financial Securities Limited or its holding and associated companies.

ADDITIONAL DISCLAIMER FOR U.S. PERSONS

Bajaj Financial Securities Limited is not a registered broker-dealer under the U.S. Securities Exchange Act of 1934, as amended (the"1934 act") and under applicable state laws in the United States. In addition, Bajaj Financial Securities Limited is not a registered investment adviser under the U.S. Investment Advisers Act of 1940, as amended (the "Advisers Act" and together with the 1934 Act, the "Acts), and under applicable state laws in the United States. Accordingly, in the absence of specific exemption under the Acts, any brokerage and investment services provided by Bajaj Financial Securities Limited, including the products and services described herein are not available to or intended for U.S. persons. This email message does not constitute an offer or invitation to purchase or subscribe for any securities or solicitation of any investments or investment services and/or shall not be considered as an advertisement tool. "U.S. Persons" are generally defined as a natural person, residing in the United States or any entity organized or incorporated under the laws of the United States. US Citizens living abroad may also be deemed "US Persons" under certain rules.  

ADDITIONAL DISCLAIMER FOR CANADIAN PERSONS

Bajaj Financial Securities Limited is not a registered adviser or dealer under applicable Canadian securities laws nor has it obtained an exemption from the adviser and/or dealer registration requirements under such law. Accordingly, any brokerage and investment services provided by Bajaj Financial Securities Limited, including the products and services described herein are not available to or intended for Canadian persons.  

This mailer and its respective contents do not constitute an offer or invitation to purchase or subscribe for any securities or solicitation of any investments or investment services.  

DISCLAIMER FOR REPORT

DISCLOSURES UNDER THE PROVISIONS OF SEBI (RESEARCH ANALYSTS) REGULATIONS 2014 (REGULATIONS)

Bajaj Financial Securities Limited ("Bajaj Broking" or "Research Entity") is regulated by the Securities and Exchange Board of India ("SEBI") and is licensed to carry on the business of broking, depository services and related activities.  

This Report has been prepared by Bajaj Financial Securities Limited in the capacity of a Research Analyst having SEBI Registration No. INH000010043 and distributed as per SEBI (Research Analysts) Regulations 2014. This report does not constitute an offer or solicitation for the purchase or sale of any financial instrument or as an official confirmation of any transaction. The information contained herein is from publicly available data or other sources believed to be reliable. This report is provided for assistance only and is not intended to be and must not alone be taken as the basis for an investment decision. The user assumes the entire risk of any use made of this information. Each recipient of this report should make such investigation as it deems necessary to arrive at an independent evaluation of an investment in the securities of companies referred to in this document (including the merits and risks involved), and should consult his own advisors to determine the merits and risks of such investment. The investment discussed or views expressed may not be suitable for all investors.  

This information is strictly confidential and is being furnished to you solely for your information. This information should not be reproduced or redistributed or passed on directly or indirectly in any form to any other person or published, copied, in whole or in part, for any purpose. This report is not directed or intended for distribution to, or use by, any person or entity who is a citizen or resident of or located in any locality, state, country or other jurisdiction, where such distribution, publication, availability or use would be contrary to law, regulation or which would subject Bajaj Financial Securities Limited and associates / group companies to any registration or licensing requirements within such jurisdiction. The distribution of this report in certain jurisdictions may be restricted by law, and persons in whose possession this report comes, should observe, any such restrictions. The information given in this report is as of the date of this report and there can be no assurance that future results or events will be consistent with this information. This information is subject to change without any prior notice. Bajaj Financial Securities Limited reserves the right to make modifications and alterations to this statement as may be required from time to time. Bajaj Financial Securities Limited or any of its associates / group companies shall not be in any way responsible for any loss or damage that may arise to any person from any inadvertent error in the information contained in this report. Bajaj Financial Securities Limited is committed to providing independent and transparent recommendation to its clients. Neither Bajaj Financial Securities Limited nor any of its associates, group companies, directors, employees, agents or representatives shall be liable for any damages whether direct, indirect, special or consequential including loss of revenue or lost profits that may arise from or in connection with the use of the information. Our proprietary trading and investment businesses may make investment decisions that are inconsistent with the recommendations expressed herein. Past performance is not necessarily a guide to future performance .The disclosures of interest statements incorporated in this report are provided solely to enhance the transparency and should not be treated as endorsement of the views expressed in the report. The information provided in these reports remains, unless otherwise stated, the copyright of Bajaj Financial Securities Limited. All layout, design, original artwork, concepts and other Intellectual Properties, remains the property and copyright of Bajaj Financial Securities Limited and may not be used in any form or for any purpose whatsoever by any party without the express written permission of the copyright holders.  

We offer our research services to clients as well as our prospects. Though this report is disseminated to all the customers simultaneously, not all customers may receive this report at the same time. We will not treat recipients as customers by virtue of their receiving this report.  

Bajaj Financial Securities Limited and its associates, officer, directors, and employees, research analyst (including relatives) worldwide 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) 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. Bajaj Financial Securities Limited 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 Bajaj Financial Securities Limited.  

