HUL Shares End 4-Day Losing Streak as CCI Approves ₹2,670 Crore Minimalist Deal

Hindustan Unilever Limited (HUL) saw a rise in its share price, trading at ₹2,192.30 at 9:55 AM on the NSE. The stock opened at ₹2,189.65 and reached a high of ₹2,198, reflecting an upward movement of 0.97% compared to the previous close of ₹2,171.25.

This recovery comes after a 3.4% decline over the last four trading sessions, as investors reacted to recent market trends. With regulatory approval for HUL’s acquisition of Minimalist’s parent company, Uprising Science, investor sentiment appeared to improve.

Details of the Acquisition

Jaipur-based Uprising Science, known for its Minimalist range of skincare, haircare, and baby care products, will be majorly owned by HUL.

Under the agreement, HUL will initially acquire 90.5% stake in Uprising Science (Minimalist’s parent company), with plans to take full ownership by acquiring the remaining 9.5% stake within the next 2 years.

The deal, structured through a share purchase and subscription agreement, includes a secondary buyout valued at ₹2,670 crore, based on a pre-money enterprise valuation of ₹2,955 crore. Additionally, HUL will invest ₹45 crore as a primary infusion into the company, as per news reports.

HUL Expands Its Portfolio with Minimalist

Hindustan Unilever, which owns over 50 well-established brands such as Lakmé, Lux, Surf Excel, Knorr, and Kwality Wall’s, is strengthening its presence in the beauty and personal care segment with this acquisition.

he move aligns with HUL’s strategy to expand its portfolio by integrating brands that cater to evolving consumer preferences.

Regulatory Green Light from CCI

On Monday, the Competition Commission of India (CCI) confirmed the approval of the acquisition. This approval paves the way for HUL to further strengthen its foothold in the high-growth beauty and skincare market.

Conclusion

With the CCI’s approval, Hindustan Unilever moves closer to finalising its acquisition of Minimalist’s parent company, marking a strategic expansion in the personal care segment. The deal not only enhances HUL’s presence in the premium skincare market but also reflects its long-term vision for growth and innovation in the sector.

 

Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions.

Investments in the securities market are subject to market risks, read all the related documents carefully before investing.

Ola Electric Shares Snap 3-Day Losing Streak; Insolvency Petition Against Subsidiary Watched

On 18 March 2025, Ola Electric Mobility witnessed a significant surge in its share price. The stock opened at ₹46.37 and reached a high of ₹49.84, reflecting a strong upward movement. Compared to the previous close of ₹46.93, the stock gained ₹2.77, at 9:40 AM on the NSE, marking a 5.9% increase.

However, the stock had declined by 7.09% in the previous trading session, bringing the total three-day decline to over 9% before this rebound.

Details of Insolvency Petition Against Ola Electric Subsidiary

Ola Electric Technologies Private Limited, a wholly owned subsidiary of Ola Electric Mobility Limited, is facing an insolvency petition filed by an operational creditor over alleged payment defaults. The case is currently before the National Company Law Tribunal (NCLT) Bengaluru.

According to Ola Electric Mobility’s regulatory filing on March 15, 2025, M/s Rosmerta Digital Services Limited, an operational creditor, has filed a petition under Section 9 of the Insolvency and Bankruptcy Code (IBC), 2016, against Ola Electric Technologies Private Limited.

The petition alleges that the company defaulted on payments for services rendered by Rosmerta Digital Services Limited, Ola Electric Mobility stated in a press release on the stock exchanges.

Ola Electric’s Response

Ola Electric has strongly disputed the claims and stated that it has sought appropriate legal advice. The company maintains that it will take all necessary legal steps to protect its interests and object to the allegations.

The official disclosure from Ola Electric Mobility Limited assures stakeholders that it will challenge the petition.

Conclusion

While Ola Electric has firmly disputed the claims and plans to challenge the petition, investors are closely monitoring further updates. The situation continues to unfold, with market participants keeping a watchful eye on any new developments.

