Institutional Equity Research NIFTY 13393 IN FOCUS December 09, 2020 Support 13324 Stock in Focus Kalpataru Power MARKET LENS 13255 Intraday Pic SUNTV Resistance 13449 Intraday Pick PETRONET 13504 Intraday Pick GODREJPROP

EQUITY INDICES

Indices Absolute Change Percentage Change Domestic Last Trade Change 1-D 1-Mth YTD BSE Sensex 45,609 182 0.4% 5.4% 10.6% CNX Nifty 13,393 37 0.3% 6.0% 10.1% S&P CNX 500 11,089 18 0.2% 8.0% 12.3% SENSEX 50 14,013 42 0.3% 5.9% 10.0%

International Last Trade Change 1-D 1-Mth YTD DJIA 30,174 104 0.4% 2.6% 5.7% NASDAQ 12,583 63 0.5% 8.9% 40.2% NIKKEI 26,707 240 0.8% 7.2% 12.8% HANGSENG 26,550 245 0.9% 1.0% (5.8%)

ADRs / GDRs Last Trade Change 1-D 1-Mth YTD Dr. Reddy’s Lab (ADR) 67.8 0.2 0.2% 7.6% 67.0% (ADR) 12.5 (0.1) (0.6%) 24.1% (3.7%) STOCK IN FOCUS (ADR) 16.0 0.4 2.5% 10.1% 55.1% f Kalpataru Power (KPP) and its subsidiary, JMC Projects are the ICICI Bank (ADR) 13.9 (0.1) (0.6%) 4.7% (8.1%) plays on large opportunities in seven key infrastructure segments in HDFC Bank (ADR) 67.4 0.1 0.1% 0.1% 6.3% and abroad. We expect total opportunities worth ~Rs8 trillion (GDR) 42.6 0.1 0.2% 6.4% (19.9%) over the next 5 years. Reliance Ind (GDR) 54.5 1.0 1.9% (3.4%) 28.1% f KPP’s dependence on power T&D has reduced to 50% in FY20 from 86% in FY17 with increasing opportunity in Oil & Gas and railways COMMODITY MARKET space. The company has successfully increased its presence in new Key Commodities Last Trade Change 1-D 1-Mth YTD segments without losing focus on margin and cash flows. Brent Crude ($/bl) 48.7 (0.1) (0.2%) 11.7% (26.2%) f KPP’s current order book, which stands at Rs123bn (1.6x of FY20 Silver ($/Oz) 24.6 (0.1) (0.3%) 0.8% 36.3% revenue), provides a decent revenue visibility in the near-term. Gold ($/Oz) 1,871.4 (3.5) (0.2%) (0.2%) 20.7% Slowdown in domestic T&D ordering activity is likely to be offset by Copper LME ($/MT) 3.5 0.0 0.2% 11.2% 24.7% opportunity from green energy corridor. Aluminium LME ($/MT) 2,005.3 6.5 0.3% 6.1% 12.1% f We expect KPP to be one of the key beneficiaries of strong transmission capex in both domestic and global markets considering CURRENCY RATES strong visibility on revenue front, sustained earnings momentum Last Trade Change 1-D 1-Mth YTD and likely improvement in return ratios. USD/INR 73.7 (0.32) (0.4%) (0.9%) 3.1% f We value its standalone business at Rs349 (10x of FY23E standalone EUR/INR 89.4 (0.26) (0.3%) 1.9% 11.3% earnings), JMC Projects at Rs19 (10x of FY23E earnings, 30% holdco discount), Shree Shubham Logistics (SSL) at 50% discount to RATES potential valuation. Last Trade Change 1-D 1-Mth YTD T-Bill - 91 D 3.0 0.00 0.00 (0.06) (0.40) Intraday Picks 10 Year G-sec Yield 5.9 (0.00) 0.00 0.00 0.00

