Institutional Equity Research NIFTY 15680 IN FOCUS July 02 2021 Support 15646 Stock in Focus SUPREME INDUSTRIES MARKET LENS 15612 Intraday Pick AUROPHARMA Resistance 15735 Intraday Pick GAIL 15789 Intraday Pick VEDL

EQUITY INDICES

Indices Absolute Change Percentage Change Domestic Last Trade Change 1-D 1-Mth YTD BSE Sensex 52,319 (164.1) (0.3%) 0.2% 9.6% CNX Nifty 15,680 (41.5) (0.3%) (0.1%) 12.2% S&P CNX 500 13,454 (19.5) (0.1%) 0.6% 16.8% SENSEX 50 16,442 (39.6) (0.2%) 0.1% 12.3%

International Last Trade Change 1-D 1-Mth YTD DJIA 34,634 131.0 0.4% 0.2% 13.2% NASDAQ 14,522 18.4 0.1% 6.7% 12.7% NIKKEI 28,810 102.5 0.4% (0.9%) 5.0% HANGSENG 28,429 (399.0) (1.4%) (1.9%) 4.4%

ADRs / GDRs Last Trade Change 1-D 1-Mth YTD Dr. Reddy’s Lab (ADR) 75.2 1.7 2.3% 4.5% 5.5% STOCK IN FOCUS (ADR) 23.0 0.2 0.8% 3.3% 82.3% f Supreme Industries (Supreme) is the largest player in Indian PVC (ADR) 21.0 (0.2) (1.1%) 9.5% 23.7% pipes segment with ~11% market share. Higher distribution network ICICI Bank (ADR) 17.1 0.0 0.1% (4.2%) 15.1% HDFC Bank (ADR) 72.3 (0.8) (1.1%) (5.8%) 0.1% and improved penetration across products supported the company’s (GDR) 50.2 (0.1) (0.2%) (1.6%) 18.7% market share gain as the smaller players moved out of the market. Reliance Ind (GDR) 56.0 (0.6) (1.1%) (7.7%) 2.4% f Supreme has a diversified products portfolio, vast distribution network and healthy operational cash flow. It continues to innovate COMMODITY MARKET Key Commodities Last Trade Change 1-D 1-Mth YTD and launch newer products to maintain leadership position. Brent Crude ($/bl) 75.9 0.1 0.1% 6.5% 46.5% f The company has acquired land parcels in Odisha and Tamil Nadu. Silver ($/Oz) 26.1 (0.0) (0.1%) (5.0%) (1.7%) The Assam plant is being constructed on lease agreement basis. The Gold ($/Oz) 1,778.1 1.3 0.1% (5.1%) (6.7%) company aims to begin production at these new plants in FY22E. Copper LME ($/MT) 9,298.8 29.8 0.3% (5.3%) 19.9% Aluminium LME ($/MT) 2,511.8 4.3 0.2% 5.1% 26.9% f Contribution of value-added products (having higher EBITDA margin in the excess of 17% and higher RoCE of >25%) increased to ~38% in CURRENCY RATES FY20 from 25% in FY10. Last Trade Change 1-D 1-Mth YTD f Considering expected higher revenue from value-added products, USD/INR 74.8 0.21 0.3% 2.2% 2.0% higher capex, rising market share, lean working capital and high EUR/INR 88.8 0.11 0.1% (0.4%) (1.3%)

return ratio, we have BUY on Supreme with a 2-Year Target Price RATES of Rs2,606, valuing the stock at 36x of FY24E EPS. Last Trade Change 1-D 1-Mth YTD T-Bill - 91 D 3.4 0.00 0.00 (0.01) 0.11 10 Year G-sec Yield 6.0 (0.01) 0.00 0.01 0.02 Intraday Picks AUROPHARMA (PREVIOUS CLOSE: 968) BUY INVESTMENT ACTIVITY (RS. CR) For today’s trade, long position can be initiated in the range of Rs 950- Category BUY SELL NET Prev 960 for the target of Rs.995 with a strict stop loss of Rs 945. FII 4,395.8 5,641.1 (1,245.3) (1,646.7) DII 4,721.5 3,840.9 880.6 1,520.2 GAIL (PREVIOUS CLOSE: 153) BUY For today’s trade, long position can be initiated in the range of Rs 149- EXCHANGE TURNOVER 151 for the target of Rs.158 with a strict stop loss of Rs 147. Exchange Rs Crore BSE Equity 4,462.1 VEDL (PREVIOUS CLOSE: 263) SELL BSE Derivatives 3,01,641.5 For today’s trade, short position can be initiated in the range of Rs 266- NSE Equity 53,261.4 268 for the target of Rs.258 with a strict stop loss of Rs 270. NSE Derivatives 84,09,744.7