 

Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions.

Investments in the securities market are subject to market risks, read all the related documents carefully before investing.

India’s Direct Tax Collection Hits ₹21.26 Lakh Crore, up 13.13%

India’s net direct tax collections have demonstrated robust growth, reaching ₹21.26 lakh crore by March 15, marking a 13.13% increase compared to the previous year. This surge is largely driven by strong advance tax collections, which have totalled ₹10.44 lakh crore, as per news reports.

Advance Tax Contributions

According to official data released on Monday, the net direct tax collections between 1 April 2024 and 15 March 2024 stood at ₹21.26 lakh crore.

This growth was significantly supported by a 14.62% rise in total advance tax collections, which amounted to ₹10.44 lakh crore. For the March quarter alone, the advance tax collections reached ₹2.94 lakh crore.

Breakdown of Corporate and Individual Tax Contributions

Breaking down the contributions, corporate taxpayers have paid ₹7.57 lakh crore in advance tax, while individuals, firms, and LLPs have contributed ₹2.87 lakh crore during the April to 15 March period.

Among the net direct tax collections, corporate tax accounted for ₹9.69 lakh crore, whereas personal income tax stood at ₹11.01 lakh crore.

Gross Tax Collections and Refunds

The gross direct tax collections before accounting for refunds reached ₹25.86 lakh crore as of 15 March, reflecting a 16.22% increase from the same period last year. Meanwhile, the government has issued record refunds amounting to ₹4.60 lakh crore, registering a significant 38.13% increase compared to the ₹3.3 lakh crore in refunds issued during the same period last year.

Fiscal Targets and Economic Impact

With tax collections exhibiting such impressive growth, India is on track to comfortably meet its fiscal targets, further strengthening its financial position.

Conclusion

The latest data on direct tax collections highlights steady growth, driven by strong corporate and personal income tax contributions. Increased advance tax payments and higher refunds have played a crucial role in shaping the overall tax revenue.

 

Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions.

Top Gainers and Losers of the Day: Dr. Reddy’s Leads Gains, Wipro Slides on March 17, 2025

On March 17, 2025, the Indian benchmark indices ended higher. Nifty 50 closed 0.5% higher at 22,508.75 while Sensex ended 0.46% higher at 74,169.95.

Top Gainers of the Day

Symbol LTP (₹) % Change Volume
DRREDDY 1,151.50 3.93% 27,14,445
SBILIFE 1,439.50 3.89% 13,52,128
BAJAJFINSV 1,875.10 3.74% 69,94,751
TRENT 5,150 2.54% 8,56,504
AXISBANK 1,034 2.36% 59,37,013

1. Dr. Reddy’s

Dr. Reddy’s stock surged 3.93% to close at ₹1,151.50, gaining ₹43.55 from the previous close. The stock opened at ₹1,107.90 and touched a high of ₹1,154.10 during the session.

2. SBI Life

SBI Life climbed 3.89% to settle at ₹1,439.50, adding ₹53.95 to its value. The stock opened at ₹1,392.00 and reached an intraday high of ₹1,441.30.

3. Trent

Trent’s stock rose by 2.54%, ending the day at ₹5,150, an increase of ₹127.60. It opened at ₹5,022.40 and hit a peak of ₹5,179.90.

4. Axis Bank

Axis Bank advanced 2.36% to ₹1,034, gaining ₹23.80 from the previous close. The stock touched a high of ₹1,039 during the trading session.

5. Bajaj Finserv

Bajaj Finserv gained 3.74%, closing at ₹1,875.10, up by ₹67.65. The stock fluctuated between ₹1,797.15 and ₹1,880.90 throughout the day.

