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USHANTI COLOUR CHEM LTD Share Price Update

As of the latest trading session, USHANTI COLOUR CHEM LTD is trading at ₹155.75, up by ₹2.75 or 1.79% from its previous close. The stock has moved between ₹155.75 and ₹155.75 today. Over the past year, the stock has delivered a return of 204.79%. In the last month, it has returned 40.18%.

USHANTI COLOUR CHEM LTD performance

Today’s low Today’s high
₹ 155.75 ₹ 155.75
₹ 155.75
52 week low 52 week high
₹ 38.00 ₹ 155.75
₹ 155.75
Open Price ₹ 155.75
Prev. Close ₹ 153.00
Volume (Shares) 2000.00
Total traded value ₹ 3.11
Upper Circuit ₹ 156.05
Lower Circuit ₹ 149.95
info

Investment Returns

Over 1 Month 40.18% Over 3 Months 113.50% Over 6 Months 234.22% Over 1 Year 204.79%
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USHANTI COLOUR CHEM LTD fundamentals


  • Market cap (Cr) 190.50
  • P/E Ratio (TTM) 37.90
  • Beta -0.09
  • Book Value / share 61.51
  • Return on equity 2.69%
  • EPS (TTM) 4.11
  • Dividend yield 0.00%
  • Net profit/quarter (Cr) 1.83
info icon alternate text
  • Market cap (Cr) [-]
  • P/E Ratio (TTM) [-]
  • Beta [-]
  • Book Value / share [-]
  • Return on equity [-]%
  • EPS (TTM) [-]
  • Dividend yield 0.00%
  • Net profit/quarter (Cr) [-]
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USHANTI COLOUR CHEM LTD Financials

