Indsil Hydro Power Manganese Ltd @36.20

1. Indsil Hydro Power Manganese Ltd is a 10 rupee face value diversified (Power, Manganese, Iron & Steel ) company.

Security ID : INDSILHYD  Group / Index : XD  Face value : 10.00  Security Code : 522165  ISIN : INE867D01018  Industry : Diversified ( Power, Manganese,Iron & Steel/Interm.Products).

Brief Details of Company:- Indsil Hydro Power Manganese Ltd has mainly 5 businesses:- 1. Ferro Chrome smelting 2.Ferro Silicon Smelting 3. Low Carbon Silico Manganese Smelting 4. Hydro Power Production 5. Thermal Power Production. 

Company has 4 Smelters and 1 Hydropower units and 1 Coal base Thermal Power unit see more details of company here:-http://www.indsil.com/ (company website)

2. Year high of Indsil Hydro Power Manganese Ltd is 46.70 year low was 30.15 and the stock traded at 36.20, Year high/ low ratio is  below 2 , So the stock is stable for fresh buy.  

If you are new reader of my blog and not familiar with my research terms then please see my research terms at this link:-

Research Terms of Short Term Trading Stocks

3. Promoters of Indsil Hydro Power Manganese Ltd hold 54.36 % and Promoters  not pledged any stock  See full list of public shareholding including FII and DII here:-. 

FII &DII Holding

4.Indsil Hydro Power Manganese Ltd  is a dividend paying stock So if we hold it for long term then we get dividends in out holding time,See past dividend history of  Indsil Hydro Power Manganese Ltd  :-

EX Date	Purpose
06/09/2016	Dividend 0.60
08/12/2015	Dividend 1.20
12/12/2014	Dividend 1.20
06/12/2013	Dividend 0.50
10/12/2012	Dividend 1.00

5. Base price of Indsil Hydro Power Manganese Ltd is 35.21 So Indsil Hydro Power Manganese Ltd cross his base price and 200 DMA from lower price to upper price, so this is the best candidate for my trading stocks blog
Link For Last 3 Year Price Data And Graph

6. No any bonus issue right issue and bulk deals are recorded in last two years.

7. Indsil Hydro Power Manganese Ltd net sale per share of Fy 15-16 is 43.96.

8. Net sale per share  43.96 is also higher from CMP, so IHPML is a value buy, June 16 earning is 21.36 cr and if we estimated projected earning of FY 16-17 then it is near 21*4=84.00 cr. The expected net sale per share is 52.87 per year.

9. Book value of Indsil Hydro Power Manganese Ltd is 46.74 Book value is also  higher than CMP, So in book value term  Indsil Hydro Power Manganese Ltd   is a value buy at CMP.

8. Finally I think  Indsil Hydro Power Manganese Ltd   is a best stock for 20%+ trading returns in short term. 

Important note:-  From last few of my recommendations I noted that when I post my recommendation on Sunday then it will open 10%-15% higher from my recommended price. 
It has 2 possible reason one reason is my 8000+ followers put buying order at once and due to demand and supply theory price will up and the second possible reason may be some operators follow my recommendation and they put huge buying orders and caused gap up opening so for protect my goodwill and allow fair trade I decided to publish my research reports only during the market hour.
So  I publish this recommendation when the market is open.

9. 200 DMA of Indsil Hydro Power Manganese Ltd is 35.83 So at CMP 36.20 Indsil Hydro Power Manganese Ltd  recently cross  his 200 DMA and If we see June 2016 Results then we find that company turns around from loss to profit which is a good sign for upward movement.

10. When you calculate fundamental target price with my method ( Read my book or watch my youtube video to learn how to calculate fundamental target price) then you find it is 37.77 only but if you take FY 16-17 projected net sale per share 52.87 from point 8 then FTP will 40.15 so this is the reason that I publish this stock under my sharegenius blog for 20%+ short term returns.

So here: - Buying Range is 35.50 to 38.50
Target Range is 42.60 to 46.20 (20% from buying price)
Stop loss: - Generally, I am not put the stop loss on my personal buyings but I give this stop loss for the short term for traders "Use 10% below from buying price" as stop loss.

