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The app, Value Stocks is developed and owned by Dynamic Equities Pvt. Ltd. (Dynamic). Dynamic is a SEBI registered Investment Advisor (SEBI Reg. no. INA 300002022), Portfolio Manager (SEBI Reg. no INP000003468), Stock Broker (SEBI Reg. no INZ000193533).

Our content is intended to be used for informational purposes only. The views expressed herein constitute only the opinions and do not constitute any guidelines or recommendation on any course of action to be followed by the reader. You should take independent financial advice from a professional or independently research and verify, any information that you wish to rely upon, whether for the purpose of making an investment decision or otherwise.

No content on the app constitutes - or should be understood as constituting - as advice to enter in any securities transactions or to engage in any of the investment strategies presented in our app. We do not provide personalised recommendations or views as to whether a stock or investment approach is suited to the financial needs of a specific individual based on the risk profile of the client.

The factual / statistical, industry and market data and other information is obtained by Dynamic Equities Private Limited from independent, third-party sources that it deems to be reliable. However, Dynamic has not independently verified any of such data and there can be no assurance as to the accuracy of such data / information.

Dynamic or any of its directors, employees, affiliates or representatives shall not be liable for any direct, indirect, special, incidental, consequential, punitive or exemplary damages, including lost profits arising in any way from the information contained in the app.

The price and value of the investments referred to in our Reports and the income from them may go down as well as up and investors may realize losses on any investments. Past performance is not a guide for future performance.

We do not provide tax, legaland other advice to users. Access to and use of this information therein is at the user’s risk and the owner does not undertake any accountability for any irregularities, viruses or damage to any handheld device that results from accessing, availing or downloading of any information.

The use of the name of a financial analyst, identified as a "guru" represents the interpretation by Dynamic of that person's key investment analysis principles, as derived from published sources. The use of a guru's name does not mean that he personally endorses, or even agrees with any of the representations made with respect to specific securities as derived by Dynamic from its interpretation of his or her investment methodology. Market quotes and certain other information on this Site, as well as reference materials or links to other sites, have been carefully compiled from publicly available sources believed to be reliable and are for general informational purposes only. Accuracy or completeness of the information contained herein is not guaranteed and is not intended to be relied upon for transactional purposes. Neither Dynamic, its publishers, owners, investors, nor any of its data or content providers shall be liable for any errors or delays in the content, or for any actions, losses or damages, monetary or otherwise, taken in reliance of such information, judgments and opinions thereon.

Investments / Trading in stock market is always subject to market risk. You are advised to rely on your judgments while making investment / trading decision. There is no guarantee of profits or no exceptions from losses. Past performance is not an indicator of future returns.

Research Disclaimer and Disclosure inter-alia as required under Securities and Exchange Board of India (Research Analysts) Regulations,2014.

Dynamic is engaged in the business of Stock Broking (NSE, BSE), Depository Services (NSDL), Investment Advisory Services and Portfolio Management Services. We hereby declare that our activities were neither suspended nor we have defaulted with any stock exchange authority with whom we are registered. SEBI, Exchanges and Depositories have conducted the routine inspection and based on their observations have issued advise letters or levied minor penalty on for certain operational deviations. To the Best of knowledge and belief of Dynamic/ its Associates/ Research Analyst-

• Dynamic/it’s Associates/ Research Analyst/ his Relative does not have any financial interest in the subject companies.
• Dynamic/its Associates/ Research Analyst/ his Relative does not have actual/ beneficial ownership of one per cent or more securities of the subject companies.
• Dynamic/its Associates/ Research Analyst/ his Relative does not have any other material conflict of interest at the time of publication of the research or at the time of public appearance.
• Dynamic/its Associates/ Research Analyst/ his Relative have not received any compensation from the subject companies in the past twelve months.
• Dynamic/its Associates/ Research Analyst/ his Relative have not managed or co-managed public offering of securities for the subject companies in the past twelve months.
• Dynamic/its Associates/ Research Analyst/ his Relative have not received any compensation for investment banking or merchant banking or brokerage services or any from the subject companies in the past twelve months.
• Dynamic/its Associates/ Research Analyst/ his Relative have not received any compensation or other benefits from the subject companies or third party in connection with the research report.
• Dynamic/its Associates/ Research Analyst/ his Relative have not served as an officer, director or employee of the subject companies.
• Dynamic/its Associates/ Research Analyst/ his Relative have not been engaged in market making activity for the subject companies.

Further, the views provided herein are general in nature and does not consider risk appetite or investment objective of particular investor.

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The views expressed herein constitute only the opinions and do not constitute any recommendation on any course of action to be followed by the reader. You should take independent financial advice or independently verify any information that you wish to rely upon, whether for the purpose of making an investment decision or otherwise. We do not provide personalized recommendations suited to the financial needs of a specific individual based on his / her risk profile.

The factual / statistical data and other information is obtained by us from independent, third-party sources that it deems to be reliable. However, Dynamic has not independently verified any of such data and there can be no assurance as to the accuracy of such data / information.

Dynamic or any of its directors, employees, affiliates or representatives shall not be liable for any direct, indirect, incidental, consequential, damages, including lost profits, trading loss, arising in any way from the information / data contained in the app.

The views expressed herein constitute only the opinions and do not constitute any recommendation on any course of action to be followed by the reader. You should take independent financial advice or independently verify any information that you wish to rely upon, whether for the purpose of making an investment decision or otherwise. We do not provide personalized recommendations suited to the financial needs of a specific individual based on his / her risk profile.

The factual / statistical data and other information is obtained by us from independent, third-party sources that it deems to be reliable. However, Dynamic has not independently verified any of such data and there can be no assurance as to the accuracy of such data / information.

Dynamic or any of its directors, employees, affiliates or representatives shall not be liable for any direct, indirect, incidental, consequential, damages, including lost profits, trading loss, arising in any way from the information / data contained in the app.

The factual / statistical data and other information is obtained by us from independent, third-party sources that it deems to be reliable. However, we have not independently verified any of such data and there can be no assurance as to the accuracy of such data / information.

Dynamic or any of its directors, employees, affiliates or representatives shall not be liable for any direct, indirect, incidental, consequential, damages, including lost profits, trading loss, arising in any way from the information contained in the app.

The views expressed herein constitute only the opinions and do not constitute any recommendation on any course of action to be followed by the reader. You should take independent financial advice or independently verify any information that you wish to rely upon, whether for the purpose of making an investment decision or otherwise. We do not provide personalized recommendations suited to the financial needs of a specific individual based on his / her risk profile.

The factual / statistical data and other information is obtained by us from independent, third-party sources that it deems to be reliable. However, Dynamic has not independently verified any of such data and there can be no assurance as to the accuracy of such data / information.

Dynamic or any of its directors, employees, affiliates or representatives shall not be liable for any direct, indirect, incidental, consequential, damages, including lost profits, trading loss, arising in any way from the information / data contained in the app.