Research Analyst
Disclaimers and Disclosures
Disclaimers
1. Warning: “Investment in securities market are subject to market risks. Read all the related documents carefully before investing.”
2. Market Risks refer to partial or permanent loss on your investments in certain market conditions.
3. "The securities quoted are for illustration only and are not recommendatory."
4. “Registration granted by SEBI and certification from NISM in no way guarantees the performance of the intermediary or provides any assurance of returns to investors.”
5. “Past performance is not indicative of future results.”
6. Details provided in any social media platforms are for educational purposes and should not be construed as investment advice by Devendra Hajare. Investors should consult their investment advisor before making any investment decision.
7. All fee payments made by the client for investment advisory/research services provided by the investment adviser/research analyst shall necessarily be through SEBI specified mechanism for fee collection. Any payment made outside the specified mechanism shall not be considered as payment towards investment advisory/research services under SEBI (Investment Advisers) Regulations, 2013/SEBI (Research Analysts) Regulations,2014 and no grievances in this regard shall be entertained by SEBI recognized regulatory body or SEBI.”
This website/platform is provided for informational purposes only. By accessing or using this website/platform, you acknowledge and agree to the following:
1. No Investment Advice
The content on this website/platform does not constitute investment advice. It is not intended as an offer to sell or a solicitation to buy any financial instruments. You are solely responsible for making your investment decisions, and you should consult with a qualified financial advisor before making any investment.
2. Regulatory Compliance
We operate in accordance with SEBI Research Analyst, 2014 regulations and guidelines. Any information provided here is intended to be accurate and in compliance with SEBI requirements. However, we do not warrant or represent that the information provided on this website/platform is always up-to-date, accurate, or complete.
3. Risk Disclosure
Investing in financial markets involves risks. Past performance is not indicative of future results. You should carefully consider your risk tolerance and financial situation before making any investment.
4. No Liability
We do not accept any liability for any loss or damage, whether direct or indirect, that may result from reliance on or use of the information provided on this website/platform. We are not liable for any actions taken based on the content herein.
5. Third-Party Content
This website/platform may contain links to third-party websites or content. We do not endorse or control the content of these third-party websites and are not responsible for their accuracy, legality, or reliability.
6. Changes to Disclaimer
We reserve the right to modify or update this disclaimer at any time without notice. Your continued use of this website/platform constitutes your acceptance of any changes.
Disclosures of all material information:
1 Business Activity
Devendra Gajanan Hajare is engaged in the business of Research Analyst activities by providing Buy/Sell/Hold calls to their registered clients and Educational Services. Devendra Gajanan Hajare is registered as a Research Analyst under SEBI (Research Analyst) Regulations, 2014. SEBI Reg. No. INH000017523.
2 Disciplinary History
There has been no instance of any Disciplinary action, penalty, etc. levied/passed by any regulation/administrative agencies against Devendra Gajanan Hajare.
3 Terms & Conditions of issuance of Research Report
The Research report is issued to the registered clients. The Research Report is based on facts, figures, and information that are considered true, correct, and reliable. The information contained herein is from publicly available data or other sources believed to be reliable.
We have also reviewed the research report for any untrue statements of material facts or any false or misleading information. The report is prepared solely for informational purposes and does not constitute an offer document or solicitation to buy or sell or hold or subscribe for securities or other financial instruments for clients.
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Any action taken by you on the basis of the information contained herein is your responsibility alone and Devendra Gajanan Hajare will not be liable in any manner for the consequences of such action taken by you.
RISK Disclosures
1. Devendra Hajare, his employees, officers, and its affiliates are not responsible for any loss or damage that may arise to any person for any nonchalant error in the information represented in the research report.
2. Investors may lose his/her entire amount or Investments or portfolio under certain market conditions so acting on any advice or recommendations from research reports, Investors should understand their risk appetite or consult their financial advisers.
3. The research report does not take into account any specific investment objective, goal, or financial situation or any specific needs and objectives of any specific individual. The client obtaining the research report should act according to his/her own risk appetite and financial position and should also understand the risk involved in capital markets while making investments.
4. Technical analysis studies market price patterns and volume levels. It is used to forecast future price and market movements. The recommendations stated in this report are derived purely from technical analysis and it may not align with report focusing on a companys fundamentals.
5. Devendra Hajare has based this document on information obtained from sources it believes to be reliable but which it has not independently verified; Devendra Hajare makes no guarantee, representation or warranty and accepts no responsibility or liability as to its accuracy or completeness.
6. The opinions contained within the report are based upon publicly available information at the time of publication and are subject to change without notice. The information and any disclosures provided herein are in summary form and have been prepared for informational purposes The information and any disclosures provided herein may be considered confidential.
7. The information and any disclosures provided herein do not constitute a solicitation or offer to purchase or sell any security or other financial product or instrument.
8. The current performance may be unaudited. Past performance does not guarantee future returns. There can be no assurance that investments will achieve any targeted rates of return, and there is no guarantee against the loss of your entire investment.
