Focus Recommendations - Investment Year 2023-24

Recommendations

All the Disclosures & Disclaimers apply to these recommendations.

	COMPANY NAME	NSE SYMBOL	BSE CODE	MARKET CAP CLASS	RECOMMENDED BUY DATE	CLOSE PRICE ON BUY DATE	RECOMMENDED SELL DATE	CLOSE PRICE ON SELL DATE	BUY DATE DISCLAIMER	SELL DATE DISCLAIMER
1	Finolex Cables Ltd	FINCABLES	500144	LARGE & MID	31-May-2023	800.95	31-May-2024	1435.4		Ownership (Self/ Family) : NO
2	UNO Minda Ltd	UNOMINDA	532539	LARGE & MID	31-May-2023	555.70	31-May-2024	850.25		Ownership (Self/ Family) : NO
3	Cholamandalam Investment and Fin Co Ltd	CHOLAFIN	511243	LARGE & MID	31-May-2023	1,050.90	31-May-2024	1241.1		Ownership (Self/ Family) : YES
4	SRF Ltd	SRF	503806	LARGE & MID	31-May-2023	2,519.75	31-May-2024	2211.35	Ownership (Self/ Family) : YES	Ownership (Self/ Family) : YES
5	ITC Ltd	ITC	500875	LARGE & MID	31-May-2023	445.50	31-May-2024	426.45	Ownership (Self/ Family) : YES	Ownership (Self/ Family) : YES
6	Cummins India Ltd	CUMMINSIND	500480	LARGE & MID	31-May-2023	1,759.90	31-May-2024	3551.3		Ownership (Self/ Family) : YES

Disclosure	Finolex Cables Ltd	UNO Minda Ltd	Cholamandalam Investment and Fin Co Ltd	SRF Ltd	ITC Ltd	Cummins India 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
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
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
Whether it or its associates have received any compensation from the subject company in the past twelve months;	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
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
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
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
Whether it or its associates have received any compensation from the subject company in the past twelve months;	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
Whether the research analyst has served as an officer, director or employee of the subject company;	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

Disclosure

Finolex Cables Ltd

UNO Minda Ltd

Cholamandalam Investment and Fin Co Ltd

SRF Ltd

ITC Ltd

Cummins India 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	Finolex Cables Ltd	UNO Minda Ltd	Cholamandalam Investment and Fin Co Ltd	SRF Ltd	ITC Ltd	Cummins India 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	YES Ownership of shares	YES Ownership of shares	YES Ownership of shares	YES Ownership of shares
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
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
Whether it or its associates have received any compensation from the subject company in the past twelve months;	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
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
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
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
Whether it or its associates have received any compensation from the subject company in the past twelve months;	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
Whether the research analyst has served as an officer, director or employee of the subject company;	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