  • Key Results
  • Key Ratios
  • Balance sheet
  • Cash Flow
  • Competition
info-icon
Revenue
Net income
Particulars DEC 2017 (Values in Cr)
Revenue 27.25
Operating Expense 24.83
Net Profit 1.83
Net Profit Margin (%) 6.71
Earnings Per Share (EPS) 3.40
EBITDA 4.16
Effective Tax Rate (%) 29.41
Particulars MAR 2026 (Values in Cr)
Revenue 123.70
Operating Expense 122.10
Net Profit 5.03
Net Profit Margin (%) 4.06
Earnings Per Share (EPS) 4.43
EBITDA 8.43
Effective Tax Rate (%) 25.14
Particulars MAR 2025 (Values in Cr)
Revenue 48.61
Operating Expense 49.99
Net Profit 1.81
Net Profit Margin (%) 3.72
Earnings Per Share (EPS) 1.67
EBITDA 4.66
Effective Tax Rate (%) 4.21
Particulars MAR 2024 (Values in Cr)
Revenue 42.59
Operating Expense 43.40
Net Profit 1.34
Net Profit Margin (%) 3.14
Earnings Per Share (EPS) 1.28
EBITDA 3.99
Effective Tax Rate (%) 28.34
Particulars MAR 2023 (Values in Cr)
Revenue 42.68
Operating Expense 44.80
Net Profit 1.80
Net Profit Margin (%) 4.21
Earnings Per Share (EPS) 2.18
EBITDA 3.96
Effective Tax Rate (%) -4.04
Particulars MAR 2022 (Values in Cr)
Revenue 47.75
Operating Expense 46.33
Net Profit 1.48
Net Profit Margin (%) 3.09
Earnings Per Share (EPS) 2.02
EBITDA 4.32
Effective Tax Rate (%) 26.13
Particulars MAR 2025 (Values in Cr)
Book Value / Share 39.60
ROE % -15.79
ROCE % -0.91
Total Debt to Total Equity 1.22
EBITDA Margin 4.05
Particulars MAR 2024 (Values in Cr)
Book Value / Share 41.41
ROE % -10.49
ROCE % -0.08
Total Debt to Total Equity 1.01
EBITDA Margin 6.05
Particulars MAR 2023 (Values in Cr)
Book Value / Share 45.25
ROE % -3.86
ROCE % -1.50
Total Debt to Total Equity 0.72
EBITDA Margin 1.50
Particulars MAR 2022 (Values in Cr)
Book Value / Share 38.97
ROE % 3.83
ROCE % 5.59
Total Debt to Total Equity 0.50
EBITDA Margin 8.67
Particulars MAR 2021 (Values in Cr)
Book Value / Share 37.38
ROE % 9.24
ROCE % 10.25
Total Debt to Total Equity 0.46
EBITDA Margin 15.14
Particulars MAR 2024 (Values in Cr)
Book Value / Share 48.49
ROE % 2.69
ROCE % 4.54
Total Debt to Total Equity 0.10
EBITDA Margin 9.46
Particulars MAR 2023 (Values in Cr)
Book Value / Share 46.35
ROE % -1.76
ROCE % -0.35
Total Debt to Total Equity 0.13
EBITDA Margin 3.54
Particulars MAR 2022 (Values in Cr)
Book Value / Share 39.41
ROE % 4.90
ROCE % 7.10
Total Debt to Total Equity 0.28
EBITDA Margin 9.15
Particulars MAR 2021 (Values in Cr)
Book Value / Share 37.39
ROE % 9.32
ROCE % 10.71
Total Debt to Total Equity 0.41
EBITDA Margin 15.19
Particulars MAR 2020 (Values in Cr)
Book Value / Share 34.02
ROE % 9.97
ROCE % 11.83
Total Debt to Total Equity 0.44
EBITDA Margin 12.25
Particulars MAR 2025 (Values in Cr)
Cash & Short Term Investments 0.51
Total Assets 119.27
Total Liabilities 119.27
Total Equity 39.90
Share Outstanding 1
Price to Book Ratio 0.00
Return on Assets (%) -2.21
Return on Capital (%) -2.73
Particulars MAR 2024 (Values in Cr)
Cash & Short Term Investments 0.05
Total Assets 109.28
Total Liabilities 109.28
Total Equity 44.09
Share Outstanding 1
Price to Book Ratio 1.18
Return on Assets (%) -2.37
Return on Capital (%) -2.71
Particulars MAR 2023 (Values in Cr)
Cash & Short Term Investments 0.96
Total Assets 100.21
Total Liabilities 100.21
Total Equity 46.60
Share Outstanding 1
Price to Book Ratio 1.46
Return on Assets (%) 0.97
Return on Capital (%) 1.13
Particulars MAR 2022 (Values in Cr)
Cash & Short Term Investments 0.23
Total Assets 60.38
Total Liabilities 60.38
Total Equity 32.74
Share Outstanding 0
Price to Book Ratio 1.42
Return on Assets (%) 1.92
Return on Capital (%) 2.36
Particulars MAR 2021 (Values in Cr)
Cash & Short Term Investments 4.43
Total Assets 45.91
Total Liabilities 45.91
Total Equity 27.29
Share Outstanding 0
Price to Book Ratio 0.96
Return on Assets (%) 5.25
Return on Capital (%) 5.95
Particulars MAR 2024 (Values in Cr)
Cash & Short Term Investments 0.01
Total Assets 64.13
Total Liabilities 64.13
Total Equity 51.89
Share Outstanding 1
Price to Book Ratio 1.18
Return on Assets (%) 2.09
Return on Capital (%) 2.33
Particulars MAR 2023 (Values in Cr)
Cash & Short Term Investments 0.22
Total Assets 59.60
Total Liabilities 59.60
Total Equity 47.75
Share Outstanding 1
Price to Book Ratio 1.46
Return on Assets (%) 3.01
Return on Capital (%) 3.48
Particulars MAR 2022 (Values in Cr)
Cash & Short Term Investments 0.06
Total Assets 49.53
Total Liabilities 49.53
Total Equity 33.07
Share Outstanding 0
Price to Book Ratio 1.42
Return on Assets (%) 2.97
Return on Capital (%) 3.71
Particulars MAR 2021 (Values in Cr)
Cash & Short Term Investments 4.27
Total Assets 43.07
Total Liabilities 43.07
Total Equity 27.30
Share Outstanding 0
Price to Book Ratio 0.96
Return on Assets (%) 5.63
Return on Capital (%) 6.43
Particulars MAR 2020 (Values in Cr)
Cash & Short Term Investments 3.12
Total Assets 40.46
Total Liabilities 40.46
Total Equity 24.87
Share Outstanding 0
Price to Book Ratio 0.70
Return on Assets (%) 5.86
Return on Capital (%) 6.76
Particulars MAR 2025 (Values in Cr)
Net Income -6.15
Cash from Operations 5.71
Cash from Investing -7.34
Cash from Financing 2.72
Net change in Cash 0.45
Free Cash Flow 8.96
Particulars MAR 2024 (Values in Cr)
Net Income -3.10
Cash from Operations -4.17
Cash from Investing -8.98
Cash from Financing 12.79
Net change in Cash -0.91
Free Cash Flow 5.40
Particulars MAR 2023 (Values in Cr)
Net Income 0.91
Cash from Operations 4.78
Cash from Investing -40.31
Cash from Financing 36.25
Net change in Cash 0.73
Free Cash Flow 34.35
Particulars MAR 2022 (Values in Cr)
Net Income 1.67
Cash from Operations 3.38
Cash from Investing -9.69
Cash from Financing 6.85
Net change in Cash 0.02
Free Cash Flow 13.43
Particulars MAR 2021 (Values in Cr)
Net Income 3.31
Cash from Operations 2.25
Cash from Investing -3.14
Cash from Financing 1.77
Net change in Cash 0.03
Free Cash Flow 5.79
Particulars MAR 2024 (Values in Cr)
Net Income 1.87
Cash from Operations -0.79
Cash from Investing -2.91
Cash from Financing 4.04
Net change in Cash -0.20
Free Cash Flow 0.10
Particulars MAR 2023 (Values in Cr)
Net Income 1.73
Cash from Operations 1.71
Cash from Investing -11.00
Cash from Financing 9.45
Net change in Cash 0.15
Free Cash Flow 3.01
Particulars MAR 2022 (Values in Cr)
Net Income 1.99
Cash from Operations 2.21
Cash from Investing -1.45
Cash from Financing -0.22
Net change in Cash 0.01
Free Cash Flow 4.02
Particulars MAR 2021 (Values in Cr)
Net Income 3.32
Cash from Operations 4.42
Cash from Investing -2.63
Cash from Financing -0.91
Net change in Cash 0.00
Free Cash Flow 6.31
Particulars MAR 2020 (Values in Cr)
Net Income 3.21
Cash from Operations 1.49
Cash from Investing -0.25
Cash from Financing -0.17
Net change in Cash 0.01
Free Cash Flow 2.09
Company Name Price P/E P/B Market Cap 52 Week Low 52 Week High
ATUL LTD. 7024.90 30.51 3.32 20682.54 5563.00 7793.00
BASF INDIA LTD 3487.65 36.27 3.81 15096.52 2906.90 5399.90
ORIENTAL AROMATICS LTD 309.50 315.82 1.56 1041.58 227.05 430.00
DEEPAK FERTILISERS & PETROCHEM 1474.00 21.26 2.85 18607.46 865.45 1776.95
Company Name Price P/E P/B Market Cap 52 Week Low 52 Week High
ADVANCE PETROCHEMICALS LTD. 305.45 0.00 7.39 27.49 97.60 320.75
ATUL LTD. 7024.90 34.76 3.41 20682.54 5563.00 7793.00
BASF INDIA LTD 3487.65 36.21 3.79 15096.52 2906.90 5399.90
ORIENTAL AROMATICS LTD 309.50 41.21 1.48 1041.58 227.05 430.00

