Institutional Equity Research NIFTY 17132 IN FOCUS September 01 2021 Support 16981 Stock in Focus SHREE CEMENT MARKET LENS 16830 Intraday Pick BHARATFORG Resistance 17219 Intraday Pick GRASIM 17305 Intraday Pick ITC

EQUITY INDICES

Indices Absolute Change Percentage Change Domestic Last Trade Change 1-D 1-Mth YTD BSE Sensex 57,552 662.6 1.2% 8.7% 20.5% CNX Nifty 17,132 201.2 1.2% 7.9% 22.5% S&P CNX 500 14,556 158.0 1.1% 5.6% 26.4% SENSEX 50 17,989 208.0 1.2% 7.9% 22.9%

International Last Trade Change 1-D 1-Mth YTD DJIA 35,361 (39.1) (0.1%) 1.5% 15.5% NASDAQ 15,259 (6.7) (0.0%) 3.9% 18.4% NIKKEI 28,403 313.5 1.1% 2.3% 3.5% HANGSENG 25,835 (44.0) (0.0%) (1.4%) (5.0%)

ADRs / GDRs Last Trade Change 1-D 1-Mth YTD Dr. Reddy’s Lab (ADR) 64.2 1.0 1.6% 2.5% (9.9%) STOCK IN FOCUS (ADR) 19.7 (0.1) (0.4%) (0.8%) 56.2% (ADR) 23.8 0.1 0.4% 7.0% 40.5% f Shree Cement (SRCM) continues to remain one of the leading ICICI Bank (ADR) 19.6 0.3 1.7% 6.6% 32.0% players in Northern and Eastern market despite key peers ramping HDFC Bank (ADR) 78.3 0.2 0.2% 10.7% 8.4% up its presence through organic and inorganic ways. We believe (GDR) 55.4 4.0 7.8% 14.5% 31.0% SRCM will continue to strike right balance between growth and Reliance Ind (GDR) 61.9 1.2 1.9% 10.6% 13.1% balance-sheet, going forward. COMMODITY MARKET f SCRM plans to double its capacity to ~80mnT in next 6-7 years and Key Commodities Last Trade Change 1-D 1-Mth YTD 57mnT in next three years. It has already announced 3mnT clinker Brent Crude ($/bl) 71.9 0.2 0.4% (1.4%) 38.8% expansion in Raipur. Notably, 3mnT Grinding Unit (GU) in Odisha has Silver ($/Oz) 23.9 (0.1) (0.4%) (6.5%) (10.1%) been commissioned recently and 3mnT GU in Pune is expected to be Gold ($/Oz) 1,814.9 (3.3) (0.2%) (0.4%) (4.8%) commissioned shortly. Copper LME ($/MT) 9,463.3 (64.5) (0.6%) (1.5%) 22.1% f We believe SRCM has been moving in the right direction in its pursuit Aluminium LME ($/MT) 2,710.3 1.0 0.1% 3.5% 37.0%

to dominate the markets by adding capacity at regular intervals, CURRENCY RATES which we expect to aid the company in growing its market share Last Trade Change 1-D 1-Mth YTD and profitability without much stress on balance sheet. Hence, its USD/INR 73.2 (0.32) (0.4%) (1.8%) (0.1%) premium multiple is expected to sustain, going forward. EUR/INR 86.7 (0.07) (0.1%) (2.2%) (3.6%) f We have fundamental BUY rating on the stock with 2-Year Target RATES Price of 35,000. Last Trade Change 1-D 1-Mth YTD T-Bill - 91 D 3.3 0.00 0.00 (0.03) 0.08 10 Year G-sec Yield 6.2 (0.01) 0.00 0.00 0.05 Intraday Picks BHARATFORG (PREVIOUS CLOSE: 767) BUY INVESTMENT ACTIVITY (RS. CR) For today’s trade, long position can be initiated in the range of Rs761- Category BUY SELL NET Prev 756 for the target of Rs790 with a strict stop loss of Rs744. FII 22,832.9 1,8951.8 (3,881.2) 1,202.8 DII 5,991.8 7,864.2 (1,872.4) 688.9 GRASIM (PREVIOUS CLOSE: 1,500) BUY For today’s trade, long position can be initiated in the range of Rs1,492- EXCHANGE TURNOVER 1,485 for the target of Rs1,530 with a strict stop loss of Rs1,464. Exchange Rs Crore BSE Equity 6,221.3 ITC (PREVIOUS CLOSE: 211) BUY BSE Derivatives 3,02,317.5 For today’s trade, long position can be initiated in the range of Rs210-208 NSE Equity 83,174.5 for the target of Rs217 with a strict stop loss of Rs206. NSE Derivatives 55,63,110.6

