AI assistant
MUTHOOT FINANCE LIMITED — Interim / Quarterly Report 2022
Dec 30, 2021
61276_rns_2021-12-30_03e15d0d-7343-4316-a58a-a98be59a7668.pdf
Interim / Quarterly Report
Open in viewerOpens in your device viewer
December 30, 2021
==> picture [596 x 117] intentionally omitted <==
Ref: SEC/MFL/SE/2021/4181
National Stock Exchange of India Ltd. Exchange Plaza,
Plot No. C/1, G Block, Bandra-Kurla Complex Bandra (E), Mumbai - 400 051 Symbol: MUTHOOTFIN
Department of Corporate Services BSE Limited,
P. J. Tower, Dalal Street, Mumbai - 400 001 Scrip Code: 533398
Dear Sir/Madam,
Sub: Newspaper Advertisement
We enclose herewith copies of the newspaper advertisements regarding the Announcements of Results of Postal Ballot.
Thanking You,
For Muthoot Finance Limited
==> picture [72 x 60] intentionally omitted <==
Rajesh A Company Secretary ICSI Membership No. FCS 7106
==> picture [596 x 41] intentionally omitted <==
CHENNAI
For BSE/NSE live quotes, scan the QR code or click the link https://bit.ly/2FpossK
6 MARKET RADAR
BusinessLine THURSDAY[•] DECEMBER 30[•] 2021
==> picture [39 x 39] intentionally omitted <==
SEBI in no mood to rush in with policy framework for SPAC listing
IRB Infrastructure completes equity fundraising of ₹5,347 cr Mhaiskar to stay single cent subsidiary of the Ferrovial S.A., Spain and Bricklayers Invest largest shareholder ment Pte. Ltd., a 100 per cent subsi diary of GIC, Sovereign Wealth OUR BUREAU Fund of Singapore government.
QUICKLY
==> picture [165 x 113] intentionally omitted <==
Role of NCLT, market regulator needs clarity in case of demerger: Tyagi
Role of NCLT, market ing operating firm, following framework at short notice does diary of GIC, Sovereign Wealth which the operating company can not exist. So, let’s wait for them to OUR BUREAU Fund of Singapore government. regulator needs merge/reverse merge with or can make the needed recommenda Mumbai, December 29 clarity in case of be acquired by listed SPAC instead tions because some of the future IRB Infrastructure Developers, a Cintra’s nominees of doing its own. SPACs may not be in the regulatory highways infrastructure de Cintra has nominated Jose Tam demerger: Tyagi Stated differently, at the time of domain of SEBI.” He also pointed veloper, has completed equity fun ariz Martel Goncer as a nonretir SPAC’sinitial share sales, they have out that more clarity is needed on draising of ₹5,347 crore, claiming ing Additional Nonexecutive Dir PRESS TRUST OF INDIA no existing business operations or the role of SEBI and the NCLT when to be the largest equity fundraise ector and Carlos Ugarte Cruz Coke Mumbai, December 29 even stated targets for acquisition. it comes to reverse mergers and by an Indian highways infrastruc as an Additional Nonexecutive Capital markets watchdog SEBI Typically, the cash raised through mergers, as currently this issue is a ture developer. Director on the board of IRB Infra has ruled out rushing into formu the IPO will come from its spon subject matter of the NCLT. As per the deal, Cintra has inves structure Developers. lating SPAC (specialpurpose ac sors (or founders) and outside in Ajay Tyagi, Chairman, SEBI “That means it is an issue of reg ted ₹3,180 crore through preferen Virendra D. Mhaiskar, Founder quisition company) policy to help vestors. If no target is found, or ulatory control since now any mer tial placement, translating to a Promoter of IRB Infra, will con global/domestic listing of newage none approved by the SPAC’s eign exchanges. ger or reverse merger has to go holding of up to 24.9 per cent tinue as the promoter and single tech companies. The regulator shareholders, the vehicle is un Addressing the press after a through the NCLT. But we are of equity, and Bricklayers Investment largest shareholder with 34 per said there is no pressure now as wound, and the money returned board meeting, SEBI chairman the view (that) everything should ₹2,167 crore also through the pref cent holding in the company and many such firms are already being to investors. Ajay Tyagi said there is a subgroup be under the SEBI because it erential issue, holding up to 16.9 will retain management control. traded on domestic bourses and on SPACs, and they are still work should not be that reverse merger per cent stake. IRB Infra had convened an EGM also because a lot of regulatory Byju’s initiatives ing on the subject. Without preju takes place in its own time On October 26, IRB Infra had an of its shareholders on November clarity is needed for such a policy. Earlier this year, Byju’s and food de dicing their forthcoming report through NCLT,” the chairman said. nounced the equity fundraise 20, to seek their approval for the It may be noted that a SPAC is livery firm Swiggy had written to “let me tell you that since so many The idea of a SPAC listing was in through preferential shares allot equity fundraise. About 95 per formed to raise money through an the Prime Minister, asking him to hightech companies have already the news recently after Byju’s re ment to Cintra INR Investments cent of shareholders, including IPO to buy another firm, and that expedite a policy to allow do completed their IPOs, now the portedly said it was in talks for a US BV, a 100 per cent subsidiary of Cin the large institutional sharehold can be done by acquiring an exist mestic firms to list directly on for pressure on us to formulate a SPAC listing by mid2022. tra Global S.E., which is a 100 per ers, voted in favour of the proposal.
