Raghunandan Money – Investment Khushiyon Ka.

Research Disclaimer & Disclosure

Raghunandan Money had outsourced research from CFR & Advisory whose proprietor MrPronod Kumar Bharatiya (Email ID :research.cfra01@gmail.com) is a SEBI registered Research Analyst with registration number INH100000486.

Raghunandan Money, 26/257 B , Near Ashish Palace, Sultan Ganj , Agra – 282004, Tel : 91+562+4266600, Fax : 91+562+2526550, Email: askus@rmoneyindia.com.


I, Pronod Kumar Bharatiya is the owner/proprietor of Centre for Financial Research and Advisory (CFR & Advisory, henceforth), having its registered office at 26/257B, Sultanganj, Near Ashish Place, Agra – 282004 and is a registered Research Analyst with SEBI Regn No. : INH100000486and is regulated by Securities and Exchange Board of India, authors and the names subscribed to thereport(s) & call(s), hereby certify that all of the views expressed in the research report(s) & call(s) accurately reflect our views about the subject issuer(s) or securities. I also certify that no part of our compensation was, is, or will be directly or indirectly related to the specific recommendation(s) or view(s) in thereport(s) & call(s).

Research Analyst or his/her relative or Raghunandan Money or its associates, does not have any financial interest in the subject company. Also Research Analyst or his relative or Raghunandan Money or its Associate do not have beneficial ownership of 1% or more in the subject company at the end of the month immediately preceding the date of publication of the Research report(s) & call(s). Further Research Analyst or his relative or Raghunandan Money or its associates, does not have any material conflict of interest.

Any holding in stock – No


Thereport(s) & call(s) has been prepared by CFR & Advisory for and on behalf of Raghunandan Money and is meant for sole use by the recipient and not for circulation. The information and opinions contained herein have been compiled or arrived at, based upon information obtained in good faith from sources believed to be reliable. Such information has not been independently verified and no guaranty, representation of warranty, express or implied, is made as to its accuracy, completeness or correctness. All such information and opinions are subject to change without notice.

This document is for information purposes only. Descriptions of any company or companies or their securities mentioned herein are not intended to be complete and this document is not, and should not be construed as an offer or solicitation of an offer, to buy or sell any securities or other financial instruments.

Thereport(s) & call(s)are not directed to, or intended for display, downloading, printing, reproducing or for distribution to or use by, any person or entity who is a citizen or resident or located in any locality, state, country or other jurisdiction where such distribution, publication, reproduction, availability or use would be contrary to law or regulation or what would subject CFR & Advisory, Raghunandan Money or its affiliates to any registration or licensing requirement within such jurisdiction.

CFR & Advisory, Raghunandan Money and its affiliated company(ies), their directors and employees may;

(a) from time to time, have a long or short position in, and buy or sell the securities of the 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 company(ies) discussed herein or act as an advisor or lender/borrower to such company(ies) or may have any other potential conflict of interests with respect to any recommendation and other related information and opinions.

CFR & Advisory, Raghunandan Money, its directors, analysts or employees do not take any responsibility, financial or otherwise, of the losses or the damages sustained due to the investments made or any action taken on basis of thereport(s) & call(s), including but not restricted to, fluctuation in the prices of shares and bonds, changes in the currency rates, diminution in the NAVs, reduction in the dividend or income, etc.

CFR & Advisory, Raghunandan Money, its other group companies, its directors, associates, employees may have various positions in any of the stocks, securities and financial instruments dealt in the report(s) & call(s), or may make sell or purchase or other deals in these securities from time to time or may deal in other securities of the companies / organizations described in thereport(s) & call(s)

CFR & Advisory, Raghunandan Money, its other group companies, its directors, associates, employees did not receive any compensation or other benefits from the companies mentioned in the report(s) & call(s) or third party in connection with preparation of the research report(s) & call(s). Accordingly, neither CFR & Advisory, Raghunandan Money, its other group companies, its directors, associates, employees have any material conflict of interest at the time of publication of thereport(s) & call(s). Compensation of our Research Analysts is not based on any specific merchant banking, investment banking or brokerage service transactions.

There are risks associated with utilizing internet and short messaging system (sms) based information and research dissemination services. Subscribers are advised to understand that the services can fail due to failure of hardware, software, and Internet connection. While we ensure that the messages are delivered in time to the subscribers Mobile Network, the delivery of these messages to the customer’s mobile phone/handset is the responsibility of the customer’s Mobile Network. SMS may be delayed and/or not delivered to the customer’s mobile phone/handset on certain days, owing to technical reasons that can only be addressed by the customer’s Mobile Network, CFR & Advisory, Raghunandan Money,and group companies associated with it and/or its employees cannot be held responsible for the same.

CFR & Advisory, Raghunandan Money and its associate companies accept no responsibility for the content or accuracy of such content on its group website rmoneyindia.com nor does it make any representations by virtue of the contents of this said website. CFR & Advisory, Raghunandan Money and its group companiesmakes no warranty that the contents of the website are free from infection by viruses or anything else which has contaminating or destructive properties and shall have no liability in respect thereof.

This website may contain articles contributed by several individuals. The views are exclusively their own and do not necessarily represent the views of the website or its management. The linked sites are not under our control and we are not responsible for the contents of any linked site or any link contained in a linked site, or any changes or updates to such sites. rmoneyindia.com is providing these links to you only as a convenience, and the inclusion of any link does not imply endorsement by us of the site.

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