SUNTV (PREVIOUS CLOSE: 458) BUY INVESTMENT ACTIVITY (RS. CR) For today’s trade, long position can be initiated in the range of Rs458- Category BUY SELL NET Prev 454 for the target of Rs478 with a strict stop loss of Rs446. FII 8,473.3 5,563.7 2,909.6 3,792.1 DII 3,912.4 6,553.3 (2,640.9) (2,767.1) PETRONET (PREVIOUS CLOSE: 262) BUY For today’s trade, long position can be initiated in the range of Rs261- EXCHANGE TURNOVER 259 for the target of Rs272 with a strict stop loss of Rs254. Exchange Rs Crore BSE Equity 4,048.3 GODREJPROP (PREVIOUS CLOSE: 1256) BUY BSE Derivatives 2,26,251.1 For today’s trade, long position can be initiated in the range of Rs1227- NSE Equity 69,721.0 1215 for the target of Rs1300 with a strict stop loss of Rs1190. NSE Derivatives 22,80,190.8 1 Institutional Equity Research NIFTY 13393 IN FOCUS December 09, 2020 Support 13324 Stock in Focus Kalpataru Power MARKET LENS 13255 Intraday Pic SUNTV Resistance 13449 Intraday Pick PETRONET 13504 Intraday Pick GODREJPROP

Technical Research

MARKET SYNOPSIS f Yesterday, NSE-NIFTY began the session on strong note as the index rose to 13,435 level in the initial trades. Later higher level profit booking dragged the index down. On the lower side, the index found support at around 13,311 mark and bounced. f Finally, NIFTY finished trade at 13,393 level, with the gain of 37 points. f NSE Cash segment reported turnover of Rs 69,721 crore as compared to Rs 68,112 crore reported earlier. f Overall market breadth turned negative after couple of days, where 943 stocks advanced against 1016 declined stocks. f Mix trend was observed across sectoral indices during the day, where PSU Bank emerged as a top gainer with the increase of 7.1%. However Pharma and Metal indices reported loss of 1.2% each.

NSE-NIFTY OUTLOOK f NSE-NIFTY extended gain post a strong start for the week. Yesterday, despite mix global cues the index continued its up-move. Mix trend observed across the sectors and market breadth turned from positive to negative after couple of days. The index reached around its near-term hurdle point-13,500 mark. Though its major technical indicators are positively poised, but sideways movement between 13,200 and 13,500 levels cannot be ruled out. In case of breakout, the index has potential to test 13,700 and 14,000 levels. On the lower side, major support is placed at around 13,000 mark. f As for the day, support is placed at around 13,324 and then at 13,255 levels, while resistance is observed at 13,449 and then at 13,504 levels.

2 Institutional Equity Research NIFTY 13393 IN FOCUS December 09, 2020 Support 13324 Stock in Focus Kalpataru Power MARKET LENS 13255 Intraday Pic SUNTV Resistance 13449 Intraday Pick PETRONET 13504 Intraday Pick GODREJPROP

Derivatives Snapshot f NIFTY50 opened higher and gained traction as the day passed with positive momentum across sectors and stocks to close near the high point of the day. Nifty closed up by 98 points at 13,356 levels. Among the nifty stocks 19 advanced and 30 declined during the day. f Among sectors it was a mixed bag with Auto, Metals and Pharma to decline by 1% average while PSU Banks and Realty gained by 7% and 0.9% for the day. f Broader market indices remained positive with NIFTY 100,200 and 500 to close up by 0.2% average while midcap indices and small cap indices gained by 0.2% for the day. f Nifty Dec futures end with 35 points premium at 13,428 mark while on other hand, Bank Nifty Dec futures ended with the gain of 53 points at 30,314 mark. f Nifty has closed in a doji candle and expect some corrective action from 13,500 levels being the monthly resistance On the downside 12900 will act as strong support from current levels.

Sectoral Activity: Amongst sectoral index, Auto and Metals remained in focus with negative momentum. Stock Activity: Maruti and JSW Steel have witnessed long unwinding in today’s trade.