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9. Trading options invols Very High Risk due to their volatile nature and may not be suitable for all types of Investors. Investors are adviced to fully understand the risks and costs associated with trading and investing. It is recommended to consult with an Investment Advisor before making any decisions based on individual risk appetite and profile. We are not liable for any financial or other losses incurred by clients.
Disclosures with regard to ownership and material conflicts of interest :
1. Research Analyst or his/her relative , its employees or its associates has any direct or indirect financial interest in the subject company -> NO
2. Research Analyst or his/her relative , its employees or its associates has any other material conflict of interest at the time of publication of the research report. -> NO
3. Research Analyst or his/her relative , its employees or its associates have actual ownership of one % or more securities of the subject company -> No
Disclosures with regard to receipt of compensation :
1 Research Analyst , its employees or its associates have received any compensation from the subject company in the past twelve months -> NO
2 Research Analyst , its employees or its associates have managed or co-managed public offering of securities for the subject in the past twelve months -> NO
3 Research Analyst , its employees or its associates have received any compensation or other benefits from the subject company or third party in connection with the research report -> NO
Other Disclosures :
1 Research Analyst , its employees or its associates has served as an officer, director, and employee of the subject company -> NO
2 Research Analyst , its employees or its associates has been engaged in the market-making activity for the subject company -> NO
3 Research Analyst , its employees or its associates have received any compensation from the subject company in the past twelve months -> NO
Some of the risks associated with the securities market that will adversely affect your investments and portfolio are:
1 Market Risk : Companies often disclose the risks associated with market volatility. For example : "The company operates in a highly competitive industry, and its financial performance is subject to market fluctuations. Adverse changes in market conditions, such as changes in demand for our products or services, could negatively impact our revenue and profitability."
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2 Financial Risk : Companies may disclose their exposure to financial risks, such as currency risk or interest rate risk:
"We have significant foreign currency exposure due to our international operations. Fluctuations in exchange rates could affect our financial results."
3 Operational Risk : Companies may discuss risks related to their day-to-day operations:
"Our manufacturing facilities are located in an area prone to natural disasters. Any disruption in our operations due to such events could result in production delays and financial losses."
4 Regulatory Risk : Companies may highlight risks related to changes in regulations or legal proceedings:
"The regulatory environment in which we operate is subject to change. New regulations or legal actions could impact our business operations and financial results."
5 Competition Risk : Companies may discuss the competitive landscape and how it affects their business:
"Our industry is highly competitive, with new entrants and existing competitors. Intense competition could lead to pricing pressures and reduced market share."
6 Technology Risk : In technology-driven sectors, companies might address technology-related risks:
"Our business relies heavily on technology platforms. Any cybersecurity breaches or technological failures could compromise our data security and reputation."
7 Supply Chain Risk : Companies may disclose risks associated with their supply chain:
"We source critical raw materials from a limited number of suppliers. Disruptions in the supply chain due to factors like supplier bankruptcy or geopolitical issues could impact our production."
8 Environmental and Sustainability Risk : Companies may address environmental and sustainability concerns:
"Environmental regulations are becoming more stringent. Non-compliance with environmental standards or reputational damage related to sustainability issues could harm our business."
9 Credit Risk : For financial institutions, credit risk is a significant concern:
"We have exposure to credit risk through our lending activities. Economic downturns or defaults by borrowers could lead to loan losses."
10 Litigation Risk : Companies may disclose ongoing or potential legal actions:
"We are currently involved in several legal proceedings. Unfavourable outcomes in these cases could result in financial liabilities."
Any use, distribution, modification, copying, forwarding or disclosure by any person is strictly prohibited.
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Contact Us
If you have any questions or concerns regarding information and services, please contact us at
Email : support@devendrahajare.com
Phone : +91 8149559677
SEBI Registration Details:
Registered Name: “Devendra Gajanan Hajare”
Type of Registration: Research Analyst
Registration Number: INH000017523
Validity: Upto 12th, June, 2027
Registered Office Address: 39, Vrundavan, Audumber Colony, Tathe Mala, Bhtukar Wadi, Ahmednagar, Maharashtra, 414003
Details of Compliance Officer :
Name: Devendra Hajare
PH: +91 8149559677
Mail: support@devendrahajare.com
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** Note: If not satisfied with the response of the research analyst you can lodge your grievances with SEBI at http://scores.gov.in or you may also write to any of the offices of SEBI. For any queries, feedback, or assistance, please contact the SEBI Office on the Toll-Free Helpline at 1800 22 7575 / 1800 266 7575.
SEBI Investor complaint “SCORE” link: - https://scores.gov.in/
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After exhausting the above options for resolution of the grievance, if the investor/client is still not satisfied with the outcome, they can initiate dispute resolution through the ODR Portal.
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For more details about the ODR mechanism, fees, timelines, etc., you may read the master circular released by SEBI titled: “Online Resolution of Disputes in the Indian Securities Market” available at the following link: https://www.sebi.gov.in/legal/master-circulars/aug-2023/online-resolution-of-disputes-in-the-indian-securities-market_75220.html
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