NSE settles STP case with SEBI New Delhi, December 29
The National Stock Exchange of India Ltd (NSE) on Wednesday settled with markets regulator SEBI a case pertaining to alleged violation of Straight Through Processing (STP) services guidelines after paying ₹4.87 crore towards settlement fee. It was alleged that NSE functioned as an STP centralised hub without obtaining the renewal of approval from SEBI and also failed to ensure if its STP service providers were having valid approvals, which resulted in violation of several provisions of the STP guidelines. Generally, financial firms use STP to pass information electronically in order to optimise the speed at which they process transactions. PTI
US stocks open flat, volumes thin December 29 Wall Street’s main indexes opened little changed on Wednesday amid thin trading volumes, as caution kicked in after daily US Covid19 infections hit a record high. The Dow Jones Industrial Average rose 22.93 points,or 0.06 per cent, at the open to 36,421.14. The S&P 500 opened higher by 2.29 points, or 0.05 per cent,at 4,788.64, while the Nasdaq Composite gained 13.20 points, or 0.08 per cent, to 15,794.92 at the opening bell. Six of the 11 major S&P sector indexes advanced. Home Depot and Nike Inc advanced 1 per cent and 2 per cent, respectively, against the backdrop of recent reports suggesting holiday sales were strong for US retailers. REUTERS
Aether Industries files draft papers for ₹1,000cr IPO It may also go in for utilise the net proceeds from the public issue to partly fund preIPO placement
SEBI asking to deposit more money is unreasonable, says Sahara Group ‘Already funds still to be repaid, was far less. Hence, it is an incorrect state worth ₹24,000 cr ment from SEBI to ask Sahara remain unutilised’ to deposit more,” the group said. PRESS TRUST OF INDIA It further said the regulator, New Delhi, December 29 after giving four rounds of ad Sahara Group on Wednesday vertisements in 154 newspa said it is unreasonable to ask pers in the last nine years it to deposit more money as across the country, has repaid funds totalling ₹24,000 crore only ₹129 crore to the in are lying unutilised with reg vestors of Sahara. In its last ad ulator SEBI for the last nine vertisement published in years and it was hurting the March 2018, SEBI made it clear business interests of the that it would not entertain group. any further claim received The statement comes a day taining an escrow account after July 2018, Sahara said. after SEBI Chairman Ajay Tyagi with over ₹23,000 crore. “It means that for SEBI there said Sahara is yet to fully de In a statement, Sahara are no more claimants to be posit the money ordered by Group said Supreme Court paid which is due to the fact the Supreme Court in August had ordered on August 31, that majority of investors 2012 and that the group has so 2012, to deposit principal were already repaid by far given only around ₹15,000 amount and interest assum Sahara; and as per the order of crore while the total amount ing that every depositor has Supreme Court, the amount due to be deposited is ₹25,781 to be paid which was not the of ₹24,000 crore will eventu crore. case and this came to the ally come back to Sahara so knowledge of the court there is no question of further ‘No more claimants’ within three months’ time payment,” the group said. According to SEBI’s FY21 an from pronouncing the order. Sahara maintained that nual report, the regulator had “The Supreme Court took more than 95 per cent of its paid back only ₹129 crore to note of the fact that the num bondholders investors have bondholders and it was main ber of claimants who were already been repaid.
Geojit Financial inducts two new independent directors
It may also go in for utilise the net proceeds from the public issue to partly fund OUR BUREAU preIPO placement its prepayment or repayment Mumbai, December 29 of all or a portion of outstand Geojit Financial Services has appointed OUR BUREAU ing borrowings with ₹211 crore. MP Vijay Kumar and Prof Sebastian Morris Ahmedabad, December 29 as nonexecutive independent directors Suratbased specialty chemicals New manufacturing facility on its board of directors. maker Aether Industries Ltd Aether is also setting up a new A Chartered Accountant, Cost Account has submitted draft papers to greenfield manufacturing facil ant and Company Secretary by profession, raise up to ₹1,000 crore ity at Sachin GIDC in Surat at a Kumar is currently serving as Chief Finan through an initial public offer cost of ₹163 crore. The IPO pro cial Officer of Sify Technologies. He is also a ing (IPO). ceeds will also be used to meet member of IFRS Interpretation Commit The public issue consists of the capex plans. tee of the International Accounting Stand fresh issue of equity shares of The company also looks to ards Board, London, Council Member of the company aggregating to partly utilise the proceeds for Institute of Chartered Accountants of In ₹757 crore, and offer for sale of working capital requirements dia and a nominated member of National up to 27.51 lakh shares by Purn besides general corporate pur Financial Reporting Authority. ima Ashwin Desai, one of the poses. Morris brings experience in academics, promoters of the company. For fiscal 2021, the company’s research and consultancy and administra Also, in its DRHP dated revenues from operations tion. Currently working as a senior pro December 28, the company in stood at ₹450 crore, up from fessor at Goa Institute of Management, formed that it may consider ₹302 crore in the preceding Goa, he was earlier associated with IIM preIPO placement by further is fiscal of 2020. The company re Ahmedabad as professor of Economics for sue of equity shares, through a ported net profits of ₹71 crore 20 years. CJ George, Managing Director, preferential offer aggregating for fiscal 2021, as against ₹40 Geojit Financial Services, said the new to ₹131 crore. crore in the preceding fiscal members bring diverse knowledge, The company proposes to 2020. adding immense value to operations.
OUR BUREAU
Praxis Home Retail settles with SEBI New Delhi, December 29 Praxis Home Retail has settled with regulator SEBI a case of alleged violation of market norms, by paying over ₹20 lakh towards settlement charges. The firm had allegedly failed to make disclosures of certain material events, in accordance with the Listing Obligations and Disclosure Requirements norms. The material events pertained to a petition filed against the company under the Insolvency and Bankruptcy Code to initiate a corporate insolvency resolution process for its failure to make payment. PTI
