Focus Recommendations - Investment Year 2021-22

Recommendations

All the Disclosures & Disclaimers apply to these recommendations.

	COMPANY NAME	NSE SYMBOL	BSE CODE	BUY RECOMMENDATION DATE	BUY DATE CLOSE	SELL RECOMMENDATION DATE	SELL DATE CLOSE	OWNERSHIP ON BUY DATE	OWNERSHIP ON SELL DATE
1	Bajaj Finance Ltd	BAJFINANCE	500034	30-April-2021	5,451.90	31-May2022	6,082.15	Ownership (Self & Family) : NIL	Ownership (Self & Family) : YES
2	Alkem Laboratories Ltd	ALKEM	539523	31-May-2021	2,989.20	31-May2022	3,149.05	Ownership (Self & Family) : NIL	Ownership (Self & Family) : NIL
3	Chambal Fertilisers and Chemicals Ltd	CHAMBLFERT	500085	31-May-2021	287.60	31-May2022	363.40	Ownership (Self & Family) : NIL	Ownership (Self & Family) : YES
4	IPCA Laboratories Ltd	IPCALAB	524494	31-May-2021	1,035.30	31-May2022	902.60	Ownership (Self & Family) : YES	Ownership (Self & Family) : YES
5	PI Industries Ltd	PIIND	523642	31-May-2021	2,614.95	31-May2022	2,758.35	Ownership (Self & Family) : YES	Ownership (Self & Family) : YES
6	SRF Ltd	SRF	503806	31-May-2021	1,302.63	31-May2022	2,464.05	Ownership (Self & Family) : NIL	Ownership (Self & Family) : YES
7	Shree Cement Ltd	SHREECEM	500387	31-May-2021	27,578.00	31-May2022	22,116.30	Ownership (Self & Family) : NIL	Ownership (Self & Family) : YES
8	UltraTech Cement Ltd	ULTRACEMCO	532538	31-May-2021	6,708.00	31-May2022	6,082.60	Ownership (Self & Family) : NIL	Ownership (Self & Family) : YES
9	Muthoot Finance Ltd	MUTHOOTFIN	533398	30-Jun-2021	1,481.65	31-May2022	1,143.10	Ownership (Self & Family) : YES	Ownership (Self & Family) : YES

Disclosure	Bajaj Finance Ltd	Alkem Laboratories Ltd	Chambal Fertilisers & Chemicals Limited	IPCA Laboratories Ltd	P I Industries Ltd	SRF Limited	Shree Cement Limited	UltraTech Cement Ltd	Muthoot Finance Ltd.
Whether the research analyst or research entity or his associate or his relative has any financial interest in the subject company and the nature of such financial interest;	NO	NO	NO	YES	YES	NO	YES	NO	YES
Whether the research analyst or research entity or its associates or relatives, have actual/beneficial ownership of one per cent. or more ecurities of the subject company, at the end of the month immediately preceding the date of publication of the research report or date of the public appearance;	NO	NO	NO	NO	NO	NO	NO	NO	NO
Whether the research analyst or research entity or his associate or his relative, has any other material conflict of interest at the time of publication of the research report or at the time of public appearance;	NO	NO	NO	NO	NO	NO	NO	NO	NO
Whether it or its associates have received any compensation from the subject company in the past twelve months;	NO	NO	NO	NO	NO	NO	NO	NO	NO
Whether it or its associates have managed or co-managed public offering of securities for the subject company in the past twelve months;	NO	NO	NO	NO	NO	NO	NO	NO	NO
Whether it or its associates have received any compensation for investment banking or merchant banking or brokerage services from the subject company in the past twelve months;	NO	NO	NO	NO	NO	NO	NO	NO	NO
Whether it or its associates 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 twelve months;	NO	NO	NO	NO	NO	NO	NO	NO	NO
Whether it or its associates have received any compensation or other benefits from the subject company or third party in connection with the research report.	NO	NO	NO	NO	NO	NO	NO	NO	NO
Whether it or its associates have received any compensation from the subject company in the past twelve months;	NO	NO	NO	NO	NO	NO	NO	NO	NO
Whether the subject company is or was a client during twelve months preceding the date of distribution of the research report and the types of services provided:	NO	NO	NO	NO	NO	NO	NO	NO	NO
Whether the research analyst has served as an officer, director or employee of the subject company;	NO	NO	NO	NO	NO	NO	NO	NO	NO
Whether the research analyst or research entity has been engaged in market making activity for the subject company;	NO	NO	NO	NO	NO	NO	NO	NO	NO

