Ola Electric Launches 72-Hour Electric Rush with Festive Offers for Akshaya Tritiya

Bengaluru-based Ola Electric, India’s largest pure-play EV company, has announced a special 72-Hour Electric Rush event ahead of the auspicious occasion of Akshaya Tritiya. 

Customers can avail themselves of discounts of up to ₹40,000 on the company’s Gen 2 and Gen 3 electric scooter models, with prices for the Gen 2 scooters starting at ₹67,499 and the Gen 3 scooters starting at ₹73,999. Additionally, a free extended warranty is being offered across these models.

 As of 10:41 AM, Ola Electric’s share price was up by nearly 1% on NSE. 

Same-Day Scooter Deliveries with #HyperDelivery

In an effort to enhance customer convenience, Ola Electric has rolled out its #HyperDelivery service, enabling same-day delivery and registration of vehicles.

 Initially piloted in Bengaluru, the service is being expanded across India this quarter. Customers purchasing either online or through Ola Electric Stores can now ride home their fully registered scooters within hours.

Pricing Highlights Across Ola’s Portfolio

The company’s Gen 2 portfolio, which includes the S1 X in 2kWh, 3kWh, and 4kWh battery variants, now starts at ₹67,499, ₹83,999, and ₹90,999, respectively. The flagship S1 Pro starts at ₹1,11,999. Meanwhile, the Gen 3 portfolio sees the S1 Pro+ with 5.3kWh and 4kWh battery options priced at ₹1,88,200 and ₹1,48,999, respectively. 

The S1 Pro variants with 4kWh and 3kWh batteries are now available from ₹1,29,999 and ₹1,12,999. The S1 X range under the Gen 3 portfolio starts at ₹73,999 for the 2kWh model.

Roadster X Motorcycle Rolls Out

In addition to its scooter offers, Ola Electric recently introduced the first model from its Roadster X motorcycle series at its Futurefactory. The Roadster X features industry-first brake-by-wire technology with single ABS, alongside MoveOS 5 capabilities such as advanced regeneration, cruise control, and reverse mode. The motorcycle’s battery system boasts an IP67 waterproof and dust-proof rating, advanced wire bonding technology, and a serviceable Battery Management System (BMS) for easier maintenance.

Read More: Ola Electric Gets ₹73.7 Crore PLI-Auto Incentives. 

About Ola Electric Mobility Limited

Ola Electric Mobility Limited specialises in the vertical integration of electric vehicle technology and manufacturing. Its Futurefactory in Tamil Nadu, along with the Battery Innovation Centre (BIC) in Bengaluru, forms the backbone of the company’s EV development. Ola Electric’s direct-to-customer distribution model, comprising over 4,000 stores across India, positions it as the nation’s largest network of company-owned automotive experience centres.

Conclusion 

Ola Electric’s 72-Hour Rush offers a compelling opportunity for customers to celebrate Akshaya Tritiya with attractive discounts and same-day deliveries. The company continues to strengthen its position in the EV market with innovative products and enhanced customer experiences.

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.

Aayush Wellness Share Price Hits Upper Circuit as Company Expands into Healthcare with Smart Health Kiosks

Aayush Wellness Limited, a company dedicated to promoting preventive healthcare, announced its foray into healthcare services with the launch of its first healthcare centre in Virar, Mumbai. The company has introduced Smart Health Kiosks, also referred to as Health ATMs, aimed at providing affordable diagnostic and telemedicine services to the masses.

As of 10:32 AM on April 29, 2025, the share price of Aayush Wellness was locked at its upper circuit limit of 2% following this announcement.

Launch of the First Centre in Mumbai

The newly launched healthcare centre in Virar marks the beginning of Aayush Wellness’s strategic expansion into the healthcare services segment. 

Drawing inspiration from the E-Sanjeevani National Telemedicine Service, the installed Health ATMs are designed to conduct a wide array of diagnostic tests within minutes, maintain digital health records, and offer teleconsultation services.

Read More: Colab Platforms Share Price Hits Upper Circuit After Launch of ₹250 Million Sports-Tech Accelerator  

Key Features of Aayush Wellness Health ATMs

The Health ATMs are capable of performing up to 59 tests, including blood sugar, urine analysis, haemoglobin levels, skin checks, eye tests, cancer risk assessments, and lipid profiles. These services are being offered at highly affordable rates, with the aim of making healthcare more accessible, particularly in rural and semi-urban areas.