1 Institutional Equity Research NIFTY 15680 IN FOCUS July 02 2021 Support 15646 Stock in Focus SUPREME INDUSTRIES MARKET LENS 15612 Intraday Pick AUROPHARMA Resistance 15735 Intraday Pick GAIL 15789 Intraday Pick VEDL

Technical Research

MARKET SYNOPSIS f On Thursday, NIFTY-50 opened at 15,755-level and resumed its prior daily falling trend. Later, even narrow range consolidation failed to save the index from extending loss. Finally, the index finished trade near to its intraday low of 15,667-level, with cut of 42 points. f NSE Cash segment reported turnover of Rs53,261 crore as compared to Rs58,496 crore reported earlier. f Overall market breadth remained negative, where 972 stocks advanced against 1,013 declined stocks. f Mixed trend was observed across sectoral indices during the day, where Pharma emerged as a top gainer with the increase of 0.9%. However, IT index emerged as a top loser with the decrease of 0.6%.

NSE-NIFTY OUTLOOK f Yesterday, continuing its prior daily falling trend, NIFTY-50 slipped to 8-day low of 15,667-level. The index closed on negative note for fourth trading session in a row. Its hourly RSI is negatively poised and near to its oversold zone. Overall market breadth remained bearish, while mixed trend witnessed across major sectors. As per the current set-up, we believe the index could continue its undergoing negative momentum and may visit 15,550-level. On the higher side, the index will face hurdle at around 15,900-level. f As for the day, support is placed at around 15,646 and then at 15,612 levels, while resistance is observed at 15,735 and then at 15,789 levels.

2 Institutional Equity Research NIFTY 15680 IN FOCUS July 02 2021 Support 15646 Stock in Focus SUPREME INDUSTRIES MARKET LENS 15612 Intraday Pick AUROPHARMA Resistance 15735 Intraday Pick GAIL 15789 Intraday Pick VEDL Derivatives Snapshot f NIFTY50 traded volatile with expiry woes in a narrow range to close near the low point of the day. Nifty closed down by 42 point at 15,680 levels. Among the nifty stocks 26 advanced and 24 declined during the day. f Among sectors it was a mixed bag with Auto, FMCG & Pharma to gain by 0.8% average while IT, Realty and Banks declined by 0.5% for the day. f Broader market indices remained negative with NIFTY 100, 200 and 500 to close down by 0.2% average while midcap indices and small cap indices declined by 0.4% for the day. f Nifty Jul futures end with 30 points premium at 15,710 mark while on other hand, Bank Nifty Jul futures ended with the premium of 167 points at 34,853 mark. f Nifty has closed near the 20 day average and positive momentum will be only above 15,900 levels. On the downside the trend reversal is placed at 15,550 levels.

Sectoral Activity: Amongst sectoral index Auto and Pharma remained in focus with positive momentum. Stock Activity: Tata Motors and Dr.Reddy have witnessed long build up in today’s trade.