1 Institutional Equity Research NIFTY 17132 IN FOCUS September 01 2021 Support 16981 Stock in Focus SHREE CEMENT MARKET LENS 16830 Intraday Pick BHARATFORG Resistance 17219 Intraday Pick GRASIM 17305 Intraday Pick ITC

Technical Research

MARKET SYNOPSIS f On Tuesday, NIFTY-50 remained up-beat right from the beginning and recorded new high of 17,153.50. Finally, the index finished trade with the gain of 201 points at 17,132-level. f NSE Cash segment reported turnover of Rs83,175 crore as compared to Rs60,455 crore reported earlier. f Overall market breadth remained flat, where 999 stocks advanced against 1,001 declined stocks. f Positive trend was observed across sectoral indices during the day barring Media (declined marginally), where IT, Health Care and Metal emerged as top gainers with the increase of 1.4%-1.5%.

NSE-NIFTY OUTLOOK f Continuing its prior rising trend, NIFTY-50 recorded new high. The index closed on positive note for straight 7th trading session. Overall market breadth was flat, while positive trend witnessed across the major sectors. Its key moving averages are sloping upwards on the hourly timeframe chart, but its RSI reached into overbought zone. As per the current set-up, prevailing rising trend will continue, which could take the index towards 17,300 level. However a consolidation or a pullback will provide better risk reward for fresh entry. On the lower side, the index will find support at around 16,900-level. f As for the day, support is placed at around 16,981 and then at 16,830 levels, while resistance is observed at 17,219 and then at 17,305 levels.

2 Institutional Equity Research NIFTY 17132 IN FOCUS September 01 2021 Support 16981 Stock in Focus SHREE CEMENT MARKET LENS 16830 Intraday Pick BHARATFORG Resistance 17219 Intraday Pick GRASIM 17305 Intraday Pick ITC Derivatives Snapshot f NIFTY50 opened flat and gained traction in the second half to close near all time high. Nifty closed up by 201 points at 17,132 levels. Among the nifty stocks 42 advanced and 7 declined during the day. f Among sectors there was positive momentum across sectors with IT, Healthcare and Metals sectors to gain by 1.5% average while other sectors gained by 0.5% for the day. f Broader market indices remained positive with NIFTY 100, 200 and 500 to close up by 1.3% average while midcap indices and small cap indices gained by 0.7% for the day. f Nifty Sep futures end with 10 points discount at 17,122 mark while on other hand, Bank Nifty Sep futures ended with the premium of 88 points at 36,513 mark. f Nifty has closed at all time high and VIX has gained by 8% higher, so we expect volatility to increase from current levels. On the higher side 17,300 has witnessed sharp call addition in OI. Sectoral Activity: Amongst sectoral index IT and Metals remained in focus with positive momentum. Stock Activity: Tech Mah and Hindalco have witnessed long buildup in today’s trade.