Nifty 50 Movers � 19.65 pts. BROKER’S CALL TODAY'S PICK Sun Pharma . . . . . . . . . . . . . . . . . . . . . . . . .. . . . 838.80Close(₹). . . . . . . . . . 5.90Pts. . . . . . . . . 32.22PE . . . . . . . .Wt(%)1.21 Reliance Ind. . . . . . . . . . . . . . . . . . . . . . . . .. . 2402.50. . . . . . . . . . 3.06. . . . . . . . . 25.74 . . . . . . 10.41 MOTILAL OSWAL Radico Khaitan (₹1,242.4): Buy Divis LabEicher Motors. . . . . . . . . . . . . . . . . . . . . . . . . . . . . .. .. . . . . . . . . . . . . . . . . . . . . .. . 4621.60 2562.25. . . . . . . . . .. . . . . . . . . . 2.832.63. . . . . . . . .. . . . . . . . . 57.43 41.97 . . . . . . . . . . . . . . . . 0.790.48 Titan Co (Buy) Bajaj Auto . . . . . . . . . . . . . . . . . . . . . . . . . . . .. . 3262.50. . . . . . . . . . 2.60. . . . . . . . . 14.57 . . . . . . . . 0.57 Target: ₹2,830 AKHIL NALLAMUTHU mentum, going forward. Dr Reddys LabIndusInd Bank . . . . . . . . . . . . . . . . . . . . .. .. . . . . . . . . . . . . . . . . . . . .. . . . 4833.15870.00. . . . . . . . . .. . . . . . . . . . 2.502.42. . . . . . . . .. . . . . . . . . 41.00 17.18 . . . . . . . . . . . . . . . . 0.790.70 CMP: ₹2,401.55 BL Research Bureau Moreover, the RSI and the Titan . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .. . 2402.15. . . . . . . . . . 2.15. . . . . . . 121.38 . . . . . . . . 1.34 Titan Company’s sales for Q2FY22 were in The stock of Radico Khaitan, MACD on the daily chart are Bajaj Finserv . . . . . . . . . . . . . . . . . . . . . . . .16249.05. . . . . . . . . . 2.07. . . . . . . . . 35.63 . . . . . . . . 1.32 line (up 64.6 per cent) at ₹7,490 crore, which has been on an uptrend showing fresh uptick. HCL TechMaurti Suzuki. . . . . . . . . . . . . . . . . . . . . . . . . . . . .. . . . . . . . . . . . . . . . . . . . . . . .. . 7350.05 1291.90. . . . . . . . . .. . . . . . . . . . 2.001.61. . . . . . . . .. . . . . . . . . 30.32 52.87 . . . . . . . . . . . . . . . . 1.881.31 although the operating margin at 12.9 per since March 2020, entered a Given the above factors, one SBI Life . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .. . 1185.65. . . . . . . . . . 0.82. . . . . . . . . 96.02 . . . . . . . . 0.70 cent for the quarter (est. 10.7 per cent) came consolidation phase in October can be bullish on the stock. HDFC LifeHero MotoCorp. . . . . . . . . . . . . . . . . . . . . . . . . . . .. . . .. . . . . . . . . . . . . . . . . . . .. . 2433.25644.75. . . . . . . . . .. . . . . . . . . . 0.530.46. . . . . . .. . . . . . . . . 115.64 16.66 . . . . . . . . . . . . . . . . 0.800.42 as a positive surprise and stood at its this year. That is, since past two Traders can go long at current UltraTech Cement. . . . . . . . . . . . . . . .. . 7420.95. . . . . . . . . . 0.40. . . . . . . . . 33.63 . . . . . . . . 1.15 secondhighest level since Q2FY06. months, it has been oscillating levels and add more longs if it Nestle India Ltd.Bajaj Finance . . . . . . . . . . . . . . . . . . . . . . .. .. . . . . . . . . . . . . . . . . .19399.65 6911.65. . . . . . . . . .. . . . . . . . . . 0.370.31. . . . . . . . .. . . . . . . . . 83.45 83.84 . . . . . . . . . . . . . . . . 0.932.46 This led to EBITDA and PAT surpassing our between ₹1,015 and ₹1,200. moderates to ₹1,200. We might Cipla . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .. . . . 935.55. . . . . . . . . . 0.26. . . . . . . . . 29.23 . . . . . . . . 0.64 estimates by more than 20 per cent.What was even more remarkable was that stock broke out of the resistHowever, on Wednesday, the not see a drop below this level.Place initial stoploss at ₹1,135. Britannia IndBPCLTataConsumerProducts Ltd.. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .. . . .. . . . . . . . . . . . . . . . . . . . . . . .. .. . . . 3559.60381.10726.65. . . . . . . . . .. . . . . . . . . .. . . . . . . . 0.040.240.15. . . . . . . . .. . . . . . . . . . .. . . . . . . . . 54.21 83.94 4.44 . . . . . . . . . . . . . . . . . . . . . . . . 0.560.490.58 this margin improvement was achieved in aquarter that still did not see the contribution ance at ₹1,200, turning the outlook positive. Notably, the When the stock moves past₹1,350, revise the stoploss up Asian PaintsICICI BankShree Cement. . . . . . . . . . . . . . . . . . . . . . . . . . .. . . .. . . . . . . . . . . . . . . . . . . . . . . . .. .. . . . . . . . . . . . . . . . . . . . . .26615.35 3367.45735.70. . . . . . . .. . . . . . . .. . . . . . . . 0.080.160.31. . . . . . . . .. . . . . . . . .. . . . . . . . . 97.45 22.28 36.57 . . . . . . . . . . . . . . . . . . . . . . . . 2.036.830.48 from studded jewellery returning to normal breakout is on the back of the wards to ₹1,225. Liquidate the JSW Steel . . . . . . . . . . . . . . . . . . . . . . . . . . . .. . . . 655.90. . . . . . . . 0.33. . . . . . . . . . . 7.95 . . . . . . . . 0.87 levels and witnessed low margin bullion upswing that began a week longs when the price touches UPLHind Unilever. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .. . . .. . . . . . . . . . . . . . . . . . . . . . .. . 2306.85758.35. . . . . . . .. . . . . . . . 0.430.46. . . . . . . . .. . . . . . . . . 15.14 64.44 . . . . . . . . . . . . . . . . 0.562.76 sales as well. Nevertheless, the sharp increase back. This rally has been sup ₹1,425. Indian OilCorp . . . . . . . . . . . . . . . . . . . . .. . . . 111.50. . . . . . . . 0.47. . . . . . . . . . . 4.10 . . . . . . . . 0.38 in sales is likely to have helped Titan on theoperating leverage front. ported by strong volumes aswell. Thus, the breakout is less (Note: The recommendations are ONGCWiproHDFC . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .. .. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .. . . .. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .. . . . 2563.55138.90703.70. . . . . . . .. . . . . . . .. . . . . . . . 0.500.600.75. . . . . . . . . . .. . . . . . . . .. . . . . . . . . 31.74 20.68 4.34 . . . . . . . . . . . . . . . . . . . . . . . . 0.681.396.20 Management has stated that it aims to keep PowerGrid Corp. . . . . . . . . . . . . . . . . . .. . . . 204.60. . . . . . . . 0.79. . . . . . . . . . . 8.77 . . . . . . . . 