3 Institutional Equity Research NIFTY 15680 IN FOCUS July 02 2021 Support 15646 Stock in Focus SUPREME INDUSTRIES MARKET LENS 15612 Intraday Pick AUROPHARMA Resistance 15735 Intraday Pick GAIL 15789 Intraday Pick VEDL Pivot Table Name LTP Support 2 Support 1 Pivot Resistance 1 Resistance 2 SENSEX 52,319 52,175 52,329 52,602 52,756 53,030 Nifty 50 15,680 15,626 15,674 15,756 15,804 15,887 NiftyBank 34,684 34,421 34,597 34,906 35,081 35,390 ADANIPORTS 703 692 698 708 714 723 ASIANPAINT 3,022 2,958 2,976 3,003 3,020 3,047 AXISBANK 746 738 743 752 757 766 BAJAJ-AUTO 4,205 4,095 4,114 4,139 4,159 4,183 BAJAJFINSV 11,816 11,877 11,993 12,181 12,297 12,486 BAJFINANCE 5,967 5,922 5,969 6,047 6,094 6,172 BHARTIARTL 523 521 523 527 529 533 BPCL 463 464 466 468 471 473 BRITANNIA 3,596 3,600 3,625 3,658 3,682 3,715 978 952 962 979 990 1,007 COALINDIA 146 144 145 146 148 149 DIVISLAB 4,436 4,321 4,365 4,398 4,442 4,475 DRREDDY 5,559 5,368 5,396 5,432 5,460 5,496 EICHERMOT 2,675 2,627 2,649 2,687 2,709 2,747 GRASIM 1,500 1,481 1,490 1,500 1,509 1,519 HCLTECH 986 975 979 985 990 996 HDFC 2,459 2,445 2,460 2,487 2,503 2,530 HDFCBANK 1,487 1,485 1,492 1,500 1,507 1,515 HDFCLIFE 686 678 682 689 693 700 HEROMOTOCO 2,923 2,877 2,890 2,910 2,923 2,943 HINDALCO 379 366 369 374 377 383 HINDUNILVR 2,478 2,438 2,455 2,480 2,497 2,522 ICICIBANK 631 623 627 634 638 645 INDUSINDBK 1,008 1,003 1,010 1,019 1,025 1,034 INFY 1,560 1,562 1,572 1,581 1,591 1,600 IOC 108 106 107 108 109 111 ITC 203 201 202 203 204 205 JSWSTEEL 681 673 678 688 694 704 KOTAKBANK 1,716 1,671 1,688 1,716 1,733 1,761 LT 1,492 1,479 1,490 1,506 1,517 1,534 M&M 779 767 772 781 786 795 MARUTI 7,584 7,398 7,457 7,552 7,611 7,706 NESTLEIND 17,646 17,481 17,557 17,651 17,727 17,821 NTPC 117 115 116 117 118 119 ONGC 119 115 116 119 120 122 POWERGRID 231 228 230 234 236 240 RELIANCE 2,098 2,077 2,094 2,108 2,125 2,140 SBILIFE 1,007 993 1,000 1,006 1,014 1,019 SBIN 420 414 417 421 423 427 SHREECEM 27,060 26,803 27,154 27,802 28,153 28,801 SUNPHARMA 684 669 672 678 681 687 TATACONSUM 756 738 746 757 765 776 TATAMOTORS 344 335 337 341 344 348 TATASTEEL 1,164 1,145 1,156 1,173 1,184 1,202 TCS 3,342 3,312 3,329 3,355 3,372 3,399 TECHM 1,085 1,073 1,084 1,095 1,106 1,116 TITAN 1,740 1,711 1,722 1,739 1,749 1,766 ULTRACEMCO 6,707 6,681 6,729 6,797 6,845 6,913 UPL 792 778 785 798 806 819 539 539 542 545 548 551