3 Institutional Equity Research NIFTY 17132 IN FOCUS September 01 2021 Support 16981 Stock in Focus SHREE CEMENT MARKET LENS 16830 Intraday Pick BHARATFORG Resistance 17219 Intraday Pick GRASIM 17305 Intraday Pick ITC Pivot Table Name LTP Support 2 Support 1 Pivot Resistance 1 Resistance 2 SENSEX 57,552 56,071 56,480 56,719 57,129 57,368 Nifty 50 17,132 16,696 16,813 16,882 17,000 17,069 NiftyBank 36,425 35,479 35,914 36,156 36,590 36,833 ADANIPORTS 748 723 726 731 735 739 ASIANPAINT 3,201 3,024 3,066 3,090 3,133 3,157 AXISBANK 787 740 762 776 798 811 BAJAJ-AUTO 3,728 3,676 3,698 3,727 3,750 3,779 BAJAJFINSV 17,149 16,137 16,349 16,472 16,684 16,807 BAJFINANCE 7,525 6,897 7,031 7,114 7,248 7,331 BHARTIARTL 664 577 599 612 634 647 BPCL 472 470 471 473 474 476 BRITANNIA 3,998 3,909 3,948 3,971 4,009 4,032 948 915 925 931 941 947 COALINDIA 146 137 140 142 146 147 DIVISLAB 5,174 4,852 4,978 5,056 5,182 5,260 DRREDDY 4,704 4,530 4,604 4,652 4,726 4,774 EICHERMOT 2,679 2,507 2,530 2,569 2,593 2,632 GRASIM 1,500 1,451 1,461 1,472 1,482 1,493 HCLTECH 1,182 1,147 1,155 1,163 1,171 1,179 HDFC 2,799 2,706 2,731 2,748 2,773 2,790 HDFCBANK 1,581 1,545 1,557 1,563 1,575 1,582 HDFCLIFE 718 703 708 711 715 718 HEROMOTOCO 2,742 2,663 2,695 2,712 2,744 2,761 HINDALCO 468 435 442 447 453 459 HINDUNILVR 2,724 2,654 2,671 2,688 2,705 2,723 ICICIBANK 719 696 705 710 719 724 INDUSINDBK 992 982 994 1,003 1,014 1,024 INFY 1,706 1,674 1,686 1,702 1,714 1,731 IOC 111 105 106 107 108 109 ITC 211 205 207 207 209 210 JSWSTEEL 688 677 682 688 693 699 KOTAKBANK 1,754 1,707 1,721 1,730 1,745 1,754 LT 1,672 1,624 1,642 1,663 1,682 1,703 M&M 793 778 785 790 796 801 MARUTI 6,846 6,597 6,697 6,754 6,853 6,910 NESTLEIND 19,468 19,411 19,577 19,850 20,015 20,288 NTPC 116 112 114 115 116 117 ONGC 121 115 118 119 121 123 POWERGRID 175 171 173 175 177 178 RELIANCE 2,258 2,222 2,246 2,261 2,285 2,300 SBILIFE 1,192 1,163 1,172 1,185 1,194 1,208 SBIN 426 410 416 420 426 430 SHREECEM 28,288 26,547 26,852 27,136 27,442 27,725 SUNPHARMA 794 757 772 783 799 810 TATACONSUM 865 845 853 858 866 871 TATAMOTORS 287 288 290 292 294 295 TATASTEEL 1,450 1,381 1,411 1,428 1,458 1,475 TCS 3,786 3,657 3,679 3,710 3,732 3,763 TECHM 1,448 1,391 1,405 1,430 1,444 1,469 TITAN 1,922 1,811 1,845 1,866 1,900 1,921 ULTRACEMCO 7,832 7,500 7,602 7,673 7,775 7,845 UPL 741 724 732 738 747 753 641 625 629 634 638 643