10. My recent updates : -     Compucom Software Ltd.

How /When to Average Out a Falling Stock(Hindi Video)

11. Disclaimer:- This is not an advisory service to buy or sell. The contents of “this research report” are only for educational purposes. No liability is accepted for any content in “this research report”. The author is neither a registered stockbroker nor a registered advisor and does not give investment advice. His comments are an expression of opinion only and should not be construed in any manner whatsoever as recommendations to buy or sell a stock, option, future, bond, commodity, index or any other financial instrument at any time.The author recommends that you consult with a qualified investment advisor, one licensed by appropriate regulatory agencies in your legal jurisdiction, before making any investment decisions. Please  read full disclaimer at the bottom of my blog.

12.Discloser:- I Mahesh Chander Kaushik author of this research report is an existing research analyst and passed NISM certification for research analysts. I am also registered under SEBI(RESEARCH ANALYSTS) REGULATIONS, 2014 ( SEBI Registration Number INH 100000908 ) hereby disclose about my financial interest in the subject company and the nature of such financial interest:- 1 Me and my associates or relatives have not hold any share of Indsil Hydro Power Manganese Ltd so my personal interest is not included in this stock. 2. Me and my associates or relatives have not any actual/beneficial ownership of one percent or more securities of the subject company ( Indsil Hydro Power Manganese Ltd). 3. Me and my associates or relatives have not any other material conflict of interest at the time of publication of the research report. 4. Me and my associates or relatives have not  received any type of compensation from the subject company(Indsil Hydro Power Manganese Ltd) in the past twelve months. 5. I am not served as an officer, director or employee of the subject company ( Indsil Hydro Power Manganese Ltd). 6. I have been not engaged in market making activity for the subject company (Indsil Hydro Power Manganese Ltd).

Past Performance of My Sharegenius Multibagger Stocks App Recommendation.

Respected Readers,

Namaskar

I publish 4 Type of Stocks Recommendations through my blogs and app, Many of my readers still confuse that how they trade,/invest in these four types of recommendations.

So, In this article, I told you that " How to use my "Sharegenius Multibagger Stocks App Recommendations" along with other 3 types of stock tips.

Types of My Stock Recommendations:-

1. Multibagger Stocks to invest-These recommendations published on my homepage http://www.maheshkaushik.com/  

If you use my app, then you find it under fundamentals tips tab of my app.

I recommended to investing 10% of your monthly income in every recommendation and not to be greedy. 

Suppose your average monthly income is INR 66589 then invest only INR 6659 in every stock who published under this category.

The holding period for these recommendations are from 1 year to 3 years and expected returns are 30% to 500%., No stop loss is required for long-term holding.

Multibagger stocks recommendations are for holding purpose, and all of these recommendations are dividend paying and full fill all of my stock selecting criteria,

Read past performance of multi-bagger stocks recommendation here:-

Past Performance of Multibagger Stocks

2. My Penny Share: - These recommendations publish on my blog http://mypennyshare.maheshkaushik.com/. 

If you use my app, then you may find it under Penny Share tab of my app. 

Stock below the price of INR 20 which are highly undervalued publishes under penny share.

I recommended investing 5% of your monthly income in my every new penny stock recommendation supposes your monthly income is 20,000 then invest only INR 1000 in each penny share.

The holding period for penny share is one month to 5 years because we not use stop loss for this kind of recommendation. 

We book 25% to 200% profits in penny share

See past performance of penny share here:-

Past Performance of Penny Share

3. Trading stocks for the short term: - These recommendations publish on my blog http://sharegenius.maheshkaushik.com 

You may also find it under "Trading Stocks for Short term" tab of my app.

These recommendations proof my theory of compounding which I give in chapter 2 of my book. Where I told that if you invest initially $100 ( INR 6600) and add $10 (INR660) every month and book 15% profits in my style, then your initial investment of $100(INR6600) will grow $71803722 (INR 4739045652) in 30 Years.

I published a detail performance report of Trading stocks recommendations where I give more details of above Chapter 2 theory and step by step I prove this theory because of many of my book readers email me that it is impossible to make such a huge money through an initial investment of INR 6600 only.
Read part 1 of this performance report here: -How Chinki Earn INR 4,73,90,45,652 from Initial investment of INR 6600

4. My Sharegenius Multibagger Stocks App Recommendation: - These 4th type of recommendations does not publish on my blog, In every 3-7 Days I sent a push notification on my app where I recommended stocks which give a positive breakout over his 30,50, 150 and 200 DMA.