TOP 5 PRICE GAINERS Stock Name LTP % Price Chg % Vol Chg %OI Chg Support Pivot Resistance 137.00 16.70% 149.75% -16.61% 123 132 146 40.60 13.57% 174.39% 30.18% 37 39 43 65.20 8.40% 111.35% 13.29% 61 64 68 GODREJ PROPERTIES LTD 1256.10 4.00% 218.60% 10.23% 1226 1244 1274 BHEL 36.15 3.43% 109.26% 10.23% 35 36 37

TOP 5 PRICE LOSERS Stock Name LTP % Price Chg % Vol Chg %OI Chg Support Pivot Resistance SUN PHARMACEUTICAL IND L 568.70 -2.34% -49.73% -0.18% 562 572 579 RBL BANK LIMITED 237.30 -2.33% -29.87% 1.81% 232 239 244 JINDAL STEEL & POWER LTD 260.30 -2.27% 22.97% 3.32% 253 261 268 LTD 245.70 -2.21% -17.22% -2.00% 242 248 251 PETRONET LNG LIMITED 261.50 -2.11% 14.85% 11.69% 256 264 269

TOP 5 OI GAINERS Stock NameLTP % Price Chg % Vol Chg %OI Chg Support Pivot Resistance PUNJAB NATIONAL BANK 40.60 13.57% 174.39% 30.18% 37 39 43 CONTAINER CORP OF IND LTD 404.55 -1.41% 32.17% 29.34% 400 407 411 LIMITED 586.30 -0.43% 56.96% 15.56% 579 592 599 SUN TV NETWORK LIMITED 458.25 -1.20% 31.23% 14.12% 448 462 472 706.50 -1.11% 64.90% 14.11% 700 708 715

TOP 5 OI LOSERS Stock Name LTP % Price Chg % Vol Chg %OI Chg Support Pivot Resistance CANARA BANK 137.00 16.70% 149.75% -16.61% 123 132 146 TVS MOTOR COMPANY LTD 507.85 -0.59% -36.19% -7.44% 503 511 516 LTD 325.15 0.29% 38.03% -6.20% 321 325 329 LTD. 2260.00 0.17% -33.26% -4.73% 2241 2259 2279 BHARTI INFRATEL LTD. 240.20 -1.84% -36.45% -4.23% 236 242 247

3 Institutional Equity Research NIFTY 13393 IN FOCUS December 09, 2020 Support 13324 Stock in Focus Kalpataru Power MARKET LENS 13255 Intraday Pic SUNTV Resistance 13449 Intraday Pick PETRONET 13504 Intraday Pick GODREJPROP Derivatives Snapshot

TOP 5 “RISE IN % DEL CHG” Stock Name LTP % Price Chg % Vol Chg %Del Chg Support Pivot Resistance PUNJAB NATIONAL BANK 40.60 13.57% 174.39% 306.90% 37 39 43 UNITED BREWERIES LTD 1112.65 1.64% 209.12% 180.14% 1092 1116 1136 BANK OF BARODA 65.20 8.40% 111.35% 147.66% 61 64 68 LIMITED 3326.20 0.20% 70.96% 142.45% 3290 3337 3374 LIMITED 1195.20 1.63% 157.47% 119.01% 1177 1191 1209

TOP 5 “DECLINE IN % DEL CHG” Stock Name LTP % Price Chg % Vol Chg %Del Chg Support Pivot Resistance 530.70 -0.26% -56.17% -76.45% 521 535 545 LIMITED 2477.45 0.89% 24.96% -72.44% 2428 2460 2510 CHOLAMANDALAM IN & FIN CO 373.05 2.35% -20.22% -70.91% 364 371 380 SUN PHARMACEUTICAL IND L 568.70 -2.34% -49.73% -61.61% 562 572 579 ESCORTS INDIA LTD 1396.05 -0.13% -44.61% -60.63% 1380 1397 1412