4 Institutional Equity Research NIFTY 17132 IN FOCUS September 01 2021 Support 16981 Stock in Focus SHREE CEMENT MARKET LENS 16830 Intraday Pick BHARATFORG Resistance 17219 Intraday Pick GRASIM 17305 Intraday Pick ITC Simple Moving Average Scrip Name Close Rate 20-SMA 50-SMA 100-SMA 200-SMA HIGH_52WEEK LOW_52WEEK SENSEX 57,552 55,352 53,749 51,961 49,998 57,625 36,496 Nifty 50 17,132 16,500 16,069 15,566 14,852 17,154 10,790 NiftyBank 36,425 35,792 35,349 34,479 33,430 37,709 20,405 ADANIPORTS 748 705 702 735 643 901 312 ASIANPAINT 3,201 3,028 3,022 2,889 2,678 3,210 1,881 AXISBANK 787 754 751 732 701 799 400 BAJAJ-AUTO 3,728 3,768 3,920 3,938 3,768 4,361 2,822 BAJAJFINSV 17,149 15,020 13,681 12,356 10,747 17,200 5,400 BAJFINANCE 7,525 6,565 6,298 5,873 5,479 7,599 3,007 BHARTIARTL 664 614 568 554 543 668 394 BPCL 472 459 459 454 432 494 325 BRITANNIA 3,998 3,741 3,611 3,581 3,565 4,027 3,317 CIPLA 948 915 939 931 865 997 704 COALINDIA 146 141 144 143 140 165 110 DIVISLAB 5,174 4,931 4,727 4,386 3,990 5,219 2,985 DRREDDY 4,704 4,675 5,054 5,113 4,968 5,615 4,135 EICHERMOT 2,679 2,619 2,639 2,593 2,610 3,037 2,015 GRASIM 1,500 1,494 1,514 1,464 1,274 1,614 651 HCLTECH 1,182 1,113 1,039 995 962 1,193 682 HDFC 2,799 2,692 2,570 2,538 2,526 2,896 1,623 HDFCBANK 1,581 1,519 1,496 1,474 1,471 1,641 1,025 HDFCLIFE 718 679 683 681 681 746 556 HEROMOTOCO 2,742 2,753 2,828 2,869 3,038 3,629 2,636 HINDALCO 468 435 410 395 333 474 154 HINDUNILVR 2,724 2,507 2,461 2,423 2,345 2,737 2,000 ICICIBANK 719 699 672 643 599 720 334 INDUSINDBK 992 1,011 1,013 982 961 1,120 485 INFY 1,706 1,699 1,621 1,502 1,380 1,757 912 IOC 111 105 107 104 99 118 72 ITC 211 209 207 207 208 239 163 JSWSTEEL 688 722 706 697 544 777 258 KOTAKBANK 1,754 1,749 1,733 1,749 1,815 2,049 1,231 LT 1,672 1,621 1,576 1,498 1,416 1,685 843 M&M 793 779 775 783 782 952 568 MARUTI 6,846 6,909 7,172 7,012 7,201 8,329 6,270 NESTLEIND 19,468 18,903 18,187 17,713 17,542 20,325 15,100 NTPC 116 116 117 113 106 122 78 ONGC 121 116 117 115 106 129 64 POWERGRID 175 177 175 171 162 189 116 RELIANCE 2,258 2,157 2,127 2,080 2,043 2,369 1,830 SBILIFE 1,192 1,145 1,081 1,020 949 1,199 755 SBIN 426 426 426 405 360 467 176 SHREECEM 28,288 27,151 27,679 28,017 26,807 32,048 18,184 SUNPHARMA 794 780 724 695 639 804 452 TATACONSUM 865 811 782 727 657 868 459 TATAMOTORS 287 294 307 312 280 361 121 TATASTEEL 1,450 1,426 1,310 1,186 922 1,535 343 TCS 3,786 3,495 3,350 3,253 3,119 3,804 2,216 TECHM 1,448 1,368 1,204 1,104 1,030 1,478 714 TITAN 1,922 1,837 1,773 1,666 1,563 1,925 1,076 ULTRACEMCO 7,832 7,529 7,293 6,919 6,313 7,911 3,754 UPL 741 757 790 756 637 865 399 WIPRO 641 617 582 545 473 643 268