4 Institutional Equity Research NIFTY 15680 IN FOCUS July 02 2021 Support 15646 Stock in Focus SUPREME INDUSTRIES MARKET LENS 15612 Intraday Pick AUROPHARMA Resistance 15735 Intraday Pick GAIL 15789 Intraday Pick VEDL Simple Moving Average Scrip Name Close Rate 20-SMA 50-SMA 100-SMA 200-SMA HIGH_52WEEK LOW_52WEEK SENSEX 52,319 52,455 50,863 50,502 47,010 53,127 34,662 Nifty 50 15,680 15,749 15,275 15,062 13,924 15,916 10,224 NiftyBank 34,684 34,969 34,148 34,353 30,911 37,709 20,405 ADANIPORTS 703 758 759 726 571 901 298 ASIANPAINT 3,022 2,993 2,829 2,648 2,481 3,093 1,645 AXISBANK 746 745 727 724 643 799 400 BAJAJ-AUTO 4,205 4,182 4,060 3,952 3,586 4,361 2,812 BAJAJFINSV 11,816 12,028 11,498 10,659 9,081 12,520 5,400 BAJFINANCE 5,967 6,014 5,683 5,484 4,866 6,249 2,770 BHARTIARTL 523 535 538 545 516 623 394 BPCL 463 476 458 445 413 494 325 BRITANNIA 3,596 3,619 3,533 3,528 3,577 4,010 3,317 CIPLA 978 961 934 881 831 997 621 COALINDIA 146 152 145 142 134 165 110 DIVISLAB 4,436 4,298 4,142 3,867 3,646 4,454 2,090 DRREDDY 5,559 5,343 5,263 4,932 4,966 5,580 3,814 EICHERMOT 2,675 2,722 2,591 2,612 2,514 3,037 1,797 GRASIM 1,500 1,495 1,436 1,378 1,117 1,547 565 HCLTECH 986 977 947 959 916 1,067 550 HDFC 2,459 2,524 2,507 2,555 2,381 2,896 1,623 HDFCBANK 1,487 1,490 1,466 1,494 1,400 1,641 993 HDFCLIFE 686 697 682 691 661 746 533 HEROMOTOCO 2,923 2,962 2,919 3,076 3,094 3,629 2,468 HINDALCO 379 380 382 354 283 428 143 HINDUNILVR 2,478 2,427 2,391 2,333 2,275 2,534 2,000 ICICIBANK 631 638 627 616 539 679 334 INDUSINDBK 1,008 1,011 975 987 876 1,120 472 INFY 1,560 1,491 1,409 1,373 1,261 1,591 724 IOC 108 113 105 101 93 118 72 ITC 203 207 207 211 200 239 163 JSWSTEEL 681 697 700 579 459 773 186 KOTAKBANK 1,716 1,761 1,762 1,814 1,742 2,049 1,231 LT 1,492 1,508 1,444 1,453 1,277 1,593 843 M&M 779 795 789 815 749 952 493 MARUTI 7,584 7,292 6,985 7,055 7,162 8,329 5,650 NESTLEIND 17,646 17,603 17,286 17,078 17,093 18,844 15,100 NTPC 117 117 112 108 100 121 78 ONGC 119 123 116 111 96 129 64 POWERGRID 231 237 228 223 202 252 155 RELIANCE 2,098 2,183 2,069 2,052 2,053 2,369 1,696 SBILIFE 1,007 995 977 934 890 1,045 755 SBIN 420 424 398 387 312 442 176 SHREECEM 27,060 28,362 27,965 28,126 25,363 32,048 18,184 SUNPHARMA 684 673 674 644 590 722 452 TATACONSUM 756 734 687 657 598 772 381 TATAMOTORS 344 343 323 320 246 361 97 TATASTEEL 1,164 1,135 1,108 932 725 1,247 312 TCS 3,342 3,280 3,176 3,147 2,964 3,400 2,075 TECHM 1,085 1,069 1,017 1,002 944 1,109 536 TITAN 1,740 1,731 1,598 1,546 1,443 1,793 935 ULTRACEMCO 6,707 6,767 6,583 6,553 5,666 7,056 3,735 UPL 792 821 755 673 576 865 399 WIPRO 539 549 525 477 419 564 218