Top Losers of the Day

Symbol LTP (₹) % Change Volume
WIPRO 259.95 -1.53% 1,26,95,185
BPCL 261.41 -1.13% 64,81,710
HEROMOTOCO 3,490 -1.11% 6,73,495
ITC 4,07.8 -1.03% 52,57,300
NESTLEIND 2,171 -0.96% 4,09,906

1. Wipro

Wipro‘s stock declined by 1.53% to close at ₹259.95, losing ₹4.05 from the previous session. The stock traded between ₹258.90 and ₹265.20 throughout the day.

2. BPCL

BPCL slipped 1.13% to ₹261.41, down ₹3 from its last close. The stock hit an intraday low of ₹258.31 after opening at ₹261.11.

3. Hero MotoCorp

Hero MotoCorp dropped 1.11% to close at ₹3,490, shedding ₹39.15. The stock fluctuated between ₹3,461.60 and ₹3,549.00 during the session.

4. ITC

ITC ended 1.03% lower at ₹407.80, a decline of ₹4.25 from the previous close. It reached a high of ₹416.25 but slipped to ₹407 during the day.

5. Nestlé India

Nestlé India dipped 0.96% to ₹2,171, losing ₹20.95. The stock traded within a range of ₹2,156 to ₹2,203.35.

Conclusion

The stock market saw a mixed performance on March 17, 2025, with benchmark indices ending slightly higher. Dr. Reddy’s, SBI Life, and Bajaj Finserv emerged as the top gainers, reflecting strong investor sentiment in select sectors.

On the other hand, Wipro, BPCL, and Hero MotoCorp faced declines, indicating pressure in some industries.

 

Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions.

Investments in the securities market are subject to market risks, read all the related documents carefully before investing.

Selling Gold? Here’s How to Protect Yourself from Fraud

Selling gold can be a crucial financial decision, but it is not without risks. With rising gold prices, fraudulent activities in the market have also increased. Ensuring secure transactions and being aware of potential scams is essential to protect your assets and receive a fair valuation.

This article explores the precautions you should take while selling gold and whether liquidating your assets is the right financial move for you.

Why Should You Be Cautious While Selling Gold?

Although selling gold appears to be a straightforward process, a lack of research and awareness can make sellers vulnerable to fraud.

Gold’s high value attracts both genuine and dishonest buyers, and failing to take necessary precautions can lead to financial loss. Below, we highlight some common scams and strategies to help you safely navigate the gold-selling market.

Common Scams in Gold Selling

1. Undervaluation by Buyers

Some buyers may intentionally offer lower prices than the current market rate, taking advantage of sellers’ urgency or lack of knowledge. To avoid this, always research the prevailing gold prices and get evaluations from multiple buyers before making a decision.

Gold prices fluctuate daily. Check reputable financial websites like the India Bullion and Jewellers Association (IBJA), MCX India, for real-time rates.

2. Faulty Purity Testing

Certain buyers use outdated or inaccurate gold testing equipment to manipulate purity results, leading to undervaluation. Always ensure that the testing is done in your presence with reliable tools, and request certification if possible.

If your gold is BIS-hallmarked, its purity is already verified, reducing the chance of disputes. Ensure the buyer uses certified purity testing machines like a Karat Meter.

3. Gold Swapping Tactics

In some cases, fraudulent buyers may switch high-quality gold with a lower-grade substitute during evaluation. To prevent this, insist on testing the gold in front of you and keep an eye on your asset throughout the process.

Red Flags to Watch Out For

  • Lack of proper documentation: Genuine buyers will always provide transaction receipts and invoices.
  • Unrealistic offers: If a buyer offers significantly higher or lower prices than the market rate, be cautious.
  • Pressure tactics: If a buyer insists on rushing the transaction, reconsider your decision and choose a more transparent dealer.

Steps to Avoid Fraud When Selling Gold

1. Verify the Buyer’s Reputation

Before selling gold, conduct a thorough background check on potential buyers. Look for certifications, read online reviews, and check for a reputable market presence.