5 Institutional Equity Research NIFTY 17132 IN FOCUS September 01 2021 Support 16981 Stock in Focus SHREE CEMENT MARKET LENS 16830 Intraday Pick BHARATFORG Resistance 17219 Intraday Pick GRASIM 17305 Intraday Pick ITC Bulk Deals Snapshot Deal Date Scrip Code Company Client Name Deal Type* Quantity Price 31/08/2021 539773 ADVIKCA KAMAL KUMAR JALAN SEC. PVT. LTD B 38 2.31 31/08/2021 539773 ADVIKCA KAMAL KUMAR JALAN SEC. PVT. LTD S 234,421 2.30 31/08/2021 539773 ADVIKCA RUCHI KAUSHIK S 363,000 2.27 31/08/2021 539773 ADVIKCA JASKARAN SINGH DHALIWAL B 345,000 2.29 31/08/2021 542865 ANUROOP VIVEK KUMAR SINGH B 40,000 14.87 31/08/2021 536965 BPCAP MOHAN LAKSHMI S 39,999 6.84 31/08/2021 536965 BPCAP GAYATHRIRADHAKRISHNAN B 16,500 6.84 31/08/2021 536965 BPCAP ANANDMOHAN B 23,499 6.84 31/08/2021 538965 CONCORD MANISH RATILAL GALA S 40,000 26.11 31/08/2021 540361 DANUBE S N SHAH (HUF) S 30,000 35.00 31/08/2021 540361 DANUBE SUNIL HUKUMAT RAJDEV B 69,870 35.45 31/08/2021 542155 DGL ROHIT MEHRA S 50,000 2.60 31/08/2021 539814 LELAVOIR MARUTI BABAN CHIKANE B 20,000 67.32 31/08/2021 539814 LELAVOIR HARIKRISHNA AGARWAL S 47,000 66.91 31/08/2021 538401 METSL DHEERAJ KUMAR LOHIA B 43,540 56.82 31/08/2021 526622 MFLINDIA TOPGAIN FINANCE PRIVATE LIMITED B 1 .32 31/08/2021 526622 MFLINDIA TOPGAIN FINANCE PRIVATE LIMITED S 1,841,820 .32 31/08/2021 539767 MNIL KABIR SHRAN DAGAR B 17,667 13.22 31/08/2021 539767 MNIL KABIR SHRAN DAGAR S 21,097 13.00 31/08/2021 540198 OSIAJEE RAVINDER KUMAR B 85 39.00 31/08/2021 540198 OSIAJEE RAVINDER KUMAR S 29,591 39.11 31/08/2021 539291 OZONEWORLD DISHANT BHARATBHAI SHAH S 25,000 8.59 31/08/2021 540253 SNTCL MONOHAR TATWA S 90,000 1.30 31/08/2021 540253 SNTCL PRIMARY IRON TRADERS PVT LTD B 105,598 1.30 31/08/2021 532035 UNISTRMU TIRTH AMRISHBHAI PATEL . B 88,888 11.25 31/08/2021 540145 VALIANTORG GOLDMAN SACHS FUNDS GOLDMAN SACHS INDIA EQUITY PORTFOLIO B 213,004 1,299.05 31/08/2021 540145 VALIANTORG GOLDMAN SACHS INDIA FUND LIMITED S 213,004 1,299.05

*B - Buy, S - Sell, ** = Weighted Average Trade Price / Trade Price 6 Institutional Equity Research NIFTY 17132 IN FOCUS September 01 2021 Support 16981 Stock in Focus SHREE CEMENT MARKET LENS 16830 Intraday Pick BHARATFORG Resistance 17219 Intraday Pick GRASIM 17305 Intraday Pick ITC

