Disclaimer

No regulated advice

EquityTale is not registered with the Securities and Exchange Board of India as a Research Analyst or as an Investment Adviser, and nothing on this site should be read as a research report or as personalised advice. We do not know your finances, your goals or your tolerance for loss, so nothing here can be tailored to them. We publish no price targets, no stop-losses, no ratings and no forward-looking directional calls on individual securities.

What the numbers are, and are not

Every figure on this site is extracted automatically from filings made to India’s stock exchanges and from official company disclosures. Automated extraction can be wrong: a filing can be restated, a taxonomy can be applied inconsistently, and our reading of either can contain a mistake. Prices and market data are end-of-day and are not real-time.

The valuations we show are the output of standard, well-known models — estimates of what a business might be worth under stated assumptions, not predictions of what its share price will do. How we build this data sets out the extraction rules, the adjustments we apply, and the specific things we decline to publish because we cannot stand behind them. Always confirm anything that matters against the original filing.

Automated market commentary

The daily market brief is written by an automated system from that morning’s market data, and it is published only after passing compliance checks that remove recommendation language and directional calls on named securities. It is general market commentary — index levels, sector moves and the observed reason a stock is in focus — and it is not a research report and not advice.

Advertising

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Found something wrong?

Tell us — corrections are the point of publishing a methodology. Write to contact@equitytale.com or see the contact page. Every figure traces back to a filing, so telling us the company and the number you expected lets us find whether the mistake is in the filing or in how we read it.