SECTORAL ACTIVITY Value Average of OI Average of Price Total Average of Total OI Change % Change % Volume Volume Change % AUTO 325909160 1.66% -0.30% 100255583 27.31% BANKS 1281666650 3.11% 2.61% 659440056 16.58% CAPGOODS 264966601 8.66% -0.12% 105020777 24.24% CEMENT 52813050 0.35% 0.18% 14241288 6.05% FINANCE 366943875 2.14% -0.10% 110636051 2.45% FMCG 298220530 3.43% -0.26% 55806207 5.54% IT 84910250 5.14% 0.46% 22784208 26.33% METALS 524129700 2.09% -1.11% 152067285 -4.37% OIL-GAS 437133770 4.82% -0.32% 116912624 6.24% OTHERS 281747563 2.79% 0.26% 66021547 23.65% POWER 304320100 5.14% -0.68% 82973531 -1.59% TELECOM 993891923 -0.19% -1.14% 197872896 -7.94% Grand Total 5393168072 3.03% 0.00% 1724260880 9.11%

4 Institutional Equity Research NIFTY 13393 IN FOCUS December 09, 2020 Support 13324 Stock in Focus Kalpataru Power MARKET LENS 13255 Intraday Pic SUNTV Resistance 13449 Intraday Pick PETRONET 13504 Intraday Pick GODREJPROP Pivot Table Name LTP Support 2 Support 1 Pivot Resistance 1 Resistance 2 Nifty 50 13393 13255 13324 13380 13449 13504 ADANI PORT & SEZ LTD 463 448 456 465 473 482 LIMITED 2439 2394 2417 2450 2473 2507 AXIS BANK LIMITED 621 606 614 619 626 631 BAJAJ AUTO LIMITED 3326 3253 3290 3337 3374 3421 LTD. 8969 8804 8887 8983 9066 9162 LIMITED 4792 4721 4756 4811 4846 4901 LIMITED 504 490 497 507 513 523 CORP LT 390 383 387 393 397 403 LTD 3645 3602 3624 3639 3661 3677 LTD 766 746 756 768 778 789 LTD 134 130 132 135 137 140 DIVI’S LABORATORIES LTD 3690 3633 3661 3705 3734 3778 DR. REDDY’S LABORATORIES 5015 4893 4954 5017 5078 5141 LTD 2548 2464 2506 2558 2600 2651 GAIL (INDIA) LTD 122 118 120 122 124 127 LTD 926 905 915 929 939 952 HCL TECHNOLOGIES LTD 864 845 855 865 874 885 HDFC LTD 2310 2266 2288 2314 2336 2362 HDFC BANK LTD 1376 1353 1365 1377 1388 1400 HDFC LIFE INS CO LTD 652 637 644 651 658 665 HERO MOTOCORP LIMITED 3168 3126 3147 3176 3197 3226 HINDALCO INDUSTRIES LTD 246 239 242 248 251 256 HINDUSTAN UNILEVER LTD. 2260 2221 2241 2259 2279 2298 ICICI BANK LTD. 508 502 505 509 512 515 INDUSIND BANK LIMITED 917 889 903 921 935 953 INFOSYS LIMITED 1153 1133 1143 1155 1165 1177 INDIAN OIL CORP LTD 91 89 90 91 92 93 ITC LTD 202 197 200 202 205 207 JSW STEEL LIMITED 363 353 358 362 367 372 LTD 1834 1808 1821 1830 1843 1852 LARSEN & TOUBRO LTD. 1171 1133 1152 1167 1187 1202 MAHINDRA & MAHINDRA LTD 754 733 744 754 764 774 INDIA LTD. 7763 7512 7637 7825 7951 8138 NESTLE INDIA LIMITED 17519 17202 17361 17545 17704 17888 NTPC LTD 98 96 97 99 100 102 OIL AND NATURAL GAS CORP. 91 88 89 91 93 95 POWER GRID CORP. LTD. 192 189 190 192 194 196 LTD 1994 1922 1958 1986 2022 2050 SBI LIFE INSURANCE CO LTD 854 843 848 854 859 865 STATE 272 262 267 270 275 279 LIMITED 24776 24379 24578 24934 25132 25488 SUN PHARMACEUTICAL IND L 569 