USHANTI COLOUR CHEM LTD shareholding pattern

Holding
45.09%
54.9%
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USHANTI COLOUR CHEM LTD Technicals Summary

  • EMA & SMA
  • Resistance and Support
  • Delivery and Volume
  • Beta
  • Price Change Analysis
155.75 1.79 redarrow
red-green-graph indicator
0 Bearish
16 Bullish
  • 5 Days 150.50
  • 26 Days 128.60
  • 10 Days 144.80
  • 50 Days 110.80
  • 12 Days 142.60
  • 100 Days 91.20
  • 20 Days 134.30
  • 200 Days 77.30
151.67 PIVOT
First Support 150.33 First Resistance 154.33 Second Support 147.67 Second Resistance 155.67 Third Support 146.33 Third Resistance 158.33
RSI 97.07 ADX 82.83 MACD 13.97 Williams % R 0.00 Commodity Channel Index (CCI) 140.50
Date 2026-05-22 Week 4000.00 Same Day 2000.00 Month 40190.00
1 Year -0.10 3 Year -0.02
Over 1 Month
40.18% down
Over 1 Year
204.79% down
Over 3 Months
113.50% down
Over 3 Years
32.14% down
Over 6 Months
234.22% down
Over 5 Years
35.77% down

USHANTI COLOUR CHEM LTD Corporate Actions

Dividend date Dividend amount Dividend type Record date Instrument type
31 Oct 2019 0.2 Interim 01 Nov 2019 Equity shares
Dividend date Dividend amount Dividend type Record date Instrument type
31 Oct 2019 0.2 Interim 01 Nov 2019 Equity shares

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USHANTI COLOUR CHEM LTD Share Price

Ushanti Colour Chem Limited was incorporated as a Private Limited Company with the name Ushanti Colour Chem Private Limited' in Gujarat on May 12, 1993. Consequently, it was converted into a Public Limited Company and the name of Company was changed to Ushanti Colour Chem Limited' on 7th March, 2018. The Company is engaged in the business of Manufacturing of Dyestuffs, Pigments and Intermediates. Its units located at Vatva, Ahmedabad operate the annual installed capacity of 2820 MT.