Monthly Economic Calendar

Date Country Event Period Survey Prior 01-09-2021 United Kingdom UK Nationwide House Prices All AUG 8.60 10.50 01-09-2021 United Kingdom UK Nationwide House Price All AUG 0.00 -0.50 01-09-2021 United Kingdom Markit/CIPS UK P AUG F 60.08 60.10 01-09-2021 United States MBA US US Mortgage Market Inde AUG 27 - 1.60 01-09-2021 United States ADP National Employment Report AUG 634.50 329.90 01-09-2021 United States Markit US Manufacturing PMI SA AUG F 61.20 61.20 01-09-2021 United States ISM Manufacturing PMI SA AUG 58.30 59.50 01-09-2021 United States ISM Manufacturing Report on Bu AUG 83.50 85.70 01-09-2021 United States Census Bureau US Construction JUL 0.20 0.10 02-09-2021 United States Challenger US Job Cut Announce AUG - -92.80 02-09-2021 United States US Initial Jobless Claims SA AUG 28 344.60 353.00 02-09-2021 United States US Continuing Jobless Claims S AUG 21 2,795.00 2,862.00 02-09-2021 United States US Trade Balance of Goods and JUL -72.05 -75.75 02-09-2021 United States Langer US Weekly Consumer Comf AUG 29 - 57.20 02-09-2021 United States US Manufacturers New Orders To JUL 0.40 1.50 02-09-2021 United States US Durable Goods New Orders In JUL F -0.10 -0.10 02-09-2021 United States US Durable Goods New Orders To JUL F - 0.70 02-09-2021 United States Capital Goods New Orders Nonde JUL F - 0.00 02-09-2021 United States Capital Goods Shipments Ex Air JUL F - 1.00 03-09-2021 Hong Kong Markit Hong Kong PMI SA AUG - 51.30 03-09-2021 United Kingdom UK Official Reserves Changes i AUG - 1,029.00 03-09-2021 United Kingdom Markit/CIPS UK Services PMI Bu AUG F 55.57 55.50 03-09-2021 United States US Employees on Nonfarm Payrol AUG 726.00 943.00 03-09-2021 United States Net Revisions to Nonfarm Payro AUG - #N/A N/A 03-09-2021 United States US Employees on Nonfarm Payrol AUG 641.00 703.00 03-09-2021 United States US Employees on Nonfarm Payrol AUG 29.00 27.00 03-09-2021 United States U-3 US Unemployment Rate Total AUG 5.20 5.40 03-09-2021 United States US Employment Total in Labor F AUG - 1,043.00 03-09-2021 United States US U-6 Unemployed & Part Time AUG - 9.20 03-09-2021 United States US Labor Force Participation R AUG 61.80 61.70 03-09-2021 United States US Average Hourly Earnings All AUG 0.30 0.40 03-09-2021 United States US Average Hourly Earnings All AUG 4.00 4.00 03-09-2021 United States US Average Weekly Hours All Em AUG 34.80 34.80 03-09-2021 United States ISM Services PMI AUG 61.50 64.10 06-09-2021 United Kingdom Markit/CIPS UK Construction PM AUG - 58.70 07-09-2021 Hong Kong HKMA Hong Kong Official Foreig AUG - 494.80 08-09-2021 United States US Job Openings By Industry To JUL - 10,073.00 09-09-2021 United States Federal Reserve Consumer Credi JUL 24.25 37.69 10-09-2021 United Kingdom UK Trade Balance in Goods with JUL - -7,095.00 10-09-2021 United Kingdom UK Trade Balance in Goods SA JUL - -11,988.00 10-09-2021 United Kingdom UK Trade Balance Value of Trad JUL - -2,514.00 10-09-2021 India India Industrial Production JUL - 13.60

7 Institutional Equity Research NIFTY 17132 IN FOCUS September 01 2021 Support 16981 Stock in Focus SHREE CEMENT MARKET LENS 16830 Intraday Pick BHARATFORG Resistance 17219 Intraday Pick GRASIM 17305 Intraday Pick ITC

Corporate Actions Company Name Ex-Date Purpose Blue Blends (I) Limited 01-Sep-21 Annual General Meeting GeeCee Ventures Limited 01-Sep-21 Dividend - Rs 1.90 Per Share Bombay Dyeing & Mfg Company Limited 01-Sep-21 Annual General Meeting K.P.R. Mill Limited 01-Sep-21 Dividend - Rs 0.75 Per Share Bannari Amman Sugars Limited 01-Sep-21 Annual General Meeting/Dividend - Rs 10 Per Share JB Chemicals & Pharmaceuticals Limited 01-Sep-21 Annual General Meeting/Dividend - Rs 8 Per Share Lambodhara Textiles Limited 01-Sep-21 Annual General Meeting/Dividend - Re 1 Per Share Garden Reach Shipbuilders & Engineers Limited 02-Sep-21 Annual General Meeting/Dividend - Rs 1.15 Per Share Zee Entertainment Enterprises Limited 02-Sep-21 Annual General Meeting/Dividend - Rs 2.50 Per Share Ashiana Housing Limited 02-Sep-21 Annual General Meeting/Dividend - Rs 0.40 Per Share Tamilnadu PetroProducts Limited 02-Sep-21 Annual General Meeting/Dividend - Rs 2.50 Per Share Transformers And Rectifiers (India) Limited 02-Sep-21 Annual General Meeting/Dividend - Rs 0.10 Per Share Sunflag Iron And Steel Company Limited 02-Sep-21 Annual General Meeting Surya Roshni Limited 02-Sep-21 Dividend - Rs 1.50 Per Share Ramkrishna Forgings Limited 02-Sep-21 Annual General Meeting Manali Petrochemicals Limited 02-Sep-21 Annual General Meeting/Dividend - Rs 1.50 Per Share Rajnandini Metal Limited 02-Sep-21 Bonus 1:2 PNB Gilts Limited 02-Sep-21 Dividend - Rs 3 Per Share MMP Industries Limited 02-Sep-21 Dividend - Re 1 Per Share Balrampur Chini Mills Limited 03-Sep-21 Annual General Meeting S. P. Apparels Limited 03-Sep-21 Annual General Meeting/Dividend - Rs 2.25 Per Share Munjal Auto Industries Limited 06-Sep-21 Annual General Meeting Subros Limited 06-Sep-21 Dividend - Rs 0.70 Per Share Sumeet Industries Limited 06-Sep-21 Annual General Meeting PI Industries Limited 06-Sep-21 Annual General Meeting/Dividend - Rs 2 Per Share CARE Ratings Limited 06-Sep-21 Annual General Meeting/Dividend - Rs 6 Per Share Prince Pipes And Fittings Limited 07-Sep-21 Annual General Meeting Malu Paper Mills Limited 07-Sep-21 Annual General Meeting Shivalik Bimetal Controls Limited 07-Sep-21 Annual General Meeting/Dividend - Rs 0.30 Per Share Compucom Software Limited 07-Sep-21 Annual General Meeting/Dividend - Rs 0.30 Per Share Kewal Kiran Clothing Limited 07-Sep-21 Annual General Meeting RSWM Limited 07-Sep-21 Annual General Meeting Acrysil Limited 08-Sep-21 Dividend - Rs 1.20 Per Share Aaron Industries Limited 08-Sep-21 Annual General Meeting Dhunseri Investments Limited 08-Sep-21 Dividend - Rs 2.50 Per Share Ducon Infratechnologies Limited 08-Sep-21 Annual General Meeting Damodar Industries Limited 08-Sep-21 Annual General Meeting Genus Power Infrastructures Limited 08-Sep-21 Annual General Meeting/Dividend - Rs 0.50 Per Share Gujarat State Fertilizers & Chemicals Limited 08-Sep-21 Annual General Meeting/Dividend - Rs 2.20 Per Share