556 562 572 579 588 TATA MOTORS LIMITED 182 175 179 182 185 189 LIMITED 613 593 603 612 622 631 TATA CONSULTANCY SERV LT 2797 2705 2751 2778 2824 2852 LIMITED 932 910 921 934 945 959 LIMITED 1428 1402 1415 1425 1438 1449 ULTRATECH CEMENT LIMITED 5218 5001 5109 5173 5282 5345 UPL LIMITED 473 458 465 477 484 496 LTD 364 356 360 362 366 369 5 Institutional Equity Research NIFTY 13393 IN FOCUS December 09, 2020 Support 13324 Stock in Focus Kalpataru Power MARKET LENS 13255 Intraday Pic SUNTV Resistance 13449 Intraday Pick PETRONET 13504 Intraday Pick GODREJPROP Simple Moving Average Scrip Name Close Rate 20-SMA 50-SMA 100-SMA 200-SMA HIGH_52WEEK LOW_52WEEK NIFTY 13393 12959 12254 11776 10787 13435 7511 BANKNIFTY 30262 29312 26123 24224 22873 32613 16116 SENSEX 45608 44039 41570 39930 36667 45459 25639 ADANIPORTS 463 402 374 356 333 475 203 ASIANPAINT 2439 2243 2162 2019 1853 2484 1431 AXISBANK 621 610 535 490 470 766 286 BAJAJ-AUTO 3326 3133 3040 3018 2806 3385 1789 BAJAJFINSV 8969 8222 6823 6523 6176 9950 3985 BAJFINANCE 4792 4651 3893 3650 3225 4960 1783 BHARTIARTL 504 480 451 487 507 612 362 BPCL 390 389 366 392 376 510 252 BRITANNIA 3645 3564 3603 3700 3414 4010 2100 CIPLA 766 748 763 748 652 829 355 COALINDIA 134 127 120 125 133 215 110 DIVISLAB 3690 3521 3292 3134 2682 3770 1626 DRREDDY 5015 4842 4965 4733 4188 5513 2495 EICHERMOT 2548 2526 2314 2223 1915 2727 1245 GAIL 122 103 93 94 93 133 65 GRASIM 926 866 808 735 653 954 385 HCLTECH 864 833 840 780 654 911 375 HDFC 2310 2289 2097 1946 1869 2500 1473 HDFCBANK 1376 1397 1278 1178 1084 1464 739 HDFCLIFE 652 647 605 603 556 689 340 HEROMOTOCO 3168 3076 3092 2993 2571 3395 1475 HINDALCO 246 223 195 187 160 256 85 HINDUNILVR 2260 2160 2139 2155 2153 2614 1757 ICICIBANK 508 485 436 402 384 552 268 INDUSINDBK 917 845 710 632 587 1585 236 INFY 1153 1123 1104 1030 862 1186 509 IOC 91 87 81 83 85 129 71 ITC 202 192 178 185 184 248 135 JSWSTEEL 363 349 322 291 239 376 133 KOTAKBANK 1834 1834 1592 1470 1396 1948 1001 LT 1171 1112 998 967 948 1384 661 M&M 754 700 647 631 531 764 245 MARUTI 7763 7135 7022 6865 6169 8013 4001 NESTLEIND 17519 17282 16698 16540 16505 18370 12200 NTPC 98 94 88 90 92 125 73 ONGC 91 78 72 75 77 133 50 POWERGRID 192 191 177 177 172 211 122 RELIANCE 1994 1972 2064 2103 1765 2369 865 SBILIFE 854 848 817 837 799 1020 519 SBIN 272 245 217 207 203 340 149 SHREECEM 24776 24086 22285 21606 21063 25656 15410 SUNPHARMA 569 524 507 510 476 592 312 TATAMOTORS 182 169 148 138 116 202 64 TATASTEEL 613 545 454 426 368 633 251 TCS 2797 2696 2687 2495 2231 2885 1506 TECHM 932 870 846 782 680 951 471 TITAN 1428 1339 1267 1190 1086 1441 721 ULTRACEMCO 5218 4900 4602 4292 3985 5237 2910 UPL 473 435 455 473 440 615 240 WIPRO 364 351 345 314 260 382 159 ZEEL 213 195 193 189 180 305 114