Moreover, the Health ATMs are integrated with cloud connectivity and linked with the Ayushman Bharat Digital Mission, facilitating smart reporting and the maintenance of comprehensive digital health records.

Comprehensive Medical Support Services

Beyond diagnostics, the centres will also assist patients with:

  • Treatment Assistance: Online doctor consultations based on diagnostic reports, hospitalisation support at network or government hospitals, and appointment scheduling.

  • Government Schemes Integration: Helping patients benefit from various government health initiatives such as vaccination drives, insurance claim assistance, and health campaigns.

  • Mental Wellness and Home Care: Programmes for mental wellness support and coordination for nursing, physiotherapy, and home-based care.

  • Patient Transport Support: Assistance with transportation to and from healthcare appointments, enhancing accessibility for patients.

Investment and Future Plans

In the first phase of expansion, Aayush Wellness plans to invest up to ₹25 crore. The company has indicated that further investment will be evaluated based on business performance and future requirements.

The broader vision is to weave preventive healthcare into daily life, reducing reliance on reactive treatments and strengthening the company’s presence in India’s $372 billion healthcare market.

Conclusion

With the launch of Smart Health Kiosks and Medical Support Centres, Aayush Wellness Limited aims to bridge gaps in preventive healthcare accessibility. This strategic expansion underscores the company’s commitment to promoting early diagnosis and wellness across India.

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.

Housing Demand Soars: Residential Transactions Grow 77% from FY19 to FY25

Residential transactions across key Indian cities witnessed a notable 77% increase between FY19 and FY25, reaching a total of 5.44 lakh units, according to a report by Square Yards. This data underscores a strong resurgence in homebuying activity, reflecting changing consumer preferences and robust demand for housing post-pandemic.

Primary and Secondary Markets: A Closer Look

Out of the total transactions recorded, the primary market accounted for 57%, while secondary sales comprised the remaining 43%. Primary market transactions rose from 1.84 lakh units in FY19 to 3.11 lakh units in FY25. Meanwhile, secondary transactions also saw a significant jump from 1.22 lakh units to 2.33 lakh units during the same period.

Focus on Seven Key Indian Cities

The Square Yards analysis covered seven major Indian cities: Bengaluru, Hyderabad, Mumbai, Navi Mumbai, Noida & Greater Noida, Pune, and Thane. These cities collectively represented the substantial uptick in residential registrations, highlighting urban centres as primary drivers of India’s housing recovery.

Rise of the Secondary Market

The secondary market has notably gained traction in recent years. Its share increased from 38% in the pre-pandemic period to 43% in FY25, indicating a shift in buyer preferences. Ready-to-move-in properties, especially those located in well-established and well-connected areas, have become particularly attractive to prospective homeowners.

Read More: India’s Housing Finance Market is Expected to Reach ₹81 Trillion by FY30. 

Insights from Square Yards’ CEO

Mr Tanuj Shori, CEO and Founder of Square Yards, commented that the residential market has experienced a “remarkable V-shaped recovery” since the pandemic. He highlighted that the surge in secondary market transactions underscores growing buyer confidence in pre-owned homes and established neighbourhoods, aligning with broader trends favouring immediate possession and stable locations.

Conclusion 

The surge in residential transactions between FY19 and FY25 highlights the resilience of India’s housing market. Growing demand for ready-to-move-in properties continues to shape buying patterns across key cities.

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 First Major Stock Market Spoofing Case: SEBI Takes Action Against Broker Involved in 173 Stocks

In a significant move to safeguard market integrity, the Securities and Exchange Board of India (SEBI) has directed Patel Wealth Advisors Pvt Ltd (PWAPL) and its associates to return over ₹3.22 crore in illegal gains. This follows an extensive investigation into large-scale “spoofing” practices, a manipulative trading tactic previously seen in limited instances in Indian markets.

SEBI’s order, issued on April 28, 2025, also imposes a ban on PWAPL from accessing the securities market through its proprietary account. Furthermore, the company’s directors have been restrained from participating in the securities market altogether.

What is Spoofing and How Was It Used?

Spoofing involves placing large orders at prices far from the prevailing market rate, creating a misleading appearance of demand or supply. These orders, known as phantom orders, are not intended for execution but are used to mislead other investors into believing a genuine rally or fall is underway.

SEBI’s Whole-time Member, Kamlesh Varshney, described the tactic: “Order spoofing is a type of manipulative trading activity which involves placing bid or ask orders, with the intent of cancelling the said orders before execution while simultaneously executing trades on the opposite side of the book.”