5 Institutional Equity Research NIFTY 15680 IN FOCUS July 02 2021 Support 15646 Stock in Focus SUPREME INDUSTRIES MARKET LENS 15612 Intraday Pick AUROPHARMA Resistance 15735 Intraday Pick GAIL 15789 Intraday Pick VEDL Bulk Deals Snapshot Deal Date Scrip Code Company Client Name Deal Type* Quantity Price 01/07/2021 539570 ACEWIN NIRMALACHINNA RANI S 115,200 8.13 01/07/2021 543269 ADJIA KAUPILKUMAR HASMUKHBHAI SHAH S 4,800 37.00 01/07/2021 543269 ADJIA SUBHAMKUMARGOYAL B 4,800 37.00 01/07/2021 511710 CUBIFIN SUMANCHEPURI S 334,437 1.38 01/07/2021 526703 ECOPLAST ASHOK JAIN B 17,049 87.88 01/07/2021 530643 ECORECO BENNETT COLEMAN & CO LTD S 255,000 57.61 01/07/2021 505700 ELECON ADROIT FINANCIAL SERVICES PRIVATE LIMITED B 658,153 135.85 01/07/2021 505700 ELECON ADROIT FINANCIAL SERVICES PRIVATE LIMITED S 633,653 136.10 01/07/2021 505700 ELECON HRTI PRIVATE LIMITED B 611,119 136.09 01/07/2021 505700 ELECON HRTI PRIVATE LIMITED S 624,291 135.87 01/07/2021 524444 EVEXIA SILVERCADE TRADING PRIVATE LIMITED S 412,000 102.89 01/07/2021 504028 GEE VENKATESH SHELTER PRIVATE LIMITED S 125,000 58.59 01/07/2021 531979 HINDALUMI KALYANI P. JAIN S 37,400 39.06 01/07/2021 530315 HINDTIN YASHOVARDHAN SINHA B 79,495 99.62 01/07/2021 540134 IISL BHAVIN BHARATKUMAR JANI B 79,919 4.00 01/07/2021 540134 IISL VISHWAMURTE TRAD INVEST PE LTD S 95,000 4.00 01/07/2021 540134 IISL MANJULABEN MAHENDRAKUMAR SHAH S 155,000 4.00 01/07/2021 540134 IISL BRIJESH DINESH SHAH -(HUF) B 50,000 4.00 01/07/2021 517571 INDLMETER CANBANK FACTORS LTD S 118,875 12.99 01/07/2021 539679 KAPILRAJ NARAYAN KARMAN PATEL S 35,000 10.00 01/07/2021 532397 KONNDOR SANJAY H SARAWAGI S 29,081 9.04 01/07/2021 532654 MCLEODRUSS SANGHVI ASSOCIATES S 549,798 36.40 01/07/2021 504273 MODULEX SYNTHITE INDUSTRIES LIMITED S 375,000 19.70 01/07/2021 532918 RATHIBAR TANYAHARISH SAMTANI S 102,072 25.61 01/07/2021 538611 RTFL URMILA KEJRIWAL B 80,856 6.70 01/07/2021 516110 SCANDENT NIRAJ HARSUKHLAL SANGHAVI B 200,000 18.17 01/07/2021 516110 SCANDENT SHREE SHIVSHAKTI PROJECT CONSULTANT PRIVATE LIMITED S 200,000 18.16 01/07/2021 543244 SHINEFASH SHRENI SHARES PRIVATE LIMITED B 12,000 131.65 01/07/2021 543244 SHINEFASH SHRENI SHARES PRIVATE LIMITED S 3,000 127.80 01/07/2021 530433 SHIVAAGRO JAYALAKSHMI.PL B 95,000 63.06 01/07/2021 507998 SIMMOND RIMO CAPITAL FUND LP S 75,835 35.24 01/07/2021 520155 STARLOG SUBRATAKUMARSAO S 81,928 9.97 01/07/2021 532070 SUPRBPA AMITKUMAR RATHI . B 45,000 12.68 01/07/2021 532070 SUPRBPA CHAITANYA LAKSHMI PARNA B 27,051 12.72 01/07/2021 532070 SUPRBPA CHAITANYA LAKSHMI PARNA S 42,407 12.62 01/07/2021 543310 TIMESGREEN SK GROWTH FUND PRIVATE LIMITED B 10,000 61.05 01/07/2021 531917 TWINSTAR AMARJIT KAUR S 145,000 1.89 01/07/2021 513216 UTTAMSTL ANKITA VISHAL SHAH S 894,526 4.79 01/07/2021 517393 VINTRON NETAXCESS COMMUNICATIONS LIMITED S 620,000 .88 01/07/2021 512064 VISVEN SANJAY CHOTHMAL AGARWAL S 2,595 78.65 01/07/2021 512064 VISVEN KRUNAL JAYESH KUWADIA (HUF) B 1,300 78.65 01/07/2021 512064 VISVEN KRUNAL JAYESH KUWADIA B 1,600 78.65 01/07/2021 533427 VMS MONOTYPE INDIA LIMITED B 100,000 16.53 01/07/2021 533427 VMS KAUSHIK SHAH SHARES & SEC. LTD B 150,000 15.95 01/07/2021 533427 VMS NANDKUMAR MARUTI GOPALE S 161,665 16.18 01/07/2021 533427 VMS SUVARNA NANDKUMAR GOPALE S 185,000 16.44 01/07/2021 533427 VMS DHANTERASH SUPPLIERS PRIVATE LIMITED B 100,000 16.51 *B - Buy, S - Sell, ** = Weighted Average Trade Price / Trade Price 6 Institutional Equity Research NIFTY 15680 IN FOCUS July 02 2021 Support 15646 Stock in Focus SUPREME INDUSTRIES MARKET LENS 15612 Intraday Pick AUROPHARMA Resistance 15735 Intraday Pick GAIL 15789 Intraday Pick VEDL

