Helical gear reducer H2 flender com H2-CV-27-D

Flender/Flender Gear Units/Helical gear reducer H2

5-May -2 1,0 REDUCE 1,1 1-May -2 1,0 REDUCE 1,1 1-Jul-2 1,1 REDUCE 1,1 1-Aug -2 1,1 REDUCE 1,1 1-Oct-2 1,2 REDUCE 1,1 1-Dec-2 1,5 REDUCE 1,3 From 2nd March 2, we have moved to new rating system RECOMMENDATION HISTORY 7,0,1,2,3,4,5,6,7 Nov -1 Dec-1 Jan-2 Feb-2 Mar-2 Apr-2 May -2 Jun-2 Jul-2 Aug -2 Sep-2 Oct-2 Nov -2Siemens TP Page | 9 Siemens : Results Review 4QFY2 Disclosure: We, Parikshit Kandpal, CFA , Rohan Rustagi, MBA & Chintan Parikh, MBA , authors and the names subscribed to this report, hereby certify that all of the views expressed in this research report accurately reflect our views about the subject issuer() or securities. HSL has no material adverse disciplinary history as on the date of publication of this report. We also certify that no part of our compensation was, is, or will be directly or ndirectly related to the specific recommendation() or view() in this report. Research Analyst or his/her relative or HDFC Securities Ltd. does not have any financial interest in the subject company. Also Research Analyst or his relative or HDFC Securities Ltd. or its Associate may have beneficial ownership of 1% or more in the subject company at the end of the month immediately preceding the date of publication of the Research Report. Further Research Analyst or his relative or HDFC Securities Ltd. or its assoc iate does not have any material conflict of inte rest. Any holding in stock No HDFC Securities Limited (HSL) is SEBI Registered Research Analyst having registration no. INH0. Disclaimer: This report has been prepared by HDFC Securities Ltd and is solely for information of the recipient only . The report must not be used as singular basis of any investment decision. The views herein are of general nature and do not consider the risk appetite or the particular circums tances of an individual investor; readers are requested to take profession al advice before investing.