Research Disclaimer

All research ideas, reports, stock recommendations, model portfolios, Curated Baskets, trade signals, screeners and related analytical content made available on UrNex are produced and published by Invos Research & Technology (operating the platform InvosWealth.com), a Research Entity registered with the Securities and Exchange Board of India (SEBI) under Registration No. INH000016597. UrNex (Urja Investment Private Limited) acts solely as a distribution channel for such research and does not author, alter or independently validate the content.

The information, opinions, estimates, projections and recommendations contained in the research are provided for general informational purposes only and do not constitute investment advice, an offer, solicitation or recommendation to buy, sell or subscribe to any security, derivative, mutual fund unit or financial product. Recipients should consider their specific investment objectives, financial situation and risk tolerance, and consult their own financial, legal and tax advisers before acting on any information.

Investments in securities markets are subject to market risks. The value of investments and the income derived from them may fluctuate, and investors may not get back the amount originally invested. Past performance is not indicative of future results. Backtested or hypothetical performance is for illustration only and does not represent actual trading. Read all scheme- and product-related documents carefully before investing.

The directors, employees, research analysts, associates and group companies of Invos Research & Technology (InvosWealth.com) may or may not hold a position — long or short, directly or indirectly — in the securities, stocks, scrips, derivatives or instruments that are the subject of any research idea, report or recommendation published on UrNex. Such positions, where they exist, may have been initiated prior to, during, or after the publication of the relevant research and may be modified or closed at any time without notice. Neither Invos Research & Technology nor its personnel, nor Urja Investment Private Limited (UrNex), have received any compensation from the subject companies for the preparation of the research in the past twelve months, except as may be specifically disclosed within the relevant report.

The research is prepared on the basis of information believed to be reliable, taken from publicly available sources, exchange filings, company disclosures and proprietary models. While reasonable care has been taken in its preparation, neither Invos Research & Technology nor Urja Investment Private Limited warrants the accuracy, completeness, adequacy or timeliness of such information and expressly disclaims any liability for errors, omissions or for the results obtained from the use of such information.

In no event shall Invos Research & Technology, Urja Investment Private Limited, or their respective directors, officers, employees, analysts, agents or associates be liable for any direct, indirect, incidental, special, punitive or consequential losses, damages, costs or expenses arising out of or in connection with the use of, or reliance on, any research, recommendation, signal, basket, screener, alert or other content made available on UrNex.

Research-related queries or grievances may be addressed to Invos Research & Technology at the contact details published on InvosWealth.com. SEBI Research Analyst Registration: INH000016597. Registration granted by SEBI and certification from NISM in no way guarantee performance of the intermediary or provide any assurance of returns to investors.

Investment in securities market are subject to market risks. Read all the related documents carefully before investing.