Disclosure

Bajaj Finance Ltd

Alkem Laboratories Ltd

Chambal Fertilisers & Chemicals Limited

IPCA Laboratories Ltd

P I Industries Ltd

SRF Limited

Shree Cement Limited

UltraTech Cement Ltd

Muthoot Finance Ltd.

Whether the research analyst or research entity or his associate or his relative has any financial interest in the subject company and the nature of such financial interest;

YES

Whether the research analyst or research entity or its associates or relatives, have actual/beneficial ownership of one per cent. or more ecurities of the subject company, at the end of the month immediately preceding the date of publication of the research report or date of the public appearance;

Whether the research analyst or research entity or his associate or his relative, has any other material conflict of interest at the time of publication of the research report or at the time of public appearance;

Whether it or its associates have received any compensation from the subject company in the past twelve months;

Whether it or its associates have managed or co-managed public offering of securities for the subject company in the past twelve months;

Whether it or its associates have received any compensation for investment banking or merchant banking or brokerage services from the subject company in the past twelve months;

Whether it or its associates 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 twelve months;

Whether it or its associates have received any compensation or other benefits from the subject company or third party in connection with the research report.

Whether it or its associates have received any compensation from the subject company in the past twelve months;

Whether the subject company is or was a client during twelve months preceding the date of distribution of the research report and the types of services provided:

Whether the research analyst has served as an officer, director or employee of the subject company;

Whether the research analyst or research entity has been engaged in market making activity for the subject company;

Disclosure	Bajaj Finance Ltd	Alkem Laboratories Ltd	Chambal Fertilisers & Chemicals Limited	IPCA Laboratories Ltd	P I Industries Ltd	SRF Limited	Shree Cement Limited	UltraTech Cement Ltd	Muthoot Finance Ltd.
Whether the research analyst or research entity or his associate or his relative has any financial interest in the subject company and the nature of such financial interest;	NO	NO	NO	YES	YES	NO	YES	NO	YES
Whether the research analyst or research entity or its associates or relatives, have actual/beneficial ownership of one per cent. or more ecurities of the subject company, at the end of the month immediately preceding the date of publication of the research report or date of the public appearance;	NO	NO	NO	NO	NO	NO	NO	NO	NO
Whether the research analyst or research entity or his associate or his relative, has any other material conflict of interest at the time of publication of the research report or at the time of public appearance;	NO	NO	NO	NO	NO	NO	NO	NO	NO
Whether it or its associates have received any compensation from the subject company in the past twelve months;	NO	NO	NO	NO	NO	NO	NO	NO	NO
Whether it or its associates have managed or co-managed public offering of securities for the subject company in the past twelve months;	NO	NO	NO	NO	NO	NO	NO	NO	NO
Whether it or its associates have received any compensation for investment banking or merchant banking or brokerage services from the subject company in the past twelve months;	NO	NO	NO	NO	NO	NO	NO	NO	NO
Whether it or its associates 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 twelve months;	NO	NO	NO	NO	NO	NO	NO	NO	NO
Whether it or its associates have received any compensation or other benefits from the subject company or third party in connection with the research report.	NO	NO	NO	NO	NO	NO	NO	NO	NO
Whether it or its associates have received any compensation from the subject company in the past twelve months;	NO	NO	NO	NO	NO	NO	NO	NO	NO
Whether the subject company is or was a client during twelve months preceding the date of distribution of the research report and the types of services provided:	NO	NO	NO	NO	NO	NO	NO	NO	NO
Whether the research analyst has served as an officer, director or employee of the subject company;	NO	NO	NO	NO	NO	NO	NO	NO	NO
Whether the research analyst or research entity has been engaged in market making activity for the subject company;	NO	NO	NO	NO	NO	NO	NO	NO	NO