0.94 jewellery margins in the 1213 per cent range. likely to fail, and the stock canbuild more upward mo based on technical analysis. Thereis a risk of loss in trading.) Coal IndiaNTPC . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .. . . .. . . . . . . . . . . . . . . . . . . . . . . . . . . .. . . . 146.75123.15. . . . . . . .. . . . . . . . 1.011.04. . . . . . . . . . .. . . . . . . . . . . 6.56 7.63 . . . . . . . . . . . . . . . . 0.410.78 Jewellery outlook remains good as well, Adani Ports . . . . . . . . . . . . . . . . . . . . . . . . . .. . . . 722.75. . . . . . . . 1.10. . . . . . . . . 28.34 . . . . . . . . 0.71 commentary. Management has alsogiven the healthy festive season DAY TRADING GUIDE L&THindalcoM&M. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .. .. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .. . . . 1894.85454.25832.70. . . . . . . .. . . . . . . .. . . . . . . . 1.301.311.32. . . . . . . . .. . . . . . . . . . .. . . . . . . . . 26.01 20.90 9.59 . . . . . . . . . . . . . . . . . . . . . . . . 3.070.891.07 indicated significant expansion plans in the Grasim Ind . . . . . . . . . . . . . . . . . . . . . . . . . . .. . 1604.65. . . . . . . . 1.52. . . . . . . . . 11.56 . . . . . . . . 0.82 company’s smaller businesses like Eyewear 17216 • Nifty 50 Futures Bharti AirtelTata Motors . . . . . . . . . . . . . . . . . . . . . . . . .. . . .. . . . . . . . . . . . . . . . . . . . . . . . .. . . . 676.85476.00. . . . . . . .. . . . . . . . 1.741.74. . . . . . . . . . .. . . . . . . . . . . 0.00 0.00 . . . . . . . . . . . . . . . . 2.141.14 and Taneira. S1 S2 R1 R2 COMMENT Tata Steel . . . . . . . . . . . . . . . . . . . . . . . . . . . .. . 1116.25. . . . . . . . 2.02. . . . . . . . . . . 4.01 . . . . . . . . 1.17 At its current valuation of 79.3x FY23E EPS, the 17170 17100 17270 17330 Go long only if the contract breaks InfosysTech Mahindra. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .. .. . . . . . . . . . . . . . . . . . . . .. . 1885.55 1786.85. . . . . . . .. . . . . . . . 2.092.75. . . . . . . . .. . . . . . . . . 38.40 34.37 . . . . . . . . . . . . . . . . 9.361.49 stock’s nearterm multiples appear above 17,270. Stoploss can be TCS . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .. . 3694.70. . . . . . . . 2.83. . . . . . . . . 37.25 . . . . . . . . 5.13 expensive, although its long runway for placed at 17,180. Axis BankKotak Bank. . . . . . . . . . . . . . . . . . . . . . . . . . . . .. . . . . . . . . . . . . . . . . . . . . . . . . . . . . .. . 1764.20670.50. . . . . . . .. . . . . . . . 2.943.62. . . . . . . . .. . . . . . . . . 20.41 35.03 . . . . . . . . . . . . . . . . 2.313.47 profitable growth warrants premium State Bank . . . . . . . . . . . . . . . . . . . . . . . . . . .. . . . 454.40. . . . . . . . 6.02. . . . . . . . . 13.45 . . . . . . . . 2.34 multiples. Titan remains our top pick in the ₹1454 • HDFC Bank ITCHDFC Bank. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .. . . .. . . . . . . . . . . . . . . . . . . . . . . . . .. . 1453.85216.75. . . . . . . .. . . . . . . . 6.667.01. . . . . . . . .. . . . . . . . . 18.39 23.50 . . . . . . . . . . . . . . . . 2.548.52 discretionary consumption space. S1 S2 R1 R2 COMMENT Pts: Impact on index movement 1450 1430 1470 1480 Initiate fresh short positions if the ANAND RATHI stock slips below ₹1,450. Stoploss Ami Organics (Buy) Target: ₹1,354 can be placed at ₹1,470. Apollo Hosp Nifty Next 50 Movers . . . . . . . . . . . . . . . . . . . . . . . . .. . 4976.60Close(₹). . . . . . . . 45.82Pts. . . . . . . . .� 66.7495.50 PE . . . . . . . .Wt(%)4.11pts. CMP: ₹1,057.7 ₹1885 • Infosys Yes Bank . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .. . . . . 13.90. . . . . . . . 14.62. . . . . . . . . . . 0.00 . . . . . . . . 1.08 Ami Organics is one of the major S1 S2 R1 R2 COMMENT Jubilant Foodworks .Lupin . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .. . . .. . . . . . . . . . . .. . 3549.00929.60. . . . . . . .. . . . . . . . 10.9310.76. . . . . . .. . . . . . . . . . . 112.02 0.00 . . . . . . . . . . . . . . . . 2.231.84 manufacturers of pharma intermediates for 1870 1840 1920 1950 Outlook is bullish. Go long now and Cadila Health. . . . . . . . . . . . . . . . . . . . . . .. . . . 469.25. . . . . . . . . . 9.72. . . . . . . . . 20.02 . . . . . . . . 0.99 certain key APIs, including Dolutegravir,Trazodone, Entacapone, Nintedanib and accumulate on dips at ₹1,875 with astoploss at ₹1,845. BioconDabur IndiaPiramal Ent. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .. . . .. . . . . . . . . . . . . . . . . . . . . . . . . .. . . .. . . . . . . . . . . . . . . . . . . . . . . . . .. . 2615.70361.65566.60. . . . . . . . . .. . . . . . . . . .. . . . . . . . . . 8.948.327.49. . . . . . . . .. . . . . . . . .. . . . . . . . . 57.72 55.21 49.97 . . . . . . . . . . . . . . . . . . . . . . . . 1.352.712.61 Rivaroxaban that find application in certain Torrent Pharma . . . . . . . . . . . . . . . . . . .. . 3185.70. . . . . . . . . . 7.31. . . . . . . . . 42.55 . . . . . . . . 1.28 highgrowth therapeutic areas, commanding ₹217 • ITC Sbi Cards And Pay Srv .Gland Pharma . . . . . . . . . . . . . . . . . . . . .. .. . . . . . .. . . . 3901.90920.70. . . . . . . . . .. . . . . . . . . . 4.543.36. . . . . . . . .. . . . . . . . . 83.76 57.36 . . . . . . . . . . . . . . . . 1.261.17 S1 S2 R1 R2 COMMENT significant market share both in India and Acc . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .. . 2162.65. . . . . . . . . . 3.31. . . . . . . . . 19.77 . . . . . . . . 1.50 globally. 216 212 220 225 Go long in the stock of ITC if itbounces from the current levels. IntglobeaviMarico . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .. . . .. . . . . . . . . . . . . . . . . . . . . . . . . .. . 2008.15502.00. . . . . . . . . .. . . . . . . . . . 2.382.22. . . . . . . . . . .. . . . . . . . . 53.16 0.00 . . . . . . . . . . . . . . . . 1.592.13 During the half year results the company Aurobindo Pharma . . . . . . . . . . . . . .. . . . 727.05. . . . . . . . . . 1.74. . . . . . . . . . . 8.17 . . . . . . . . 1.68 posted a growth of 51.1 per cent in its Keep stoploss at ₹212. Muthoot Finance .Bank Of Baroda . . . . . . . . . . . . . . . . . . .. . . . .. . . . . . . . . . . . . . .. . 1493.3080.95. . . . . . . . . .. . . . . . . . . . 0.410.32. . . . . . . . .. . . . . . . . . 