Vijay Mahendra Thakkar Proprietor of Vijay Thakkar is registered with SEBI as Individual Research Analyst vide Registration number INH000022844 on August 21, 2025 pursuant to which it provides Research Analyst services to its clients.

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

• Registration granted by SEBI and certification from NISM is no way guarantee performance of the intermediary or provide any assurance of returns to investors. 

• I am not affiliated with any other intermediaries or receive any brokerage or commission from any third party.
• The SEBI has issued no penalties/directions under the SEBI Act or any other regulatory body.
• I do not recommend any stock broker or other intermediary to a client, nor do I receive any consideration by way of remuneration or compensation or in any other form whatsoever from the stock broker or another intermediary.
• Investment in equity shares has its own risks. Sincere efforts have been made to present the right investment perspective. The information contained herein is based on analysis and on sources that I consider reliable. I, however does not vouch for the consistency or the completeness thereof. This material is for personal information and I am not responsible for any loss incurred due to it & take no responsibility whatsoever for any financial profits or loss which may arise from the recommendations above.
• I do not provide any promise or assurance of favourable view for a particular industry or sector or business group in any manner. The investor is requested to take into consideration all the risk factors including their financial condition and suitability to risk return profile before investing. 
• I or any other person related to me might be holding positions in the stocks recommended.
• The research recommendations are provided to all my clients who are entitled to receive the research reports. Any Client (Paid or Unpaid), any third party or anyone else have no rights to forward or share my calls or SMS or Reports or Any Information Provided by me to/with anyone (through any medium) which is received directly or indirectly by them. If found so, then serious legal actions can be taken.
• I ensure that the individuals employed as research analyst are separate from other employees who are performing sales trading, dealing, corporate finance advisory or any other activity that may affect the independence of my research report/recommendations. However, these individuals may receive feedback from sales or trading personnel of brokerage division to ascertain the impact of research report/recommendations.
• I also ensure that if a client wants an opinion on a specific position, such suggestion/view under any circumstances shall be considered as an opinion (not advice). I am not liable for any losses whatsoever the client may incur in accepting this opinion.
• I do not have any association in any manner with any issuer of products/securities; this ensures that there are no actual or potential conflicts of interest. This also ensures that objectivity or independence in the carrying on research services is not compromised. 
• Stock trading is inherently risky, and you agree to assume complete and full responsibility for the outcomes of all trading decisions that you make.
• Unlike an actual performance record, simulated results do not represent actual trading. No representation is being made that any account will or is likely to achieve profits or losses similar to those shown.
• You, and not me, assume the entire cost and risk of any trading you choose to undertake. You are solely responsible for making your own investment decisions. If you choose to engage in transactions with or without seeking advice from a licensed and qualified financial advisor or entity, then such decision and any consequences flowing therefrom are your sole responsibility. I or any employees are in no way liable for the use of the information by others in investing or trading in investment vehicles.
• I also encourage all investors to use the services as a resource to further their own research on all featured companies, stocks, sectors, markets and information presented on the site.
• Everything posted on social media (Twitter/Facebook/Telegram/YouTube channel) is for education / illustration purposes and should not be counted as recommendations or investment advice.