By artificially skewing the order book, spoofers influence investor behaviour and exploit the resulting price movements for their own profit.

Scale and Impact of the PWAPL Spoofing Case

The investigation revealed that PWAPL engaged in spoofing across 173 scrips on 292 trading days, sometimes orchestrating multiple instances within a single day. In total, 621 unique spoofing instances were identified.

Unlike previous cases, such as the 2023 incident involving Nimi Enterprises which was restricted to the cash segment over eight months, PWAPL’s activities spanned both cash and derivatives markets and continued for three years — a first-of-its-kind scale observed in India.

Why SEBI Issued an Interim Order

Highlighting the seriousness of the misconduct, Varshney stressed that allowing PWAPL to continue its practices would undermine the very fabric of market integrity and harm investors.

He noted: “The order spoofing is a manipulative, fraudulent and unfair trade practice employed by PWAPL to deceive other market participants and profit from price fluctuation they induced unwary investors in the market. This practice distorted market prices and undermined market efficiency.”

Read More: SEBI Fines OPG Securities ₹5.2 Crore in NSE Co-location Matter

Conclusion 

The interim measures, therefore, aim to immediately halt any further risk to the market and uphold the fairness and transparency expected of India’s securities ecosystem.

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.

HG Infra Engineering’s Arm Secured a Project Worth ₹1,123 Crore From the NHAI

H.G. Infra Engineering Limited has achieved a significant milestone through its wholly owned subsidiary, H.G. Raipur Visakhapatnam OD-6 Private Limited. The company announced the receipt of a provisional certificate for a major infrastructure project in Odisha, advancing its portfolio of national highway developments.

Project Overview and Key Details

The project involves the development of a six-lane section of the NH-130-CD Road, stretching from km 203+000 to km 338+558, under the Raipur-Visakhapatnam Economic Corridor. Awarded by the National Highway Authority of India (NHAI) under a hybrid annuity mode (HAM), the contract valued at ₹1123.11 crore was initially scheduled for completion by 31 May 2024. 

 

However, the project achieved commercial operational readiness on 8 January 2025, with the provisional certificate being issued on 25 April 2025 and received by the company on 28 April 2025.

 

The nature of the project was purely domestic with a defined execution timeline of 730 days. The order does not involve any related party transactions nor any interest from promoter groups.

Key Developments

Last week, the company announced the resignation of Chandra Pal Mehta from his position as technical president, effective at the end of the business day on April 24, 2025.

Previously, on April 21st, the infrastructure firm had reported securing a 300 MW/600 MWh portion of a 500 MW/1000 MWh project focused on deploying standalone battery energy storage systems in Gujarat.

 

Read More: HG Infra Named Qualified Bidder for 300 MW Battery Storage Project in Gujarat

HG Infra Engineering Share Performance 

As of April 29, 2025, at 10:00 AM, HG Infra Engineering share price is trading at ₹1,106.90 per share, reflecting a surge of 1.96% from the previous closing price. Over the past month, the stock has surged by 1.26%. The stock’s 52-week high stands at ₹1,879.90 per share, while its low is ₹928.55 per share

Conclusion

The receipt of the provisional certificate highlights H.G. Infra Engineering Limited’s capability to deliver major infrastructure projects, reinforcing its position in India’s construction sector. It marks another success in the company’s ongoing efforts to contribute to national highway development.

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.

 

RBI Mandates Banks to Ensure ATMs Carry More ₹100, ₹200 Notes

The Reserve Bank of India (RBI) has introduced new regulations requiring banks and White Label ATM Operators (WLAOs) to ensure better public access to ₹100 and ₹200 denomination notes. This move seeks to increase the circulation of frequently used banknotes and must be implemented in a phased manner.

Banks and WLAOs to Ensure Dispensation of Lower Denomination Notes

The Reserve Bank of India (RBI) on Monday asked banks to ensure that ATMs dispense ₹100 or ₹200 denomination notes to enhance the availability of these currency notes to the public. Banks and White Label ATM Operators (WLAOs) have to implement the direction in a phased manner.

“As part of an endeavour towards enhancing public access to frequently used denominations of banknotes, it has been decided that all banks and White Label ATM Operators (WLAOs) shall ensure that their ATMs dispense ₹100 and ₹200 denomination banknotes on a regular basis…,” the Reserve Bank of India (RBI) said in a circular.

Implementation Deadlines Set for 2025 and 2026

According to the circular, by September 30, 2025, 75% of all ATMs (Automated Teller Machines) shall dispense either ₹100 or ₹200 denomination banknotes from at least one cassette.