14.93 10.77 . . . . . . . . . . . . . . . . 1.331.24 consolidated revenues at ₹235.40 crore(including ₹40 crore from GOL in H1FY22,H1FY21 numbers don’t include GOL numbers,).The operating margins stood at 21 per cent at ₹139137S1• ONGC 135S2 142R1 143R2 Has room to rise. Make use of dipsCOMMENT Hdfc Asset Mgmt Cmp .Indraprastha Gas .BoschPi Industries .Dlf. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .. . . .. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .. . . . . . . . . . . . . . . . . . . . . .. . . . . . . . . . . . . . . . .. . . .. . . . . . .. .16675.85 2418.80 3000.80479.00385.70. . . . . . . . . .. . . . . . . . . .. . . . . . . .. . . . . . . .. . . . . . . . 0.120.190.210.170.06. . . . . . . . .. . . . . . . . .. . . . . . . . .. . . . . . . . .. . . . . . . . . 37.49 23.07 37.84 57.48 58.16 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 1.101.381.171.981.96 ₹49.50 crore while the PAT margins stood at to go long at ₹138. Stoploss can beplaced at ₹136. Berger Paints India .Info Edge (India) .. . . . . . . . . . . . . . . .. . . . . . . . . . . . . .. . . . 5463.30752.20. . . . . . . .. . . . . . . . 0.330.60. . . . . . . . .. . . . . . . . . . . 86.64 8.27 . . . . . . . . . . . . . . . . 1.503.46 13.2 per cent at ₹31.20 crore. The company’s Larsen & Toubro Info . . . . . . . . . .. . 7263.10. . . . . . . . 1.39. . . . . . . . . 60.20 . . . . . . . . 2.71 Punjab Natl Bank . . . . . . . . . . . . . . . . .. . . . . 37.15. . . . . . . . 1.53. . . . . . . . . 10.75 . . . . . . . . 0.91 business is backed by strong and diversified ₹2402 • Reliance Ind. Hpcl . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .. . . . 292.40. . . . . . . . 4.06. . . . . . . . . . . 4.43 . . . . . . . . 1.53 product portfolio ably supported by strong S1 S2 R1 R2 COMMENT Colgate. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .. . 1455.10. . . . . . . . 4.17. . . . . . . . . 37.15 . . . . . . . . 1.59 R&D and process chemistry skills, whichenables it to create entry barriers in the 2380 2350 2425 2470 Go long only if the stock of RILbreaks out of ₹2,425. Keep the Gail (India)NmdcHavells. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .. . . .. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .. .. . . . . . . . . . . . . . . . . . . . . . . . . .. . . . 1393.80132.25131.40. . . . . . . .. . . . . . . .. . . . . . . . 5.015.115.21. . . . . . . . . . .. . . . . . . . . . .. . . . . . . . . 73.22 6.21 3.67 . . . . . . . . . . . . . . . . . . . . . . . . 1.981.232.87 chemicals manufacturing industry.Going ahead, the company plans to increase stoploss at ₹2,355. Adani Transmission .Adani Green Energy .Proc & Gam . . . . . . . . . . . . . . . . . . . . . . . . .. . . . . . . . . . . .. . . . . . . . . . . . .. .15169.00 1727.80 1392.65. . . . . . . .. . . . . . . .. . . . . . . . 6.226.367.12. . . . . . .. . . . . . .. . . . . . . . . 131.77 469.06 79.91 . . . . . . . . . . . . . . . . . . . . . . . . 2.883.440.87 utilisation levels at its newly acquired facility ₹454 • SBI Bajaj Holdings . . . . . . . . . . . . . . . . . . . . .. . 5032.55. . . . . . . . 7.46. . . . . . . . . 13.73 . . . . . . . . 1.53 and further to incrementally add capacities to S1 S2 R1 R2 COMMENT Indus Towers .CholamandalInvesFinance . . . . . . . . . . . . . . . . . . . . . .. . . .. . . . . 244.95517.30. . . . . . . .. . . . . . . . 7.507.72. . . . . . . . .. . . . . . . . . 12.42 26.63 . . . . . . . . . . . . . . . . 1.631.67 aid growth through launch of new products 450 444 463 467 Resistance ahead. Go long with a Siemens. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .. . 2380.35. . . . . . . . 7.79. . . . . . . . . 80.72 . . . . . . . . 1.74 and increase in volumes in existing products. stoploss at ₹459 only if the stock Icici Lombard Gic . . . . . . . . . . . . . . . . .. . 1380.20. . . . . . . . 7.98. . . . . . . . . 53.84 . . . . . . . . 2.89 With presence in high growing and niche breaks above ₹463. United SpiritsBandhan Bank. . . . . . . . . . . . . . . . . . . . . .. . . .. . . . . . . . . . . . . . . . . . . . .. . . . 891.65250.10. . . . . . . .. . . . . . . . 8.198.49. . . . . . . . .. . . . . . . . . . . 78.98 0.00 . . . . . . . . . . . . . . . . 2.181.39 markets Ami Organics Limited is set to Godrej Consumer . . . . . . . . . . . . . . . .. . . . 960.75. . . . . . . . 9.04. . . . . . . . . 55.80 . . . . . . . . 2.98 continue to post better growth in the mid ₹3695S1 • TCS S2 R1 R2 COMMENT Jindal SteelAmbuja Cements . . . . . . . . . . . . . . . . . . . . . . . . . .. . . . . . . . . . . . . . . . . . . . .. . . . 376.15375.80. . . . . . . .. . . . . . 11.119.89. . . . . . . . . . .. . . . . . . . . 17.56 4.07 . . . . . . . . . . . . . . . . 1.262.27 term. We initiate our coverage on the stock Pidilitind . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .. . 2450.25. . . . . . 11.82. . . . . . . . . 92.43 . . . . . . . . 3.07 with a Buy rating and a target price of ₹1,354. 3666 3630 3725 3770 Consider going long if SBI reboundsfrom ₹3,666. Place stoploss at IPrulifeSailAvenuesuper. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .. . . .. . . . . . . . . . . . . . . . . . . . . . .. . 4683.95554.85106.40. . . . . .. . . . . .. . . . . . 11.8711.9314.40. . . . . . .. . . . . . . . . . .. . . . . . . 127.12 220.84 3.34 . . . . . . . . . . . . . . . . . . . . . . . . 1.771.264.24 BusinessLine is not responsible for the recommendations ₹3,600. Vedanta . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .. . . . 339.45. . . . . . 23.93. . . . . . . . . . . 5.50 . . . . . . . . 3.62 Adani Enter. . . . . . . . . . . . . . . . . . . . . . . . . .. . 1718.05. . . . . . 31.15. . . . . . . 166.36 . . . . . . . . 3.88
==> picture [171 x 143] intentionally omitted <==
PERSONAL CHANGE OF NAME I, J Divakar S/o. J Mohan Rao R/o. L/ 29, Unit No: 04, New Settlement, Ward 18, Kharagpur, West Bengal, District: Paschim Medinippur-721301. Have changed my name and shall hereafter be Known as Divakar Janapareddy. BUSINESS OFFER FINANCE Earn Regular income 10% monthly in Stock Market with help of our strategy. WhtsApp: +918977026689, Visit our Website: https://bankniftysignals.com
==> picture [341 x 483] intentionally omitted <==
BusinessLine is not responsible for the recommendations sourced from third party brokerages. Reports may be sent to: [email protected] S1, S2: Support 1 & 2; R1, R2: Resistance 1 & 2.