These type of stocks are technically sound stocks and give near 10% to 40% return within 1-2 months so in this post we see past performance of these app recommendations. Before we continue my advice to watch these videos if you do not watch them earlier:-

And also watch this 2nd related video where I told how to find out DMA of stocks and how to calculate DMA of stocks:-

How to Get My App Recommendations: - You can download my app from google play or apple app store from these links:-

https://play.google.com/store/apps/details?id=com.sharegenius.sharegenius

and

https://itunes.apple.com/in/app/sharegenius-multibagger-stock/id1148538345?mt=8

For trading, through my app recommendations, I recommended allocating one time INR 60,000 for these recommendationa initially and invest INR 10,000 in each of new tip and rotate your money.

Rules for Trading in App Recommendation:-

1. Allocate INR 60,000 initially.

2. Invest INR 10,000 in every 30,50,150 &200 DMA breakout stocks.

3. Book 15% profit ( In my book I told 15% profit as standard profit but if you book your profit in the short term means 3 days to 1 months then you need to pay 15% short term capital gains on your profit So If you book 15% profit then you get near 11% return after brokerage, short term capital gain tax, and interest depreciation.)  Interest depreciation mean if you do not trade in the stock market and put your money in saving account then you get near 4% interest without doing anything so when we buy a stock then we do not get this 4% interest I called this interest as interest depreciation during our holding period.

4. 10% stop loss strictly applies in these breakout recommendations.

Now we start to calculate that what you lost or get through my app recommendation:-

1.  25 May 2016: - I publish my 1 st app notification that " Oriental Hotels @ 23.40 Breakout over his 30,50,150 and 200 DMA."

Target =15% above from 23.40= 26.91

Stop Loss= 10% below from 23.40 = 21.06.

Oriental Hotels Hit his target  26.91on 30 June 2016 ( Holding time 1 month 6 days)

2.  26 May 2016: - I publish my 2 nd app notification that " UCAL Fule systems @ 108.10 Breakout over his 30,50,150 and 200 DMA"

Target =15% above from 108.10= 124.31

Stop Loss= 10% below from 108.10 = 97.29.

UCAL Fule systems Hit his target  133 ( after price of 116.90 direct 133.00 will come instead of 124.31) on 16 Aug 2016 ( Holding time 2 month 21 days)

3.  30 May 2016:- I publish my 3rd app notification that " Siemens @ 1202.90 Breakout over his 30,50,150 and 200 DMA"

Target =15% above from 1202.90= 1383.33

Stop Loss= 10% below from 1202.90 = 1082.61.

Stock touch 1355 but still hold for target 1383.33

I think you understand how to use my app recommendations, due to lack of time unable to post performance of all recommendations. 

So kindly download this excel sheet to see all of my earlier app recommendations performance on 16 Sept 2016:-
 Link to app recommendations excel sheet

Above excel sheet is shared by Ravikanth Verma (one of my followers).

If you ask something in comments or through e mail and you do not get any reply from me, then please do not discourage and continue communicate your thoughts with your love and faith.

I feel sorry because due to 20-30 emails per day or near 30-40 comments per day on various posts or youtube It is impossible for me to reply all, but I try my best to answer all of you.

Regards

Mahesh Kaushik.

Panama Petrochem Ltd @ 62

1.Panama Petrochem Ltd is a 2 rupee face value Oil Marketing and Distributing Company.

Security ID : PANAMAPET  Group / Index : B  

Face value : 2.00  

Security Code : 524820  

ISIN : INE305C01029.

Brief Details of Company: - Panama Petrochem Ltd was incorporated on March 9 th 1982 under the name of Panama Petrochem Pvt Ltd as a private limited company. 
Company was converted into a Public Ltd company under the name Panama Petrochem Ltd on December 6th, 1993
Panama Petrochem Ltd is one of the leading manufacturers and exporters of more than 80 variants of specialty petroleum products with four manufacturing plants across India today. 
The products are vital for various industries like inks and resins, textiles, rubber, pharmaceuticals, cosmetics, power, cables and other industrial purposes.
Panama Petrochem is also listed on the Bombay Stock Exchange (BSE) and the National Stock Exchange (NSE)
INFRASTRUCTURE AND R&D
Panama Petrochem Ltd has four manufacturing units in India with a state of art technology and facilities located at Ankleshwar(Gujarat), Daman(Union Territory), Daman(Gujarat) and Taloja (Dist. Raigadh).
The plant at Dahej is a fully computerized facility built on DCS/PLC systems to meet international quality and manufacturing standards. Ankleshwar plant has a fully equipped and DSIR approved R&D center.
Panama Petrochem Ltd also has unfolded its range of manufacturing facilities through the establishment of Panol Industries RMC, FZE a wholly owned subsidiary of the Company situated at Ras Al Khaimah, UAE. The company caters to the GCC and MENA regions and enjoys the logistic advantage as it is located on the port and has direct dedicated pipeline arrangements.
GLOBAL PRESENCE:-
By exploring international markets, Panama Petrochem Ltd. continuously aims to bring about a rise in the exports. Petroleum Jelly, Liquid Paraffin, Transformer Oil, Rubber Process Oil and variety of other products are exported to different countries like USA, UK, Europe, Middle East, Australia, African Subcontinent and South East Asia, etc.,
PRODUCTS RANGE:-
White Oil/Liquid Paraffin Oil
Petroleum Jelly
Transformer Oil
Ink and Coating Oils
Rubber Process Oil
Textile Industry
Industrial Oils and Greases
Automotive Oils
Drilling Fluids
Waxes 