Avoid unregistered dealers or those with poor feedback. Visiting the buyer’s physical store can also give you insight into their professionalism and legitimacy.

2. Understand the Gold Valuation Process

Knowledge is your best defence against fraud. Stay updated with gold prices, as they fluctuate daily. When getting your gold evaluated, ensure the process is conducted transparently using accurate testing tools. Comparing offers from multiple buyers can help you secure the best deal.

3. Choose Transparent Transactions

Reputed gold buyers provide a detailed breakdown of their valuation process. After selling your gold, always request a receipt and invoice as proof of the transaction. Prioritise due diligence and transparency over convenience to safeguard your assets.

Conclusion

Selling gold can be a profitable decision when done correctly. However, staying informed and cautious is crucial to avoid scams and secure fair value for your assets.

Always verify buyers, understand the valuation process, and insist on transparent transactions. Whether you choose to sell or explore alternatives, prioritising safety and market awareness ensures the best outcome for your financial goals.

 

Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions.

Investments in the securities market are subject to market risks, read all the related documents carefully before investing.

GMR Airports Share Price in Focus; Delhi, Hyderabad Airports Set New Records in Feb

GMR Airports Limited released its February 2025 Monthly Traffic Report, highlighting significant developments across its airports, including Delhi, Hyderabad, Mopa (Goa).

Passenger Traffic Growth

GMR Airports handled more than 10.1 million passengers in February 2025, marking a 12.9% year-on-year (YoY) growth. For the year-to-date (YTD) FY25, total passenger traffic exceeded 109.6 million, surpassing the 100 million mark. This includes:

  • Domestic traffic: Up 13.0% YoY
  • International traffic: Up 12.7% YoY

Key Achievements

  • Delhi and Hyderabad airports recorded their highest-ever passenger traffic numbers.
  • GMR Airports achieved record aircraft movements (ATMs), with 0.67 million ATMs in YTD FY25.

Delhi Airport: Setting New Benchmarks

Delhi’s Indira Gandhi International Airport continues to lead in operational excellence and innovation.

  • Passenger Traffic: 6.7 million passengers in February 2025 (11% YoY increase).
  • Aircraft Movements: 36,266 flights handled (6% YoY growth).
  • Cargo Operations: Crossed 1 million metric tonnes (MMT) in YTD FY25, up 11.9% YoY.
  • Technology Advancements: AI-enabled Unified Total Airside Management (UTAM) introduced for efficient airside operations.

Hyderabad Airport: Rapid Growth and Expansion

Hyderabad’s Rajiv Gandhi International Airport achieved a major milestone by handling 26.6 million passengers in YTD FY25, surpassing its total FY24 figures.

  • Passenger Traffic: 2.5 million passengers in February 2025 (25.9% YoY increase).
  • Aircraft Movements: 16,709 flights handled (19% YoY growth).
  • Operational Enhancements: Upgraded to CAT II Instrument Landing System (ILS) for improved efficiency.
  • New Flight Routes: Expanded domestic and international connectivity, including new services to Medinah, Phuket, and Kolkata.

Goa Airport: Strengthening International Connectivity

Manohar International Airport has shown resilience despite seasonal fluctuations, with 4.2 million passengers handled in YTD FY25, up 4.6% YoY.

  • International traffic surged 185.8% YoY, following the launch of international operations in July 2023.
  • Passenger Experience Initiatives: Launch of GOX Pass, providing travelers with exclusive benefits across Goa’s dining, adventure, and wellness sectors.
  • New Flight Routes: Air India Express to introduce 4 daily departures starting April 2025.

Conclusion

GMR Airports’ strong performance in February 2025 reflects its growing dominance in the aviation sector. With record-breaking passenger traffic, enhanced operational efficiencies, and global recognition, the company continues to set new benchmarks.

 

Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions.

Investments in the securities market are subject to market risks, read all the related documents carefully before investing.