6 Institutional Equity Research NIFTY 13393 IN FOCUS December 09, 2020 Support 13324 Stock in Focus Kalpataru Power MARKET LENS 13255 Intraday Pic SUNTV Resistance 13449 Intraday Pick PETRONET 13504 Intraday Pick GODREJPROP Bulk Deals Snapshot Deal Date Scrip Code Company Client Name Deal Type* Quantity Price 12-08-2020 511463 ALEXANDER NAVEEN GUPTA B 43,545 11.2 12-08-2020 511463 ALEXANDER NAVEEN GUPTA S 23,912 11.6 12-08-2020 511463 ALEXANDER KAHAR NIKLESH KANAIYABHAI B 56,547 11.8 12-08-2020 511463 ALEXANDER KAHAR NIKLESH KANAIYABHAI S 103,132 11.5 12-08-2020 531502 ESARIND SUNILDADASAHEBBANSODE B 118,430 1.9 12-08-2020 540936 GGL KALPESH RAJESHBHAI ZINZUVADIA B 86,400 27.5 12-08-2020 540936 GGL VISHAL JITENDRAKUMAR BAROT S 86,400 27.5 12-08-2020 539097 HKG PARESH DHIRAJLAL SHAH S 95,000 31.5 12-08-2020 542446 JONJUA VISHWADEEP SHARMA B 31,200 39.5 12-08-2020 540515 KANUNGO HASMUKH VAGHELA S 41,800 13.0 12-08-2020 540515 KANUNGO ARPIT PIYUSHBHAI SHAH B 41,800 13.0 12-08-2020 530235 KJMCFIN PARSHWA ENTERPRISE S 49,500 6.1 12-08-2020 543240 LIKHITHA KIRTAN M RUPARELIYA S 224,548 157.0 12-08-2020 543240 LIKHITHA ADROIT FINANCIAL SERVICES PRIVATE LIMITED B 106,120 157.3 12-08-2020 543240 LIKHITHA ADROIT FINANCIAL SERVICES PRIVATE LIMITED S 6,120 159.0 12-08-2020 538401 METSL EVERMORE COMMODITY BROKERS PRIVATE LIMITED B 23 121.2 12-08-2020 538401 METSL EVERMORE COMMODITY BROKERS PRIVATE LIMITED S 28,846 121.2 12-08-2020 523782 MITSHI SOLFIC INFOTECH PRIVATE LIMITED S 60,547 25.8 12-08-2020 539767 MNIL SHREE BHUVANAKARAM TRADINVEST PVT LTD S 30,000 22.8 12-08-2020 539767 MNIL SHAH NISHITH B 20,000 22.8 12-08-2020 543247 NETPIX ARYAMAN BROKING LIMITED B 64,000 30.1 12-08-2020 539291 OZONEWORLD AARNAH CAPITAL ADVISORS PVT LTD B 24,544 81.4 12-08-2020 539291 OZONEWORLD PATEL JAYESH S 50,010 81.1 12-08-2020 540159 PURPLE ARPIT PIYUSHBHAI SHAH B 100,000 19.0 12-08-2020 540159 PURPLE HASMUKH RAJESH VAGHELA S 116,552 19.0 12-08-2020 539526 SCTL KAMLESH NAVINCHANDRA SHAH B 1,235,002 1.0 12-08-2020 539526 SCTL KAMLESH NAVINCHANDRA SHAH S 1,023,995 1.0 12-08-2020 539526 SCTL AMIT KANTILAL KOTHARI B 1,530,001 0.9 12-08-2020 539526 SCTL AMIT KANTILAL KOTHARI S 1,834,141 1.0 12-08-2020 539526 SCTL SANDEEPKUMARKALYANPUR S 1,007,350 1.0 12-08-2020 539526 SCTL STRATEGIC SHARES SOLUTIONS PVT LTD S 1,233,625 1.0 12-08-2020 539526 SCTL SEVEN HILL INDUSTRIES LIMITED S 2,010,715 1.0 12-08-2020 539526 SCTL SAVJANI ENTERPRISE S 4,207,680 0.9 12-08-2020 539363 SKC RACHAMADUGU SREEHARI S 52,933 5.5 12-08-2020 539861 SKIL IFCI LTD. S 1,915,616 2.1 12-08-2020 540393 SMLT HARSH SARAWGI S 78,000 15.2 12-08-2020 513517 STEELCAS BELLWETHER CAPITAL PRIVATE LIMITED B 111,352 109.9 12-08-2020 539041 SVPHOUSING DISHA BUILDWELL PRIVATE LIMITED B 112,500 8.4 12-08-2020 539041 SVPHOUSING AJAY KUMAR GARG AND SONS HUF S 112,500 8.4 12-08-2020 509945 THACKER MANJU GAGGAR B 6,500 232.3 12-08-2020 538732 VGCL VAIBHAV VINOD GARG B 350,000 17.1 12-08-2020 538732 VGCL VINOD VAIBHAV GARG S 350,000 17.1 12-08-2020 530627 VIPULORG MANOJ BISHAN MITTAL S 63,371 103.1