Furthermore, the RBI circular outlines that by 2026, 90% of all ATMs shall dispense either ₹100 or ₹200 denomination banknotes from at least one cassette. These targets set a structured timeline for banks and WLAOs to systematically upgrade and configure their ATM networks to comply with the mandate.

Read More: RBI says India’s Economy Projected to Grow 6.5% Amid Global Volatility

Conclusion

The Reserve Bank of India’s new directive focuses on improving public convenience by ensuring easier access to ₹100 and ₹200 banknotes through ATMs. With defined deadlines, banks and WLAOs are expected to progressively align their ATM infrastructure to comply with the mandate.

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. 

Apollo Tyres to Acquire an Additional 3.43% Stake in Green Infra Wind Power Projects Ltd

Apollo Tyres Ltd. has bought an additional 3.43% share in Green Infra Wind Power Projects Limited (GIWPPL). After this deal, Apollo’s total ownership in GIWPPL has increased to 21.27%. 

Details About Green Infra Wind Power Projects Limited

GIWPPL runs a 24 MW wind power project located in Tamil Nadu. Its turnover was ₹235.25 million as of March 31, 2024. The company is a subsidiary of Sembcorp Green Infra Private Limited, and it was incorporated on July 4, 2011. GIWPPL operates only in India.

Transaction Information

  • Nature of Acquisition: This is not a related party transaction.  
  • Purpose: To procure wind power.  
  • Payment Mode: Done through cheque, demand draft or banking channels.  
  • Cost: Bought 60,000 shares at ₹10 each, totalling ₹6 lakh.  
  • Regulatory Approval: Governed by the Indian Electricity Rules 2005.  
  • Completion Timeline: Expected by the first week of May 2025.

Previous Holding and New Position

Before this acquisition, Apollo Tyres already owned 17.84% of GIWPPL by holding 3,12,000 shares. After acquiring the new shares, Apollo’s total ownership has now increased to 21.27% in GIWPPL.

 

Read More: F&O Changes: NSE to Exclude Apollo Tyres, Escorts Kubota, and 3 More Stocks from June Series

Share Price Performance 

As of April 29, 2025, at 9:40 AM, Apollo Tyres share price is trading at ₹456.95 per share, reflecting a decline of 0.54% from the previous day’s closing price. Over the past month, the stock has surged by 8.02%. The stock’s 52-week high stands at ₹584.90 per share, while its low is ₹370.90 per share.

Conclusion

The increased investment highlights Apollo Tyres’ commitment to promoting sustainable energy sources. Strengthening its stake in Green Infra supports the company’s broader vision of building a greener and more energy-efficient future.

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.

Vimta Labs Board Approves 1:1 Bonus Share Issue and Final Dividend

Vimta Labs Limited has announced a 1:1 bonus share issue for its shareholders, a decision that reflects the company’s solid financial footing and commitment to rewarding investor trust. The move follows a strong performance in FY25, signalling continued confidence in future growth.

Board Recommends Bonus Issue

The Board of Directors has proposed the issue of bonus shares in the ratio of 1:1, meaning shareholders will receive one additional equity share for every share currently held. This recommendation is subject to approval at the upcoming Annual General Meeting (AGM). The decision is aimed at increasing the liquidity of the company’s shares and broadening the shareholder base.

This announcement comes alongside the declaration of a final dividend of ₹2 per equity share, reinforcing Vimta’s focus on delivering consistent returns to its investors. Bonus shares, while not offering direct monetary gains, enhance shareholder value by increasing the number of outstanding shares without diluting ownership.

 

Vimta Labs Q4 FY25 Results 

Vimta Labs Limited reported its financial results for the fourth quarter and financial year ended March 31, 2025, with growth in its pharmaceutical services business. The company’s total income for Q4FY25 stood at ₹960.8 million, up 31.4% year-on-year. 

EBITDA for the quarter was ₹346.8 million, with margins at 36.1%. Profit after tax (PAT) from continuing operations rose 31.2% year-on-year to ₹183.2 million, maintaining a PAT margin of 19.1%. Basic earnings per share (EPS) for Q4FY25 were ₹8.2, compared to ₹6.3 a year ago.

 

Read More: When Did BSE Issue Bonus Shares for the First Time?

 

Recent Developments

Vimta is broadening its services to include research and development for biological drugs like new therapeutic entities, biosimilars, and peptide treatments. This new biologics R&D division is slated to be fully up and running by the third quarter of the 2026 fiscal year, with revenue generation anticipated to begin in fiscal year 2027.

