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K&A Securities / Commodities Pvt Limited (K&A) Research is aimed to service the clients of K&A. This document has been prepared by K&A. Affiliates of K&A may have issued other reports that are contrary with and reach different conclusion from the information presented in this report. The views and opinions expressed in this document may, may not match, or may be contrary with the views, estimates, rating and target price of the other affiliates of K&A.
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Opinions expressed are our current opinions as of the date appearing on this material only. We do not undertake to advise you as to any change of our views expressed in this document. While we would endeavor to update the information herein on a reasonable basis, K&A, its subsidiaries and associated companies, their directors and employees are under no obligation to update or keep the information current. Also there ay be regulatory, compliance, or other reasons that may prevent K&A and affiliates from doing so. Prospective investors and others are cautioned that any forward-looking statements are not predictions and may be subject to change without notice. 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 K&A and affiliates to any registration or licensing requirement within such jurisdiction. The investments described herein may or may not be eligible /permitted in all jurisdictions or to certain category of investors. Persons in whose possession this document may come are required to inform them of and to observe such restriction.
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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 commodities / contracts, 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. Analyst’s holding in the commodities/ contracts mentioned in the report: NIL
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