Source:- http://panamapetro.com/ (Company website )

2. Year high of Panama Petrochem Ltd was 79.25 year low was 52.00 and the stock traded at 62.

Year high/ low ratio is below 2.
So stock is stable for fresh buy, If you are new reader of my blog and not familiar with my research terms, then please read my research terms at this link:-

Positional Short Period Research Terms of Mahesh Kaushik

3. Promoters of Panama Petrochem Ltd hold 70.65 % and No any pledged stock from promoters holding.
See full list of public shareholding including FII and DII here:-
Click here to see FII DII holding

4.Panama Petrochem Ltd Panama Petro pay regular dividends since 2004.
So, as per my theory, most of my recommendations are dividend paying, and we get dividends in our holding period, However company does not declare this year dividend yet,  See past  few years dividend history here:-

Dividend Declared (  )

EX Date Amount () 08 Sep 2015 2.0000 12 Aug 2014 6.0000 19 Sep 2013 4.0000 31 Jul 2012 2.0000 24 Nov 2011 3.0000 20 Sep 2011 5.0000 16 Sep 2010 5.0000 23 Sep 2009 4.0000 23 Sep 2008 4.0000 21 Sep 2007 3.0000

5. The base price of Panama Petrochem Ltd is 52.50,  Panama Petro face value split from Rs 10 to 2 at 19 Sept 2014, So download this excel sheet to knew how face value split adjusted when calculated base price. (This sheet also contains last 3-year closing price with the graph.) 
Click Here to Download last three year Closing Price and Base price Calculation of PPL 
So at CMP 62 is 18.09% higher than base price and stock cross his base price from lower price to higher price this is a strong bull indication in my theory.

6. No any bonus issue right issue and bulk deals are recorded in last two years but face value split from face value 10 to 2 has happened on 19 Sept 2014 which near about completed two years.
Panama Petro is the best example that why I say " Avoid a stock at least two years after bonus, split, right issue". Because on 19 Sept 2014 face value of Panama Petro split from 10/- to 2/- and after this face value split Panama Petro stock listed @64.65 on 19 Sept 2014 and Now on 19 Aug 2016 CMP of Panama Petro is 62.00, So investors got nothing in last two years. 
Now when near about two years is completed, and stock already moves from his 30,50,150 DMA and ready to cross 200DMA then I choose it for my research report and June 2016 good results also suggest that stock is ready to move upward.

7. Panama Petrochem Ltd net sale per share of FY 15-16 is 164.79.

8. Net sale per share 164.79  is  higher than CMP, so this stock has chance to become a multi-bagger stock

9. Book value of Panama Petrochem Ltd is 68.00 Book value is also higher than CMP, So in book value term PPCL is a value buy at CMP.

8.200 DMA of Panama Petrochem Ltd is 63.14 So at CMP 62.00 Panama Petro traded below his 200 DMA 63.14, and  I think after this research report on Monday stock open at the higher valuation and give a positive breakout over this DMA. So buying range between 62.00 to 68.00 is good for fresh buy on Monday.

Simple Moving Averages of Panama Petrochem Ltd:-

DAYS	BSE	NSE
30	60.42	60.56
50	58.48	58.52
150	61.37	61.24
200	63.14	63.00

9.Finally, on this sharegenius blog, I publish stocks for  20% returns in 3 months holding period. 
In chapter 2 of my book I wrote that if you invest $100 initially ( add 10% of your monthly income every month) then rotate your money to book 15% profit in every three months then your $100 will grow as $ 7,18,03,722 in 20 years. 
So I make this blog for proving this theory of chapter 2, Soon I publish practical profit booking report of this blog recommendation (like Chandu story).