Pts: Impact on index movement
CM YK
� ��� 30 ������ 2021
�����
�������� � ������ ���������� ������ ����������� ����� ��� �������� ������ ���� ���������: ����� ����� ��ž � �: � �� � � �� � � �� �� �� �� � �� � � � � � � �� � � �� �� � � � � � � � ��������� ��������������: ����� ����� �� � �� �� � �� �� �� � �� � ��. � �. ��, ��. ��. �� � � �� � �� � � � � � �� � � � � � � � � � ��ž � �: �� �� �� � � �� �� � � �� �� �� � �� � � � � � � � � � � � � � � �� � � � . �� � � � �� � � �� �� � �� � � �� � � � �� � � �� � �� � � �� �. �� � � �� �� � ��. � �� �� �� �� �� �� � �� � � � � � � �� � �� � � � �� � � � � �� � �� �� � �� �� � �� � �� � � �� �� � �� �� � � � � �� �� �� �� �� �� � �� � � � � � � �� � �� � � � � �� � �� � � � �� �� �� � � � � � �� �� � . �� � �� � � � � � � � � � � � � � � � �� � � �� � � �� �� � �� � � � � � �� � � � � � � � �� � �� �� � �� �� �� �� � � � � � � � �� � � � � � � �� � � � � � �� � �� � � � � � �� � � �� �� � ��. �� �� �� � � � � � � � �� �� �� �� �� �� � � � � � � � � � �� � � � � � . � � � � � �. � � � 319 � � �� � � � �� � �� �� �� �� �� �� � �� �� � � �� �� � � �� � � � � � ��� �� � � � � �� �� � �� �� �� � ��� � �� �� �� �� � � � � �� � � �� � �� �� �� �� � �� �� �� � � � �� � � �� � � �� �� � � � � � � � �� � � � � � � � �� � � � �� �� �� �� � � �� �� �� � � � � � �� �� � � � � � �� �� � �� � � � � �� �� �� � �� �� � ���. � � � � � �, ��. ��. �� � �� � ��. �� �� �� � � � � ��� �� � �� �� � � � �� �� �� �� ��. � �� �� �� �� �� �� � �� �� ��. � �� � � �� � � �� � � � ��. �� �� �� �� � � � � � � � � � � � � �� �� �� �� � � � � � � �� �� � � �� � � � �� �� � �. � �� �� � � �� �� � �. � � �� � � � �� � � � �� � � � � �� � �� �� � � � � � � � � �� �� � �� � � � �� � �� �� � � � � � � � � � � � � � � � �� � �� � �� � �� � �� �� �� � � � � �� � � �� � �� � � � � � � � . � � �� � � � � � � � � �� �� � � � �� � �� � � � � � �� �� �� � � � � � �� �� � �� � � � � � �� � � �� �� � � � � � � �� � � � � �� � �� � � � � � �� � � �� �� � � � � � �� �� � �� � �� �� �� � �� �� � �� �� � �� �� � � �� � � � � � � � �� �� � �� � �� �� � � � � �� � �� �� �� � � � � � ��. �� �� �� �� � � �. � � � � � � �� �� � �� �� �� �� �� � � � � � � � �� �� � � �� � �� � � �� � � � � � � �� �� �� � � �� � � � � � � � � � �� � � � � �� ��� � . � �� �� � �� � �� � �� � � �. �� �. � � �� �� � �� �� � �� � � � �� �� � � �� � � � �� � �� � �� �� �� � � � �� � � � �� �� �� �� � � � � � � �. � � ����� ��� �� �� � ��� � �� � ��������� ������������ ��� ���������� � � �: � � � �� �� �� � � � � � �� � �� � �� � � � �� �� � � � � �� � � � � � � � �� � � �� �� � � � � �� � � � � � �� �� �� � � � �� � � � � �� � �� � � � � �. ����� ������� ����� � �� � � � � � � � � � � �� � � � � � � � �� �� � �� � �� � � �� �� � � �� �� �� �� � �� �� �� : �� � � � � � � � � � �� �� � � �� � � � � � � � �. � �� �� �� . � �� �� �� �. � �� � � � �� � � � �� � � �� �� � � � � � � � � � � � � �� �� �� � � � � � � � � �� � � � � �� � � � �� � � �� � � �� �� � � �� � �� � � �� � �� � � � � �� �� �� � � � � � � �� �� � �� � �� � � � �� � � �� � � � � �� �. � � � � � � �� � � � � � � �� � � �� � �� � �� � �. � � �� � �� � � � �� � � � � � � � �� � �� � � �� � ��� �� � � � � �� �� � �� � � � � � � � � � � � � � �� �� �� � � � � � � � � � � �� � � � � � � �� � �� �� ��. � � �� � � � � �� � � � � � � �� � � �. . � . ""� � �� � � � �� �� � � �� � �� �� �� � . � � � � � �� � � �� �� � �� �� � � � � �� ������, ������� � � � � �� � �� � � � � � �� � � � � �� � �� � � � � �� � �� �� � �� � � �� � � � � �� �� � �� ��, � � �� �� � �� ��, � � � � � � � �� � �� � � �� � � � � �� �� �� � � �� � �. � �. � � � �� � �� � � � �� � � � �� � � � � �� �� ��, �� �� � �, � �� � � �� � � � � � � � �� � �� �. � � � �� � � � � � � � . �� � � � � � � � � � � � �� � � �� � � � � � �� � � � � �� � � � �� � ""� � � � � � � 51 � � � � � �� �� � � �� � � � �� � � � � � �� � � � � �� � � � � � �� � � � � � � � � �� � �� � ��� �� � � � � �� � ��, � � � �� �� �� � � ��. � � � . � �� �� � , � �� � �� �� ��. � �� � � � � � �� �� � �� �� �� � � � � � � �� �� � , �� � �� � �� � �� � � � � �� � � � � � � � �� � � � � �� � �� �� � � � � � � � � � � � � � � � � � � � �� � ''- � � � � � � � � �� � �� � �� � �� � � � � � � ��� �� � � � �� � � � �� � �� � ''- �� �� � � �� � � �� � � . �� � �. � � � �� � � �� �� � �� �� �� �� � � �� �� ��.