Monthly Economic Calendar

Date Country Event Period Survey Prior 02-07-2021 United States US Trade Balance of Goods and MAY -71.04 -68.90 02-07-2021 United States US Employees on Nonfarm Payrol JUN 679.67 559.00 02-07-2021 United States Net Revisions to Nonfarm Payro JUN - - 02-07-2021 United States US Employees on Nonfarm Payrol JUN 580.50 492.00 02-07-2021 United States US Employees on Nonfarm Payrol JUN 31.00 23.00 02-07-2021 United States U-3 US Unemployment Rate Total JUN 5.66 5.80 02-07-2021 United States US Employment Total in Labor F JUN - 444.00 02-07-2021 United States US U-6 Unemployed & Part Time JUN - 10.20 02-07-2021 United States US Labor Force Participation R JUN - 61.60 02-07-2021 United States US Average Hourly Earnings All JUN 0.37 0.50 02-07-2021 United States US Average Hourly Earnings All JUN 3.57 2.00 02-07-2021 United States US Average Weekly Hours All Em JUN 34.87 34.90 02-07-2021 United States US Manufacturers New Orders To MAY 1.48 -0.60 02-07-2021 United States US Durable Goods New Orders In MAY F 2.70 2.30 02-07-2021 United States US Durable Goods New Orders To MAY F 0.78 0.30 02-07-2021 United States Capital Goods New Orders Nonde MAY F 0.74 -0.10 02-07-2021 United States Capital Goods Shipments Ex Air MAY F 0.73 0.90 05-07-2021 United Kingdom UK Official Reserves Changes i JUN - 1,475.00 05-07-2021 United Kingdom Markit/CIPS UK Services PMI Bu JUN F 62.55 61.70 06-07-2021 Hong Kong Markit Hong Kong PMI SA JUN - 52.50 06-07-2021 United States ISM Services PMI JUN 63.52 64.00 07-07-2021 Hong Kong HKMA Hong Kong Official Foreig JUN - 494.50 07-07-2021 United States US Job Openings By Industry To MAY 0.00 9,286.00 09-07-2021 United States Federal Reserve Consumer Credi MAY 0.00 18.61 09-07-2021 United Kingdom UK Trade Balance in Goods with MAY - -5,549.00 09-07-2021 United Kingdom UK Trade Balance in Goods SA MAY - -10,958.00 09-07-2021 United Kingdom UK Trade Balance Value of Trad MAY - -935.00 09-07-2021 United States Merchant Wholesalers Inventori MAY F 0.70 1.10 09-07-2021 United States Merchant Wholesalers Sales Tot MAY - 0.80 12-07-2021 India India Industrial Production MAY - 134.40 13-07-2021 United States NFIB Small Business Optimism I JUN - 99.60 13-07-2021 United States US CPI Urban Consumers MoM SA JUN 0.00 0.60 13-07-2021 United States US CPI Urban Consumers Less Fo JUN - 0.70 13-07-2021 United States US CPI Urban Consumers YoY NSA JUN - 5.00 13-07-2021 United States US CPI Urban Consumers Less Fo JUN - 3.80 13-07-2021 United States US CPI Urban Consumers Less Fo JUN - 275.72 13-07-2021 United States US CPI Urban Consumers NSA JUN - 269.20 13-07-2021 United States US Treasury Federal Budget Deb JUN - -131.95 14-07-2021 India India Wholesale Price Index Al JUN - 12.94 15-07-2021 United States US Import Price Index by End U JUN 0.00 1.10 15-07-2021 United States US Import Price Index by End U JUN - 11.30 15-07-2021 United States US Empire State Manufacturing JUL - 17.40

7 Institutional Equity Research NIFTY 15680 IN FOCUS July 02 2021 Support 15646 Stock in Focus SUPREME INDUSTRIES MARKET LENS 15612 Intraday Pick AUROPHARMA Resistance 15735 Intraday Pick GAIL 15789 Intraday Pick VEDL

Corporate Actions Company Name Ex-Date Purpose Limited 02-Jul-21 Annual General Meeting Limited 02-Jul-21 Annual General Meeting Adani Power Limited 02-Jul-21 Annual General Meeting Limited 05-Jul-21 Annual General Meeting/Dividend - Rs 17.50 Per Share JSW Steel Limited 05-Jul-21 Annual General Meeting/Dividend - Rs 6.50 Per Share GOVERNMENT OF INDIA 05-Jul-21 Interest Payment SKF India Limited 06-Jul-21 Annual General Meeting/Dividend - Rs 14.50 Per Share GOVERNMENT OF INDIA 06-Jul-21 Interest Payment Century Textiles & Industries Limited 06-Jul-21 Annual General Meeting/Dividend - Re 1 Per Share Ponni Sugars (Erode) Limited 06-Jul-21 Annual General Meeting/Dividend - Rs 4 Per Share/Special Dividend - Re 1 Per Share