Muthoot Finance Share Price Jumps 5% as Gold Loan AUM Hits Record ₹1 Lakh Crore

Muthoot Finance, India’s leading gold loan NBFC, has achieved a significant milestone by surpassing ₹1 lakh crore in Gold Loan Assets Under Management (AUM) as of March 13, 2025, the company said in a press release on the stock exchanges.

A Landmark Achievement in Gold Financing

Muthoot Finance’s latest milestone is a testament to its strong market position, operational excellence, and unwavering trust among customers and stakeholders.

The company has consistently demonstrated resilience and innovation in the gold loan sector, enabling it to scale new heights despite economic fluctuations.

George Alexander Muthoot, Managing Director of Muthoot Finance, expressed his gratitude and pride in achieving this milestone, crediting the success to the company’s customer-centric approach, innovative financial solutions, and the dedication of its employees.

He also acknowledged the support of the Reserve Bank of India (RBI), banking partners, lenders, investors, and customers in driving the company’s growth.

Strong Market Position and Continued Growth

Muthoot Finance has played a crucial role in providing accessible and secure financial solutions through its gold loan offerings. Its ability to adapt to changing market dynamics, leverage digital transformation, and maintain customer trust has been instrumental in reaching this landmark.

The company continues to focus on expanding its footprint, enhancing customer experiences, and adopting technology-driven innovations to strengthen its leadership in the NBFC space. With a vision for sustained growth and financial inclusion, Muthoot Finance remains committed to empowering individuals and businesses across India.

Conclusion

Muthoot Finance’s achievement of surpassing ₹1 lakh crore in Gold Loan AUM marks a significant milestone in the NBFC sector, reinforcing its leadership in gold financing. The company’s strong market presence, customer-focused approach, and strategic digital transformation efforts have played a crucial role in this success.

 

Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions.

Investments in the securities market are subject to market risks, read all the related documents carefully before investing.

Tata Steel Share Price in Focus; Gains for the 2nd Straight Day on March 17, 2025

The uptick in Tata Steel’s share price today added to the gains of around 0.4% recorded in the previous session, reflecting continued investor interest. The stock rose 0.58% to ₹151.76 at 11:30 AM on the NSE, reaching an intraday high of ₹152.64 after opening at ₹151.99. It touched an intraday high of ₹152.64, and a low of ₹150.90 before stabilising

Positive Catalysts and Growth Potential

Recent developments, including potential funding for infrastructure projects in Germany and a notable increase in steel price spreads, are set to contribute positively to the company’s performance, as per news reports.

Tata Steel Increases Investment in Offshore Subsidiary

Tata Steel Limited has announced the acquisition of 78.85 billion ordinary equity shares in its wholly owned subsidiary, T Steel Holdings Pte. Ltd. (TSHP), for USD 1,238 million (₹10,726.85 crore), the company said in a press release on the stock exchanges.

The Singapore-based entity serves as an investment holding company for Tata Steel’s overseas businesses. The funds will be used primarily to repay external debt in offshore subsidiaries and support the restructuring of Tata Steel UK Limited.

This strategic investment reinforces Tata Steel’s commitment to financial restructuring and long-term global operations.

Conclusion

Tata Steel’s strategic investment in its offshore subsidiary reflects a proactive approach to financial restructuring and long-term global expansion. Additionally, positive industry developments, such as infrastructure funding in Germany and rising steel price spreads, are expected to support future earnings.

 

Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions.

Investments in the securities market are subject to market risks, read all the related documents carefully before investing.

Ola Electric Share Price Drops 6% to 52-Wk Low Amid Insolvency Petition Against Subsidiary

Ola Electric Technologies Private Limited, a wholly owned subsidiary of Ola Electric Mobility Limited, is facing an insolvency petition filed by an operational creditor over alleged payment defaults. The case is currently before the National Company Law Tribunal (NCLT) Bengaluru.