However, fundamental target price of Panama Petro is 85.58.
So after 20% returns if you wish to hold it then book your profit near 86-90.
 If you want to use stop loss then as my rule of this blog put SL 55.80  (Which is 10% below of 62 and our trading target is 20% up from 62, so risk reward ratio is 1:2)

10. My recent updates: - Chandu Book 23.26% Profit in Guj Sidhee Cement.

11. Disclaimer: - This is not an advisory service to buy or sell. The contents of “this research report” are only for educational purposes. No liability is accepted for any content in “this research report”. The author is neither a registered stockbroker nor a registered advisor and does not give investment advice. His comments are an expression of opinion only and should not be construed in any manner whatsoever as recommendations to buy or sell a stock, option, future, bond, commodity, index or any other financial instrument at any time.The author recommends that you consult with a qualified investment advisor, one licensed by appropriate regulatory agencies in your legal jurisdiction, before making any investment decisions. Please read full disclaimer at the bottom of my blog.

12.Discloser: - I Mahesh Chander Kaushik author of this research report is an existing research analyst and passed NISM certification for research analysts. I am also registered under SEBI(RESEARCH ANALYSTS) REGULATIONS, 2014 ( SEBI Registration Number INH 100000908 ) hereby disclose about my financial interest in the subject company and the nature of such financial interest:- 1 Me and my associates or relatives have not hold any share of Panama Petrochem Ltd, so my personal interest is not included in this stock. 2. Me and my associates or relatives have not any actual/beneficial ownership of one percent or more securities of the subject company ( Panama Petrochem Ltd). 3. Me and my associates or relatives have not any other material conflict of interest at the time of publication of the research report. 4. Me and my associates or relatives have not received any type of compensation from the subject company(Panama Petrochem Ltd) in the past twelve months. 5. I am not served as an officer, director or employee of the subject company ( Panama Petrochem Ltd). 6. I have been not engaged in market making activity for the subject company (Panama Petrochem Ltd).

Time Technoplast Ltd @ 52.30

1. Time Technoplast Ltd is a 1 rupee face value Containers & Packaging Company. BSE Code:-532856 Security ID : TIMETECHNO  Group / Index : B / S&P BSE SmallCap    ISIN : INE508G01029.

Brief Details of Company: - Time Technoplast Ltd (Time Tech) has multinational operations in Bahrain, Belgium, China, Egypt, Indonesia, India, Malaysia, Poland, Romania, Singapore, Sharjah, Taiwan, Thailand, Vietnam.

The company is a leading manufacturer of polymer products.

The company's diversified portfolio  like,:-
Industrial Packaging Solutions,
Lifestyle Products, 
Automotive Components, 
Healthcare Products, 
Infrastructure / Construction related products, 
Material Handling Solutions & Composite Cylinders.
See various brands portfolio of Time Technoplast at this link:-http://www.timetechnoplast.com/brands-popup.htm

Time Tech group operated more than 40 production facilities across the globe and recognized for its innovative plastic products.

Since its inception in 1992, Time Tech has set itself apart from its competition by focusing on research and development, futuristic product designing, superior customer service by setting up 28 manufacturing units & 10 regional and marketing offices to meet the growing demand of Indian customers & further to fill the need gap for global customers.

TTL's strategic expansion overseas in U.A.E, Bahrain, Thailand, and Poland enables it to serve its customers in the Western, Southern and Southeastern region of Asia. Poland allows TTL to have a gateway into Europe.

Source:-http://www.timetechnoplast.com/

2. Year high of Time Technoplast Ltd is 69.90 year low was 42.00 and stock traded at 52.30, Year high/ low ratio is  below 2, So stock is stable for fresh buy,  If you are new reader of my blog and not familiar with my research terms, then please see my research terms at this link

Trading Stocks Research Terms for Positional Calls

3. Promoters of Time Technoplast Ltd hold 58.51 %  and   Promoters Pledged his 23.72% stocks.
 Here for trading stocks, we allow till 33% pledged stocks. Now you understand that due to 23.72% pledged stocks this stock is published on sharegenius blog for 20%+ trading gains and not posted at my home page www.maheshkaushik.com