In other news, Vimta successfully passed a cGMP inspection by the European Medicines Agency (EMA) and a GCP audit by Kazakhstan’s Ministry of Health. Their food division also received the ‘Outstanding Laboratory Performance Award 2024’ from CII for the second year in a row.

Furthermore, Vimta has finalised its merger with EMTAC Laboratories, which will enhance the company’s range of services.

Vimta Labs Share Performance 

As of April 29, 2025, at 9:20 AM, Vimta Labs share price is trading at ₹1,061.30 per share, reflecting a surge of 3.45% from the previous closing price. Over the past month, the stock has surged by 5.93%. The stock’s 52-week high stands at ₹1,178 per share, while its low is ₹420.00 per share

Conclusion

The proposed 1:1 bonus issue by Vimta Labs underscores its commitment to shareholder value creation. The stock surged during the opening session after reporting strong 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.

 

CESC Signs Power Purchase Agreement for 300 MW Wind-Solar Hybrid Project

CESC Limited, a major private utility company in India, has taken a step toward renewable energy development by entering into a long-term Power Purchase Agreement (PPA). The agreement, involving a hybrid energy project, signals the company’s strategic direction towards sustainable power sourcing.

Agreement Details and Tariff Commitment

CESC Limited has signed a Power Purchase Agreement with Bhojraj Renewables Energy Private Limited, its subsidiary, for procuring 300 MW of wind-solar hybrid power. The contract is set for a period of 25 years at a tariff of ₹3.81 per kWh. This agreement reflects CESC’s commitment to integrating renewable sources into its power mix, ensuring cost stability over the long term. The deal highlights a substantial capacity addition in the renewable segment, contributing to India’s broader clean energy objectives.

 

The implementation of the agreement is conditional upon the approval of the West Bengal Electricity Regulatory Commission (WBERC). Once approved, the contract will be deemed effective from the date of such clearance. CESC has disclosed this development in compliance with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, maintaining transparency with stakeholders and regulatory bodies.

 

Read More: CESC Expands Power Distribution Business with Chandigarh Acquisition

CESC Share Performance 

As of April 29, 2025, at 11:00 AM, CESC share price is trading at ₹160.40 per share, reflecting a surge of 0.67% from the previous closing price. Over the past month, the stock has surged by 4.85%. The stock’s 52-week high and 52-week low stands₹212.49 and ₹119.00 per share, respectively.

Conclusion

The Power Purchase Agreement between CESC and Bhojraj Renewables underscores the growing role of hybrid energy solutions in India’s power sector. Subject to regulatory approval, this 25-year arrangement is set to play a key role in CESC’s long-term energy sourcing plans.

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.

 

RBI to Inject ₹1.25 Lakh Crore Liquidity in May via OMO Purchases

The Reserve Bank of India (RBI) has announced open market operation (OMO) purchase auctions of Government of India securities, with a total value of ₹1.25 lakh crore. The auctions will be conducted in four phases between May 6 and May 19, 2025.

Auction Details

Auction Date Amount (₹ crore)
May 6, 2025 50,000
May 9, 2025 25,000
May 15, 2025 25,000
May 19, 2025 25,000

The RBI stated that it would issue separate notifications ahead of each tranche. Bids for these auctions will be accepted electronically through the E-Kuber platform. In case of any system failure, physical bids may be considered. Auction results will be announced on the same day.

Background 

The decision follows a review of the current and evolving liquidity conditions. The RBI had earlier conducted bond purchases amounting to ₹80,000 crore on April 1 and ₹40,000 crore on April 11 through the OMO route. In March, the central bank carried out OMO purchases of ₹1 lakh crore in two tranches of ₹50,000 crore each.

Apart from OMOS, the RBI also conducted a $10 billion-rupee buy/sell swap auction for 36 months. Recently, the central bank reduced the benchmark repo rate by 25 basis points and shifted its monetary policy stance from neutral to accommodative.

About Open Market Operations

Open market operations involve the purchase or sale of government securities by the RBI to manage liquidity conditions in the market. The RBI buys securities to inject liquidity when needed and sells them to absorb surplus liquidity.

Read more: RBI’s ₹1 Lakh Crore OMO and $10 Billion Forex Swap: A Move to Address Liquidity Challenges

Conclusion

The RBI’s upcoming OMO purchases in May are part of its measures to manage liquidity and ensure the smooth functioning of the financial system.

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.