��� � � ������ ��� ��� ����� �� ���
-
��ž � ��: �� � �� � �� � �� � � � �� �� �� � �� � �� � �� � �� �� �� � � � �� � �� �� � � �� � . � � � � �� � � �� � �� �� � . �� ��-501 �� � � � �� �� �� �� � �� � � � �� �� �� � � � � � � �� � �� �� � � � �� � �. �� � �� � �� � � � � �� � � � �� � � 054�/ �� � � �� � �� �� � � � � � � � � � � �� �� � � � ��-9 �� � � �� �� � � �� �� � �� � � � . � �� � � �� �� �� �� � �� � �� ��. � � � � �� � � ,
-
�� �� � � � � � �� �� � �� � � � �, � � � � �� � � � � � � �� �� �� � � � � � �. �� � �� � �� � � � ��-70 � � � �� �� � �� �� �� � � �� � � � �� � �� � � � � � �� ��. ���� ����� ����: ������� ����� ����� ������ ����
� �� � � � � � �� ��. ���� ����� ����: ��������� ������������ ������� ����� ����� ������ ���� ��ž � ��: � � � � � � �� �� �� �� � � � � �� �� � � � � � � �� � � ����� ������� ����� �� � � �� �� � � �� �� � . � �� � � � � � �� � � � : �� � � � � � � � � � �� �� � � �� � � � � � � � �. � �� �� �� . � �� �� �� �� � � 12.30�� � � � �� �� �� �� � � � � �� � � � � � � � � � � � � � �� �� �� � � � � � � � � �� � � � � �� � � � �� � � �� � � � � � � � �� � � � � �� �� �� � � � � � � �� �� � �� � �� � � � � � � �� � �� � � ��. �� � �� � � � � � � � �� � � �� � �� � �� � �. � � �� � �� � � � �� � �� � � � � 10 �� �� � �� � �� � � � � � � � � � � � � � �� �� �� � � � � � � � � �� � �� �� � � � � � � �� � � �� � � � � � � � �� � � � � �� � � � � � � �� � � �. . � � 20,000 �� �� �� � �� � �� � . � � � � � �� � � �� �� � �� �� � � � � �� ������, ������� �� � �� �� �� �� � . � �� �� �� � � �� � � � � �� � �� �� � �� � � �� � � � � �� �� � �� ��, � � �� �� � �� ��, � � � � � � � � � � � � � �� � �. � �. � � � �� � �� � � � �� � � � �� � � � � �� �� ��, �� �� � �, � �� � �� � � �� 6000 � �� � �� �� � � � �. 2000 � �� � �� � �� � � � � � � � . �� � � � � � � � � � � � �� � � � �� � ""� � � � � � � 51 � � � � � �� �� � � � � � �� �� �� � � � � �� � �� � �� �� � � � � � � �� � � � � � � � � �� � �� � ��� �� � � � � �� � � � � � . � �� �� � , � �� � �� �� ��. � �� � � � � � �� �� � �� �� �� � � � � � �� � � � � � �� � � � � �� � �� �� � � � � � � � � � � � � � � � � � � �� �� � �� � � �� �� � � � � � � � � ��� �� � � � �� � � � �� � �� � ''- �� �� � � �� � � �� � � . � �� �� � �.
� ���� � �� � � �� �� � �� ��: � � ��� � �� �� � �� ��
������� ������������� ������ ������ 25 �� ����
������� ������������� � ���� � �� � � �� �� � �� ��: � ��� ����� ���� ������ ������ 25 �� ���� � � ��� � �� �� � �� �� �� �� ��� � �� ��ž � �: �� � � � 25 � � � ��� ��� � � � � �� � �: � � � �� � � � �� �� �, � � � � , �� � � � � � �� � �� � � �� � � ��� � � � � � � �� �� �� �� ��. � � � � �� � �� � � � �: �� � � � � � � � � � � �� �� �� � � � � � � � �� � � �� � �� � � �� � � �� �� �� �� �� � � � �� � � � � � � �� � �� �� � � � � � �� �� � �� � � �� � �� � � � �� � �� �� � �� � � � �� � �� � � � ��� � � �� � � � � � � � � � � � � � �� � �� �� � �� � � � �� � � � � �� �� �� � � �� �� �� � � � � � �� � �� �� � � � �� �� �� � �� �� 25 � � � ��. �� �� � � � � �. � � � � � �� 30 � � � � �� � � � � � � �� �� � � �� � � �� �� � � � � �� � �� �� ��� � � �� � � � � � � �� � � �� � � �� � � �� � �� �� � � � � �� � � . �� � � � �� � � � �� � � �� �� �� �� � � �. � � �� � � � � �� �� �� �� � � � � �� ��� �� � � ��. � � � � � �� � � �� 26 �� � ������� � � �� �� ��� �� �� �� �� � ��. 2018� 16, 2019 � � � �� � 17, � � � ��ž� � � � � �� � � �� � �, � �� � �� �, � ��� � � � � �� � �� � � � � �� �� �� � � �� � � �� �� � �� � �� � � �� � �� � �� �� � �� � �� � ��. � � � �� �� � �� �� � � � �� �� �� � � � �� �. � � � � �� �� � �� � �� � � �. � �� �2020� 24 � � � � � � � � � �� �� �� �� ��� �� � �� � � � �� � �� �� ��, �� �� � � ��� � � � � �� � � � �� �� � �� � � � . � � � �� �� �� � �� �� �� �� � � � � ��� �� �� � �� �� � �� �� �� � � �� � � �� �� � �� � � � �� �� ���� �""�� � �� � � � � � � � �� � �� � �� �� . � ��� � �� ��. � �� � � �� � �� �� � � � � 2022 � ��� �� � �� �� �� � �� � �� � �� 26 � �� � � � � . �� ��� �� �� � �. �� � ��� �� �� � � � �� � � � �� � �� � � �� �� �� � � �. �� �� �� � �� � ��� � ��� ���� � � � � � �� � � � �� �� �� � � � �� �. �� � �� �� �� �, �� � � �� �� �� �� ��� ����� � �, � �� �� � � � �� � �, � � �� � � � ��, � � �� � � � � �� �� ��, �� �, �� �, � � � �� �� � , �� � � ��� ���� � � �� � �� � � � �� �� �� �� � � �� � � � � �� �� � � �� ��ž �� � �� �� � � � � �� � � 70,000 �� � � � ����� � � �� �� �� � �� ��� � �� � �� � � � � � � �� � �� � �� �� �� �� �� � �� � � � � � � � �� � . ��� � �� ��� ��� � �� � � �� � ��� �� � � � � � �� � � � �� �� �� ���� � � �� �� � � � �� . �� �� � �� � � �� � �� �� . �� � � �''- ��� �� � � �� � � � � � � � � �� �� �� �� �� � �� � � ��. �� � � �� ��ž� � �� �� � �� � � �� �� � �� �� � �, � � � ��� � � ��, � � �� � � �� �� � � �� � � � ���� �� �� � � � � . 