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Disclosures

  • All the research reports and recommendations published are researched and prepared by Chitra Madhwani, an Individual Research Analyst (SEBI Reg. – INH000016162).
  • Chitra Madhwani is registered with SEBI solely as a Research Analyst and does not engage in activities such as Brokerage, Portfolio Management Services, Merchant Banking, etc., that could create conflicts of interest. 
  • All the recommendations are made under the newsletter namely Wealth Farming and Tiny seeds.
  • Chitra Madhwani is engaged in and limited to publishing research reports and articles, preparing educational content.
  • Chitra Madhwani has well-established written internal policies and procedures to govern the dealing and trading by research analysts for conflict of interest, promoting objective and reliable equity research activities.
  • Chitra Madhwani strictly adheres to all the rules and regulations established by SEBI with regard to trading in the recommended securities. 
  • Chitra Madhwani does not undertake the distribution of third-party research reports. She does not undertake any company’s market-making activity.
  • No disciplinary action has been taken against Chitra Madhwani by any of the regulatory authorities.

Scope and limitations of research:

  • Research reports are prepared only for the companies already listed on stock exchanges. No research reports are prepared, or public appearances are made for the companies coming out with initial public offering (IPO) or further public offering (FPO).  
  • Research is performed based on publicly available published information on respective company websites, stock exchange websites, company presentations/call transcripts, and internal analysis.
  • Financial projections are based on the order book/undergoing expansion plans/management guidance/currency movement/own judgment/raw material price movements, industry developments etc.
  • The share price projections are based on the valuation method discussed in the research report.
  • The stock market movements also affect the share price; the external macro and micro factors have a crucial role to play; hence, the target price may or may not be achieved in the indicated period.
  • Every recommendation and research report includes a ‘Stop Loss’ feature, which proves valuable in minimizing losses in the event of an abrupt decline in stock prices in relation to stock indices.
  • The risk level (High / Average / Low) stated in recommendations and research reports is based on broad indices such as the BSE Sensitive Index and NSE Nifty-50 index.
  • Details regarding financial interests and any potential conflicts of interest are disclosed in the corresponding company research reports or related documents.
  • The research publication does not serve as advice to buy or sell stocks. It is recommended that investors seek assistance from a financial professional before making any investment decisions.