*B - Buy, S - Sell, ** = Weighted Average Trade Price / Trade Price 7 Institutional Equity Research NIFTY 13393 IN FOCUS December 09, 2020 Support 13324 Stock in Focus Kalpataru Power MARKET LENS 13255 Intraday Pic SUNTV Resistance 13449 Intraday Pick PETRONET 13504 Intraday Pick GODREJPROP

Corporate Actions Company Name Ex-Date Purpose DCM Financial Services Limited 10-Dec-20 Annual General Meeting GOVERNMENT OF INDIA 10-Dec-20 Interest Payment Paras Petrofils Limited 10-Dec-20 Annual General Meeting Wipro Limited 10-Dec-20 Buyback GOVERNMENT OF INDIA 11-Dec-20 Interest Payment Simbhaoli Sugars Limited 11-Dec-20 Annual General Meeting Visa Steel Limited 11-Dec-20 Annual General Meeting Garden Silk Mills Limited 14-Dec-20 Annual General Meeting Karma Energy Limited 14-Dec-20 Annual General Meeting Mcnally Bharat Engineering Company Limited 14-Dec-20 Annual General Meeting Weizmann Limited 14-Dec-20 Annual General Meeting GOVERNMENT OF INDIA 15-Dec-20 Interest Payment Panacea Biotec Limited 15-Dec-20 Annual General Meeting Jayaswal Neco Industries Limited 16-Dec-20 Annual General Meeting kwality limited 16-Dec-20 Annual General Meeting Responsive Industries Limited 16-Dec-20 Annual General Meeting/Dividend - Rs 0.07 Per Share GOVERNMENT OF INDIA 17-Dec-20 Interest Payment GOVERNMENT OF INDIA 18-Dec-20 Interest Payment Jai Corp Limited 18-Dec-20 Dividend - Rs 0.50 Per Share Setco Automotive Limited 18-Dec-20 Annual General Meeting GOVERNMENT OF INDIA 21-Dec-20 Interest Payment Premier Limited 21-Dec-20 Annual General Meeting Sathavahana Ispat Limited 21-Dec-20 Annual General Meeting Barak Valley Cements Limited 22-Dec-20 Annual General Meeting SKIL Infrastructure Limited 22-Dec-20 Annual General Meeting GOVERNMENT OF INDIA 23-Dec-20 Interest Payment GOVERNMENT OF INDIA 23-Dec-20 Interest Payment/Redemption/ BF Utilities Limited 28-Dec-20 Annual General Meeting GOVERNMENT OF INDIA 28-Dec-20 Interest Payment

8 Institutional Equity Research NIFTY 13393 IN FOCUS December 09, 2020 Support 13324 Stock in Focus Kalpataru Power MARKET LENS 13255 Intraday Pic SUNTV Resistance 13449 Intraday Pick PETRONET 13504 Intraday Pick GODREJPROP

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 13393 IN FOCUS December 09, 2020 Support 13324 Stock in Focus Kalpataru Power MARKET LENS 13255 Intraday Pic SUNTV Resistance 13449 Intraday Pick PETRONET 13504 Intraday Pick GODREJPROP

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