Apart from this, the Company also manufactures Copper Phthalocyanine, Blue Crude which are one of the major raw material used for manufacturing of Dyestuffs. The pigment and dyestuffs manufactured by the company caters to the raw material requirement of textile, garment, cotton, leather, nylon, paper, wool, ink, wood, plastic and paint industries. The Company concentrate in manufacturing 'Turquoise Blue' Dyestuffs and Pigments. The company has 3 manufacturing facilities situated together at Vatva GIDC in Gujarat. The facilities are spread over 2,739 sq. meters in total area. The company also has its own Ice generation machinery, further it recovers Ammonium Carbonate from its effluent stream which are reused in the plant as well as sold to the Soda Ash Industry reducing wastage giving them incremental revenue. The company is an ISO 9001:2015 certified company certifying the quality of the products.

The Company came up with a Public Issue of 19,26,000 Fresh Issue Equity Shares by raising money from public aggregating to Rs 11.56 Crore in July, 2018.

The Company commenced Alpha Blue Plant in 2018-19. The Company formed UC Colours and Intermediates Private Limited as wholly owned subsidiary of the Company and it became subsidiary effective from December 26, 2019.

During the year 2019-20, Company changed its object of the issue of Initial Public Offer (IPO) from 'To finance setting up of Dyestuff Pigment and Intermediates manufacturing facility at GIDC Saykha Industrial Estate, Bharuch' to 'To finance setting up of Dyestuff, Pigment, Chemical and Intermediates manufacturing facility in Gujarat either by UCL or by Special Purpose Vehicle.

Parent organization Indian Private
NSE symbol UCL
Founded 1993
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Board Of Directors

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Maunal Shantilal Gandhi Chairman & Joint M.D
Minku Shantilal Gandhi Joint Managing Director
Purvi Tapan Trivedi Independent Director
Tejas Pravinkumar Shah Independent Director
Harshaben Nishithbhai Mehta Independent Director
Vishakha Tanwar Company Sec. & Compli. Officer
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Frequently Asked Questions

What is the Current Share Price of Ushanti Colour Chem Ltd?

Answer Field

Ushanti Colour Chem Ltd share price is for NSE ₹ 155.75 & for BSE ₹ 0.00 as on May 22 2026 10:14 AM.

What is the Market Cap of Ushanti Colour Chem Ltd Share?

Answer Field

The market cap of Ushanti Colour Chem Ltd for NSE ₹ 0.00 & for BSE ₹ 0.00 as on May 22 2026 10:14 AM.

What is the 52 Week High and Low of Ushanti Colour Chem Ltd?

Answer Field

The 52 Week High and Low of Ushanti Colour Chem Ltd for NSE is ₹ 155.75 and ₹ 38.00 and for BSE is ₹ 0.00 and ₹ 0.00.

What is 1 year return for Ushanti Colour Chem Ltd?

Answer Field

The 1 year returns on the stock has been 204.79%.

What is the P/E Ratio of Ushanti Colour Chem Ltd Share?

Answer Field

As on May 22 2026 10:14 AM the price-to-earnings (PE) ratio for Ushanti Colour Chem Ltd share is 37.90.

What is the PB ratio of Ushanti Colour Chem Ltd Share?

Answer Field

As on May 22 2026 10:14 AM, the price-to-book (PB) ratio for Ushanti Colour Chem Ltd share is 61.51.

How to Buy Ushanti Colour Chem Ltd Share?

Answer Field

You can trade in Ushanti Colour Chem Ltd shares with Bajaj Broking by opening a demat account.

How to Buy Ushanti Colour Chem Ltd Share on Bajaj Broking App?

Answer Field

To buy Ushanti Colour Chem Ltd shares on the Bajaj Broking app, follow these steps:

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• Click on the Search Icon

• Search “Ushanti Colour Chem 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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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. 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. This research report has been prepared and distributed byBajaj Financial Securities Limited in the capacity of a Research Analyst as per Regulation 22(1) of SEBI (Research Analysts) Regulations 2014 having SEBI Registration No. INH000010043. 

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This e-mail/ short message service (SMS) may contain confidential, proprietary or legally privileged information. It should not be used by anyone who is not the original intended recipient. If you have erroneously received this message, please delete it immediately and notify the sender. The recipient acknowledges thatBajaj Financial Securities Limited or its holding and/or associated companies, as the case may be, are unable to exercise control or ensure or guarantee the integrity of/over the contents of the information contained in e-mail /SMS transmissions and further acknowledges that any views expressed in this message are those of the individual sender and no binding nature of the message shall be implied or assumed unless the sender does so expressly with due authority of Bajaj Financial Securities Limited. This message is not intended as an offer or publication or solicitation for distribution for subscription of or purchase or sale of any securities or financial instrument(s) to anyone in whose jurisdiction such subscription etc. requires prior local regulatory clearance or is contrary to the local laws of the land in any manner or as an official confirmation of any transaction. Before opening any attachments, please check them for viruses and defects. 

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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.