50,000 � � � � � �� � �� ��� �� � � �� �� �� � ��� � �� � � � � � � ��� �� �� � �� � � �� �� �� �� �� � � � � �� 25 � �� � �� � �� � �. �� � � � �� �� � � � �� �� � � �, �� � � �� � � � �� � � �� �� �� � � �� � � � � �� �� �� �� �� � � � � � � � �� � �� � � �� � � �� � � � �� � �� � � � �� � � , �� � ��, � � �� �� � � � �� � � �� � � �� � � �� � � � � � � � � � 25,000 �� �� �� �. � �� �� � �� � �� �� � � � �� � �� �� � � � � �� � � �� � �� � �� �� � �� � �� � � � � � �� � � �� � � � �� � �� �� �� � �� � �� � � �� �� �� ��. �� � � � �� � � � �� � �, �� �� �� �� �� �� �� �� � ��. � � � �� � � �� � � � �� � � �� ��. � � ��. � �� �� � � � �� � �� � �. �� � � �� � � , �� � �� � �� � � � � � � � � � � �� � � � � �� �� � �. � �� � �� � � � � � �� � � � � � �� �. �� �� �� �� �� � � � � � �� �� ��. ��. � �� � � �� � � �� � � �� � � � � � � �� � � �� � � � � �� � � � � �� � � � �� �� �� �� � � � �: �� � � � �� � �� �� �� � �� � �� � �� �� � � � � �� �� �� � � � � � � � � �� � � � � � � � � � �� � �� � � � � � � � �� �� � � � �� � � � �� � � � � � �� � � � � � � � � � �� �� �� � � �� � � � � � � � � � � � �� �� � � � ��� � �� � � � �� �� � � �� � � �� � � � �� �� �� � � � � � � � � �� �� � � � �� � . �� � � � �. � � � � � � � �. � �� � � � � � � � � �� �� � � � � � � �� � �� � �� � �� �� �� � � � � � � �� � � � � � �� �� � � � � � �� � � �� �� � � �, � � �� � �� � �� � � � � � � � �� � � �� � � �� � � � � �� � � � �� � �. �� � � � � � � �� �� �� � � � �� � � �� � �� � � �� �� � � � �� � � � �� � � �� � � � � � � � �� � �� ��� �� �� �� �� �� � �� �� �� �� � � � � � �� � �� � �� � � �� �. � � �, � �� � � � �� � � � � �2021 ����������. ��� ����������������� ����������������� � � �� �� � �� � � � � � �� � � � �� �� � � � � � � � �� � � �� �� � � � �� �� ��. �� �� �,�� � � � �� �� � � �� � �� � �� �� � � � � � �� �� � �� � � �� � ��. � ��. ��. � � ��� �� � � � �� � � � � � � � �� �� � . �� � �� � � � �� � �� �� � �� � � ��, ��. �� � � � � � �� � � � � � � � �� �� �� � � �� �� � �� � � � �� ��. � � � � � � ��� �� � �� � � � �� �� �� �� � , �� �� �� �� � � �� � �� �� � . �� � � � � �� � � � � � �� �� �� � � � �� � � � � � � � �� �� � � � � � � �� � �� � �� � �� � � �� � � �� � � � �� � � � � �� � �� � � � � � �� �� � � � � � � � �� �� � � �� �� �� � �� � � � �� � � � � � � 33 �� � � �� �� � �� � . ��. ��. � �� � � �� �� �� �. ��. ��. ��. � � � � � � � �� � � � � �� � � � � � �� � �� � � � � � �� � � �� � �� � � �� � � � � � �� �. � � � � � �� � �� �� � � �� � �� � � � � � � �� � � � � � � �� �� � �� � � � � � �� �� �� � � � � �� � �� �� �� � � � � �� � �. �� �� �� ���� � � � ��� � �� � � � � � �� �� � � � � � �� � � � �� � � � � � �� � � � ��� � � � �� � � � � �� � �� � � � � �� � � � �� �� � � �� � � � � �� � � � �������� ���� ������. ���������, � � � � �� � � � � � � �� � �� �� �� �� � �� � � � � � �� �� �� �� � � � � �� �� �, �� � �� �� �� � � � �� �� � � � � � � � � � � � ��� � � � � � � � � �� ����� � � � � �� � � � � �� �� �� � � � � � � �� � � � � �� � � � �� � �� �� � � � � � � � � � � � � � � �� � �� �� �� � �� � � � ��. � � � � �� � � �� �� � � �� � �� �� �� � ��. � ��. � ��Ž. � � �� � � � � � � � � � �� �� � �� �� � � � �� �� � �. � � � �� �� �� �� �� � �, ��. � �� � � �� � ��. �� �� � � � , �� �� � � �� �� �� � �� � �� � �� � �� � � �� ��. � � � � �� � � � � � � �� �� �� � � � �� � � �� � �� �. ��. � �� � � � � � � �� � � � � � �� �� �� �� � � � � � � � � �� � � � � � �� � � �. �� � � �� � � �� � �� �� � 21 �� � � � � � � �� � � ��. � � � � � � � � � � �� �� � � � � � �� � � � � � � � � ��. � �� � � � � �� � � � �� � ��. � � � � �� � �� � �� �� � � � � � � �� � � � � � � � � �� �� � � � � � �� �� � �� �� �� � �� � �� �� �� � �� � � �� �� � � � � � � � �� � � � � � �� � � � � � �� �� �� � �� � � � � �� � � � �� �� � � �� � �. � � � � � � � � � � �� �� �� � � � � �� � � � �� �� �� �� � � � � � �� �� �� � �� � . �� �� � � �� � �� � �� � �� � � �� � �� � � � ��. �� �� � � ��. � � � �� � �, � � � � � � � � �� � � � � � � � �� � �� � �� � � �� � � �� � � � �� � � � �, �� �� �� �� � � � � � � �� � � � ��. � � �, �� � �� � � �� � � � �� �� � � �� � �� �� �� � � � �� � ��, �� �� � � � � � � �� � � �� � �� �� � � � , ��. ��. �� �� �� � �� � � � �� � �� � � � �� �� � � � � � ��- �� �� �, � � �� � � �� �� � � � � � � �� �� � �� � � �� � �� � � �� �� � � � � � � �� � � �� � � �� �� � � � � � �� �� �� � � �� �� � � � � �� � �� � �� � � � � � � � � � � �� �� � � � � � �� � � �� � � � �� � � �� � � � � �� � �� �� � � � �� � � �� �� �� � � � � � �� ��. � �� �� �� � � �� � � � � � � � �� �� �� �� �� �� � � � � �. � � �, � � ��. �� � � � � �� �� � � � � �� �� � . �� � �� � � � � �� �. � � �, � � � � � � �� � � � ��� � �� � �� �� �� �� � � � �� � � � � � � � �� ��� � � � � � �� � � � �� �� � �� � � � � �� � � � �� � �� � � � � � � �� � � � �� �� �� �� � � �� � �� � �� � �� � �� � � � �� .