Result Calendar Company name Board Meeting Date Purpose Simplex Projects Limited 05-Jul-21 Financial Results kwality limited 06-Jul-21 Financial Results Shyam Metalics and Energy Limited 08-Jul-21 Financial Results/Dividend Tata Consultancy Services Limited 08-Jul-21 Financial Results/Dividend Excel Realty N Infra Limited 09-Jul-21 Financial Results Steel Strips Wheels Limited 12-Jul-21 Financial Results Infosys Limited 14-Jul-21 Financial Results L&T Technology Services Limited 14-Jul-21 Financial Results Cyient Limited 15-Jul-21 Financial Results Larsen & Toubro Infotech Limited 15-Jul-21 Financial Results/Dividend HDFC Asset Management Company Limited 16-Jul-21 Financial Results HDFC Bank Limited 17-Jul-21 Financial Results HDFC Life Insurance Company Limited 19-Jul-21 Financial Results Nippon Life India Asset Management Limited 19-Jul-21 Financial Results Limited 20-Jul-21 Financial Results ICICI Securities Limited 20-Jul-21 Financial Results Rane (Madras) Limited 20-Jul-21 Financial Results Limited 21-Jul-21 Financial Results Gland Pharma Limited 21-Jul-21 Financial Results Lakshmi Machine Works Limited 21-Jul-21 Financial Results Lakshmi Machine Works Limited 21-Jul-21 Financial Results Maharashtra Scooters Limited 21-Jul-21 Financial Results Mahindra CIE Automotive Limited 21-Jul-21 Financial Results Limited 22-Jul-21 Financial Results Bajaj Holdings & Investment Limited 22-Jul-21 Financial Results Limited 22-Jul-21 Financial Results

8 Institutional Equity Research NIFTY 15680 IN FOCUS July 02 2021 Support 15646 Stock in Focus SUPREME INDUSTRIES MARKET LENS 15612 Intraday Pick AUROPHARMA Resistance 15735 Intraday Pick GAIL 15789 Intraday Pick VEDL

Result Calendar Company name Board Meeting Date Purpose Rane Engine Valve Limited 22-Jul-21 Financial Results Atul Limited 23-Jul-21 Financial Results JSW Steel Limited 23-Jul-21 Financial Results ICICI Bank Limited 24-Jul-21 Financial Results Axis Bank Limited 26-Jul-21 Financial Results Mahindra & Mahindra Financial Services Limited 26-Jul-21 Financial Results Navin Fluorine International Limited 26-Jul-21 Financial Results Rane Brake Lining Limited 26-Jul-21 Financial Results Zensar Technologies Limited 26-Jul-21 Financial Results Dr. Reddy's Laboratories Limited 27-Jul-21 Financial Results EIH Associated Hotels Limited 27-Jul-21 Financial Results GM Breweries Limited 27-Jul-21 Financial Results TTK Prestige Limited 27-Jul-21 Financial Results TCI Developers Limited 28-Jul-21 Financial Results Shree Digvijay Cement Co.Ltd 29-Jul-21 Financial Results Stove Kraft Limited 29-Jul-21 Financial Results Kansai Nerolac Paints Limited 30-Jul-21 Financial Results IDFC First Bank Limited 31-Jul-21 Financial Results Rain Industries Limited 31-Jul-21 Financial Results Everest Industries Limited 03-Aug-21 Financial Results Bosch Limited 04-Aug-21 Financial Results BASF India Limited 06-Aug-21 Financial Results Rane Holdings Limited 06-Aug-21 Financial Results New Delhi Television Limited 10-Aug-21 Financial Results TV Today Network Limited 13-Aug-21 Financial Results Amara Raja Batteries Limited 14-Aug-21 Financial Results

9 Institutional Equity Research NIFTY 15680 IN FOCUS July 02 2021 Support 15646 Stock in Focus SUPREME INDUSTRIES MARKET LENS 15612 Intraday Pick AUROPHARMA Resistance 15735 Intraday Pick GAIL 15789 Intraday Pick VEDL

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

10 Institutional Equity Research NIFTY 15680 IN FOCUS July 02 2021 Support 15646 Stock in Focus SUPREME INDUSTRIES MARKET LENS 15612 Intraday Pick AUROPHARMA Resistance 15735 Intraday Pick GAIL 15789 Intraday Pick VEDL