8 Institutional Equity Research NIFTY 17132 IN FOCUS September 01 2021 Support 16981 Stock in Focus SHREE CEMENT MARKET LENS 16830 Intraday Pick BHARATFORG Resistance 17219 Intraday Pick GRASIM 17305 Intraday Pick ITC

Guided Allocation Towards Research Products Product Max. Allocation Number Frequency Call Duration Allocation (%) in 1 stock (%) of Calls Trading Products Intraday 30 25-30 3-4 stocks Daily Daily Positional Calls/weekly calls/BTST 30 15-20 6-7 stocks Weekly Fortnightly TradEdge 15 25-50 2 stocks Fortnightly Monthly Option Strategies 15 10-20 2 stocks Weekly Weekly Cash 10 Total 100

Product Max. Allocation Number Frequency Call Duration Allocation (%) in 1 stock (%) of Calls Investment Products Rsec Model Portfolio 25 10 8-10 stocks Monthly Half Yearly Stock In Focus 25 5 1 stock Daily Quarterly Fundamental Calls 25 5 10 Quarterly Yearly Initiating Coverage 20 10 As and When Yearly Cash 5 Total 100

9 Institutional Equity Research NIFTY 17132 IN FOCUS September 01 2021 Support 16981 Stock in Focus SHREE CEMENT MARKET LENS 16830 Intraday Pick BHARATFORG Resistance 17219 Intraday Pick GRASIM 17305 Intraday Pick ITC

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None of RSL, research analysts, or their relatives had any known direct /indirect material conflict of interest including any long/short position(s) in any specific security on which views/opinions have been made in this Report, during its preparation. RSL’s Associates may have other potential/material conflict of interest with respect to any recommendation and related information and opinions at the time of publication of research report. RSL, its Associates, the research analysts, or their relatives might have financial interest in the issuer company(ies) of the said securities. RSL or its Associates may have received a compensation from the said issuer company(ies) in last 12 months for the brokerage or non brokerage services.RSL, its Associates, the research analysts or their relatives have not received any compensation or other benefits directly or indirectly from the said issuer company(ies) or any third party in last 12 months in any respect whatsoever for preparation of this report.

The research analysts has served as an officer, director or employee of the said issuer company(ies)?: No RSL, its Associates, the research analysts or their relatives holds ownership of 1% or more, in respect of the said issuer company(ies).?: No

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