See full list of public shareholding including FII and DII here:-

Link of Detail Public shareholding & Mutual Funds Holding

4.Time Technoplast Ltd pay regular dividends since 2008. So as per my theory, most of my recommendations are dividend paying, and we get dividends in out holding period.
Because personally I do not use stop loss and hold till stock give me 15% to 20 % profits so if my holding time is more than three months I get dividends. See past dividend history here:-

Dividend Declared (  )

EX Date Amount () 16 Sep 2015 0.5000 23 Sep 2014 0.4500 17 Sep 2013 0.4500 20 Sep 2012 0.4500 15 Sep 2011 0.4500 16 Sep 2010 0.4000 10 Sep 2009 0.3500 23 Sep 2008 3.0000

5. The base price of Time Technoplast Ltd is 47.01 So for the trading purpose we buy a stock who recently cross his base price from downside to upside ( Refer my book for more detail).
In this example the stock Time Techno touch his 52 weeks low 42.00 at 12 FEB 2016, and now this stock crossed his base price 47.01 from downside to upside and traded @52.30 So this is a golden situation as per my rules.

6. No any bonus issue right issue and bulk deals are recorded in last two year which shows price stability.

7. Time Technoplast Ltd net sale per share of FY 15-16 is 66.97.

8. Net sale per share 66.97 is also higher than CMP, so If we buy @52.30, we have the chance to get the price near 66.97. 

Some of my investors confused about the target price of stock. 

We can assume target price of any stock in 3 ways:-

1. The simple way " Net Sale per share is the target of stock" watch here:-

https://www.youtube.com/watch?v=1rdWmenk_wM

2. Next simple way 20%+ base price is the target of stock, Watch this video:-

https://www.youtube.com/watch?v=qR6EQk1f1cM

3. Complex way is fundamental target price which describes in this video: -

 So here we buy this stock for trading purpose and want to get 20% + return within three months, so we do not use fundamental target price for trading stocks, we use 20%+ target from our buying price ( or first method net sale per share).

In this situation our target is between 62.76 ( 20% above of 52.30) to 66.97 ( Net sale per share), Time Frame 3 months, Stop Loss 10% below from buying price=47.07

9. Book value of Time Technoplast Ltd is 55.43 Book value is also higher than CMP, So in book value term TTL is a value buy at CMP.

8. Time Technoplast is a well-diversified company for short term trading purpose and also useful for long-term holding more than one year.

9. 200 DMA of Time Technoplast Ltd is 51.71 So at CMP 52.30,, So TTL traded over his 200 DMA 

Simple Moving Averages

Days	BSE	NSE
30	49.85	49.81
50	49.14	49.09
150	50.29	50.25
200	51.71	51.67

and  here I provide last 3-year closing price chart of Time Techno:-
Click Here to Download last 3 Years Closing Price and Graph

10. My recent updates : -    Buy RCF @ 46.50

11. Disclaimer: - This is not an advisory service to buy or sell. The contents of “this research report” are only for educational purposes. No liability is accepted for any content in “this research report”. The author is neither a registered stockbroker nor a registered advisor and does not give investment advice. His comments are an expression of opinion only and should not be construed in any manner whatsoever as recommendations to buy or sell a stock, option, future, bond, commodity, index or any other financial instrument at any time.The author recommends that you consult with a qualified investment advisor, one licensed by appropriate regulatory agencies in your legal jurisdiction, before making any investment decisions. Please  read full disclaimer at the bottom of my blog.

12.Discloser:- I Mahesh Chander Kaushik author of this research report is an existing research analyst and passed NISM certification for research analysts. I am also registered under SEBI(RESEARCH ANALYSTS) REGULATIONS, 2014 ( SEBI Registration Number INH 100000908 ) hereby disclose about my financial interest in the subject company and the nature of such financial interest:- 1 Me and my associates or relatives have not hold any share of Time Technoplast Ltd so my personal interest is not included in this stock. 2. Me and my associates or relatives have not any actual/beneficial ownership of one percent or more securities of the subject company ( Time Technoplast Ltd). 3. Me and my associates or relatives have not any other material conflict of interest at the time of publication of the research report. 4. Me and my associates or relatives have not  received any type of compensation from the subject company(Time Technoplast Ltd) in the past twelve months. 5. I am not served as an officer, director or employee of the subject company ( Time Technoplast Ltd). 6. I have been not engaged in market making activity for the subject company (Time Technoplast Ltd).