The Petition and Allegations

According to Ola Electric Mobility’s regulatory filing on March 15, 2025, M/s Rosmerta Digital Services Limited, an operational creditor, has filed a petition under Section 9 of the Insolvency and Bankruptcy Code (IBC), 2016 against Ola Electric Technologies Private Limited.

The petition alleges that the company defaulted on payments for services rendered by Rosmerta Digital Services Limited, Ola Electric Mobility said in a press release on the stock exchanges.

The case has been submitted before the National Company Law Tribunal (NCLT) – Bengaluru Bench, seeking the initiation of the Corporate Insolvency Resolution Process (CIRP) against Ola Electric’s subsidiary.

Ola Electric’s Response

Ola Electric has strongly disputed the claims and stated that it has sought appropriate legal advice. The company maintains that it will take all necessary legal steps to protect its interests and object to the allegations.

The official disclosure from Ola Electric Mobility Limited assures stakeholders that it will challenge the petition.

Share Price Performance

Ola Electric Mobility Limited’s share price took a sharp hit, dropping 5.76% to ₹47.60 as of March 17, 2025. The stock opened at ₹49.98 and briefly touched an intraday high of ₹50.24 before sliding to a low of ₹47.44. This decline follows a previous close of ₹50.51, reflecting investor concerns amid ongoing legal challenges.

Conclusion

The insolvency petition against Ola Electric Technologies has raised investor concerns, leading to a sharp decline in Ola Electric Mobility Limited’s share price. While the company has strongly denied the allegations and plans to contest the petition, the ongoing legal proceedings add uncertainty to its financial outlook.

Investors will closely watch further developments in the case and Ola Electric’s response to gauge the potential impact on the company’s operations and stock performance.

 

Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions.

Investments in the securities market are subject to market risks, read all the related documents carefully before investing.

MTNL Share Price Sinks 7% After Defaulting on ₹8,277 Crore Loan Across 7 Banks

Mahanagar Telephone Nigam Limited (MTNL), a Government of India enterprise, has defaulted on principal and interest payments to multiple banks, as per its latest disclosure under SEBI regulations.

MTNL’s Debt Crisis – A Closer Look

According to MTNL’s latest filing with stock exchanges, the company has defaulted on both principal and interest payments to major public sector banks. The outstanding loan amount of ₹8,277 crore includes defaults across:

  1. Union Bank of India (UBI)
  2. Bank of India (BOI)
  3. Punjab National Bank (PNB)
  4. State Bank of India (SBI)
  5. UCO Bank
  6. Punjab & Sind Bank (PSB)
  7. Indian Overseas Bank (IOB)

Rising Debt and Mounting Defaults

The defaults occurred between August 2024 and February 2025, with overdue interest payments totaling ₹1,450.36 crore and overdue principal standing at ₹482.97 crore.

In addition to its bank borrowings, MTNL has a total financial indebtedness of ₹33,497 crore, which includes a sovereign guarantee bond of ₹24,071 crore and a ₹1,149 crore loan from the Department of Telecommunications (DoT).

Share Price Performance

MTNL’s share price took a sharp hit, plunging 7.26% to ₹45.33, following concerns over its financial health after defaulting on a ₹8,277 crore loan across 7 banks. The stock opened at ₹46.75, reaching an intraday high of ₹46.99 before sliding to a low of ₹45.03. This decline follows a previous close of ₹48.88

Conclusion

MTNL’s recent loan default has raised significant concerns about its financial stability, leading to a sharp decline in its stock price. With an outstanding debt of ₹33,497 crore and mounting overdue payments, the company faces a challenging road ahead. Investors and stakeholders will closely monitor any government intervention or restructuring plans that could provide relief. 

As MTNL navigates its financial troubles, its future prospects will largely depend on debt management strategies and operational efficiency improvements.

 

Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions.

 

Investments in the securities market are subject to market risks, read all the related documents carefully before investing.