Bajaj Financial Securities Limited or its associates may have received compensation from the subject company in the past 12 months. Bajaj Financial Securities Limited or its associates may have managed or co-managed public offering of securities for the subject company in the past 12 months. Bajaj Financial Securities Limited 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. Bajaj Financial Securities Limited 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. Bajaj Financial Securities Limited 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 Bajaj Financial Securities Limited’s associates may have financial interest in the subject company. Bajaj Financial Securities Limited, 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.  

Research analyst has served as an officer, director or employee of subject Company: No  

Bajaj Financial Securities Limited has financial interest in the subject companies: No  

Bajaj Financial Securities Limited’s Associates may have actual/beneficial ownership of 1% or more securities of the subject company at the end of the month immediately preceding the date of publication of research report.  

Research analyst or his/her relative has actual/beneficial ownership of 1% or more securities of the subject company at the end of the month immediately preceding the date of publication of research report: No  

Bajaj Financial Securities Limited has actual/beneficial ownership of 1% or more securities of the subject company at the end of the month immediately preceding the date of publication of research report: No  

Subject company may have been client during twelve months preceding the date of distribution of the research report.  

There were no instances of non-compliance by Bajaj Financial Securities Limited on any matter related to the capital markets, resulting in significant and material disciplinary action during the last three years. A graph of daily closing prices of the securities is also available at NSE

ANALYST CERTIFICATION

The analyst for this report certifies that all of the views expressed in this report accurately reflect his or her personal views about the subject company or companies and its or their securities, and no part of his or her compensation was, is or will be, directly or indirectly related to specific recommendations or views expressed in this report.  

RISK DISCLOSURE ON DERIVATIVES

  • 9 out of 10 individual traders in equity Futures and Options Segment, incurred net losses.
  • On an average, loss makers registered net trading loss close to ₹ 50,000.
  • Over and above the net trading losses incurred, loss makers expended an additional 28% of net trading losses as transaction costs.
  • Those making net trading profits, incurred between 15% to 50% of such profits as transaction cost.

SEBI study dated January 25, 2023 on “Analysis of Profit and Loss of Individual Traders dealing in equity Futures and Options (F&O) Segment”, wherein Aggregate Level findings are based on annual Profit/Loss incurred by individual traders in equity F&O during FY 2021-22.

BROKERAGE DISCLAIMER

All leveraged intraday positions will be squared off on the same day. There is no restriction on the withdrawal of the unutilised margin amount. Brokerage will not exceed the SEBI prescribed limit. Visit : Pricing

MTF 

As subject to the provisions of SEBI Circular CIR/MRD/DP/54/2017 dated June 13, 2017, and the terms and conditions mentioned in the lights and obligations statement issued by the TM (if applicable).  

US INVESTING

International investment is not supervised by any regulatory body in India. Thus, any claim or dispute relating to such investment or enforcement of any agreement/contract /claim will not be under laws and regulations of the recognized stock exchanges and investor protection under Indian Securities Law. The account opening process will be carried out on Vested platform and Bajaj Financial Securities Limited will not have any role in it.  

IPO 

This should not be construed as soliciting investment. Investors’ discretion is required. Kindly consult your financial expert before investing. No need to issue cheques by investors while subscribing to IPO. Investments in securities markets are subject to market risks, read all the related documents carefully before investing.  

SCREENERS 

Screeners is not Exchange-approved products and any disputes related to the same will not be dealt on the Exchange platform. 

SECURITIES 

Securities quoted are exemplary and not recommendatory. 

IPV 

Account would be open after all procedure relating to IPV and client due diligence is completed. 

IMAGES 

The images used are only for representation purpose. Proper due diligence has been done for the images and the image is not of any artist. The same is captured from royalty free sites.

THIRD PARTY PRODUCT DISCLAIMER

Bajaj Financial Securities Limited is a distributor for Non-Broking Products/Services such as Mutual Funds, Mutual Funds SIP, IPO, Bonds, Insurance, PMS, Global Investing, any other third-party products/services. These are not Exchange Traded Products, and we are only acting as distributors. All disputes with respect to the distribution activity, would not have access to SCORES/ODR, Exchange investor redressal forum or Arbitration mechanism. Please refer to the detailed disclaimer for Third-Party Products.

DISCLOSURE TO CLIENTS REGARDING PAYOUT OF FUNDS

As per SEBI circular no. SEBI/HO/MIRSD/MIRSD-PoD-1/P/CIR/2023/84 dated June 08, 2023, Stockbrokers are required to upstream the entire client funds lying with them to the Clearing Corporation. Based on client’s request the funds’ release request must be placed with the Clearing Corporation. Based on the internal process and cut-off timelines of the Clearing Corporation the funds will be released to the Stock Broker. In view of this new process, as specified by the regulatory and the cut-off time of Clearing Corporation/Banks processing the funds, Bajaj Financial Securities Limited cannot commit the exact time for releasing funds payout to its client. Clients are requested to note that, Bajaj Financial Securities Limited will not be responsible for any inconvenience caused to clients due to delay in release of funds payout, including fines, delayed charges, defaults, etc.