Reliance Securities Limited (RSL), the broking arm of Reliance Capital is one of the India’s leading retail broking houses. Reliance Capital is amongst India’s leading and most valuable financial services companies in the private sector. Reliance Capital has interests in asset management and mutual funds, life and general insurance, commercial finance, equities and commodities broking, wealth management services, distribution of financial products, private equity, asset reconstruction, proprietary investments and other activities in financial services. The list of associates of RSL is available on the website www. reliancecapital.co.in. RSL is registered as a Research Analyst under SEBI (Research Analyst) Regulations, 2014 General Disclaimers: This Research Report (hereinafter called ‘Report’) is prepared and distributed by RSL for information purposes only. The recommendations, if any, made herein are expression of views and/or opinions and should not be deemed or construed to be neither advice for the purpose of purchase or sale of any security, derivatives or any other security through RSL nor any solicitation or offering of any investment /trading opportunity on behalf of the issuer(s) of the respective security(ies) referred to herein. These information / opinions / views are not meant to serve as a professional investment guide for the readers. No action is solicited based upon the information provided herein. Recipients of this Report should rely on information/data arising out of their own investigations. Readers are advised to seek independent professional advice and arrive at an informed trading/investment decision before executing any trades or making any investments. This Report has been prepared on the basis of publicly available information, internally developed data and other sources believed by RSL to be reliable. RSL or its directors, employees, affiliates or representatives do not assume any responsibility for, or warrant the accuracy, completeness, adequacy and reliability of such information / opinions / views. While due care has been taken to ensure that the disclosures and opinions given are fair and reasonable, none of the directors, employees, affiliates or representatives of RSL shall be liable for any direct, indirect, special, incidental, consequential, punitive or exemplary damages, including lost profits arising in any way whatsoever from the information / opinions / views contained in this Report. Risks: Trading and investment in securities are subject to market risks. There are no assurances or guarantees that the objectives of any of trading / investment in securities will be achieved. The trades/ investments referred to herein may not be suitable to all categories of traders/investors. The names of securities mentioned herein do not in any manner indicate their prospects or returns. The value of securities referred to herein may be adversely affected by the performance or otherwise of the respective issuer companies, changes in the market conditions, micro and macro factors and forces affecting capital markets like interest rate risk, credit risk, liquidity risk and reinvestment risk. Derivative products may also be affected by various risks including but not limited to counter party risk, market risk, valuation risk, liquidity risk and other risks. Besides the price of the underlying asset, volatility, tenor and interest rates may affect the pricing of derivatives. Disclaimers in respect of jurisdiction: The possession, circulation and/or distribution of this Report may be restricted or regulated in certain jurisdictions by appropriate laws. No action has been or will be taken by RSL in any jurisdiction (other than India), where any action for such purpose(s) is required. Accordingly, this Report shall not be possessed, circulated and/or distributed in any such country or jurisdiction unless such action is in compliance with all applicable laws and regulations of such country or jurisdiction. RSL requires such recipient to inform himself about and to observe any restrictions at his own expense, without any liability to RSL. Any dispute arising out of this Report shall be subject to the exclusive jurisdiction of the Courts in India. Disclosure of Interest: The research analysts who have prepared this Report hereby certify that the views /opinions expressed in this Report are their personal independent views/opinions in respect of the securities and their respective issuers. 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

Copyright: The copyright in this Report belongs exclusively to RSL. This Report shall only be read by those persons to whom it has been delivered. No reprinting, reproduction, copying, distribution of this Report in any manner whatsoever, in whole or in part, is permitted without the prior express written consent of RSL. RSL’s activities were neither suspended nor have defaulted with any stock exchange with whom RSL is registered. Further, there does not exist any material adverse order/judgments/strictures assessed by any regulatory, government or public authority or agency or any law enforcing agency in last three years. Further, there does not exist any material enquiry of whatsoever nature instituted or pending against RSL as on the date of this Report. Important These disclaimers, risks and other disclosures must be read in conjunction with the information / opinions / views of which they form part of. RSL CIN: U65990MH2005PLC154052. SEBI registration no. (Stock Broker: INZ000172433, Depository Participants: CDSL IN-DP-257-2016 IN-DP- NSDL-363-2013, Research Analyst: INH000002384); AMFI ARN No.29889.

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