Last Update Time:
28-Feb-2025 16:00:00
ISIN:
INE914E01040
Sector:
Services
Symbol:
ALANKIT
Alankit Limited
₹15.98
₹-0.54
(-3.27%)
▼
Prev. Close
₹16.52
Open
₹16.27
Close
₹15.93
Range
₹15.18 - ₹16.78
High
₹16.50
Low
₹15.73
Ind. Close
₹0.00
VWAP
₹16.09
The current stock price of Alankit Limited is ₹15.98, with a target price range between ₹15.18 and ₹16.78. The stock has experienced a price change of ₹-0.54 (-3.27%), reflecting recent market volatility.
Today's opening price was ₹16.27, while the previous close stood at ₹16.52.
The market trend suggests a potential downtrend, with investors exercising caution due to recent declines. Analysts recommend closely monitoring support levels.
For real-time stock market updates, live share prices, and stock analysis, stay tuned. Understanding key stock metrics like VWAP, high-low range, and market momentum can help traders make informed investment decisions.
Alankit Limited Price Chart
Alankit Limited Pre Open Market Overview: 28-Feb-2025
Key Metrics:
- IEP (Indicative Equilibrium Price): 16.27
- Previous Close Price: 16.52
- Change: -0.25%
- Total Traded Volume: 748
- Total Buy Quantity: 23,022
- Total Sell Quantity: 15,078
| Price | Buy Qty | Sell Qty |
|---|---|---|
| 15.95 | 300.00 | 0.00 |
| 16.00 | 722.00 | 0.00 |
| 16.05 | 100.00 | 0.00 |
| 16.15 | 294.00 | 0.00 |
| 16.20 | 123.00 | 0.00 |
| 16.27 | 0.00 | 1,377.00 |
| 16.30 | 0.00 | 123.00 |
| 16.35 | 0.00 | 294.00 |
| 16.52 | 0.00 | 1,000.00 |
| 16.55 | 0.00 | 860.00 |
ATO Data:
- Buy Quantity (ATO): 0
- Sell Quantity (ATO): 0
Order Book
| Bid | Qty | Ask | Qty |
|---|---|---|---|
| 0.00 | 0 | 0.00 | 0 |
| 0.00 | 0 | 0.00 | 0 |
| 0.00 | 0 | 0.00 | 0 |
| 0.00 | 0 | 0.00 | 0 |
| 0.00 | 0 | 0.00 | 0 |
Total Buy Quantity: 23022
Total Sell Quantity: 15078
Shareholding Patterns of Alankit Limited
Key Trade Statistics of Alankit Limited
| Trade Information | Details |
|---|---|
| Traded Volume (Lakhs) | 4.04 |
| Traded Value (₹ Cr.) | 0.65 |
| Total Market Cap (₹ Cr.) | 433.31 |
| Free Float Market Cap (₹ Cr.) | 171.48 |
| Impact cost | 0.25 |
| Quantity Traded | 403,680.00 |
| Deliverable Quantity | 231,184.00 |
| % of Quantity to Traded | 57.27 |
| Security VaR | 20.81 |
| Index VaR | N/A |
| VaR Margin | 20.81 |
| Extreme Loss Rate | 3.5 |
| Adhoc Margin | N/A |
| Applicable Margin Rate | 24.31 |
| Face Value | 1 |
Key Price Statistics of Alankit Limited
The 52-week high for Alankit Limited was ₹29.61, recorded on 26-Aug-2024. On the other hand, the 52-week low stands at ₹14.86, with the lowest value recorded on 19-Feb-2025.
The upper band for trading is ₹19.82, and the lower band is ₹13.21. The price band is 20%.
The stock's daily volatility stands at 3.15, while the annualized volatility is 60.18. The tick size for trading is ₹0.01.
| Price Information | Details |
|---|---|
| 52 Week High (26-Aug-2024) | 29.61 |
| 52 Week Low (19-Feb-2025) | 14.86 |
| Upper Band | 19.82 |
| Lower Band | 13.21 |
| Price Band (%) | 20 |
| Daily Volatility | 3.15 |
| Annualised Volatility | 60.18 |
| Tick Size | 0.01 |
Key Securities Statistics of Alankit Limited
| Securities Information | Details |
|---|---|
| Status | Listed |
| Trading Status | Active |
| Date of Listing | 30-Jun-2015 |
| Adjusted P/E | 18.89 |
| Symbol P/E | 18.89 |
| Index | NA |
| Macro-Economic Sector | Services |
| Sector | Services |
| Industry | Commercial Services & Supplies |
| Basic Industry | Diversified Commercial Services |
Security Status of Alankit Limited
| Title | Details |
|---|---|
| Board Status | Main |
| Trading Segment | Normal Market |
| Session No. | - |
| Class of Shares | Equity |
| SDD Compliance | - |
| Name of Compliance Officer | - |
Announcements of Alankit Limited
| Subject | Date |
|---|---|
| Copy of Newspaper Publication | 31-Jan-2025 |
| Integrated Filing- Financial | 31-Jan-2025 |
| Acquisition-XBRL | 30-Jan-2025 |
| Acquisition | 30-Jan-2025 |
| Financial Result Updates | 30-Jan-2025 |
| Outcome of Board Meeting | 30-Jan-2025 |
| Copy of Newspaper Publication | 28-Jan-2025 |
| Board Meeting Intimation | 22-Jan-2025 |
Corporate Actions of Alankit Limited
| Face Value | Purpose | Ex-Date |
|---|---|---|
| 1 | Annual General Meeting | 14-Aug-2024 |
| 1 | Annual General Meeting | 18-Sep-2023 |
| 1 | Annual General Meeting/Dividend - Re 0.20 Per Share | 21-Sep-2022 |
| 1 | Annual General Meeting/Dividend - Rs 0.20 Per Share | 03-Aug-2022 |
| 1 | Annual General Meeting/Dividend - Rs 0.20 Per Share | 17-Sep-2021 |
| 1 | Annual General Meeting/Dividend - Rs 0.20 Per Share | 20-Aug-2020 |
| 1 | Annual General Meeting | 19-Sep-2019 |
| 1 | Interim Dividend - Re 0.20 Per Share | 28-Mar-2019 |
| 1 | Annual General Meeting | 19-Sep-2018 |
| 1 | Interim Dividend - Re 0.20 Per Share | 21-Feb-2018 |
| 1 | Annual General Meeting/Dividend - Re 0.10 Per Share(Dates Revised) | 18-Sep-2017 |
| 1 | Interim Dividend Re 0.10 Per Share | 08-Feb-2017 |
| 1 | Fv Splt Frm Rs 2 To Re 1 | 15-Dec-2016 |
| 1 | Bonus 1:1 | 19-Oct-2016 |
| 1 | Annual General Meeting/Dividend - Re 0.20/- Per Share | 28-Jul-2016 |
| 1 | Interim Dividend - Re 0.20/- Per Share | 20-Jan-2016 |
| 1 | Face Value Split (Sub-Division) - From Rs 10/- Per Share To Rs 2/- Per Share | 23-Sep-2015 |
| 1 | Annual General Meeting/Dividend - Re 1/- Per Share | 31-Jul-2015 |
Board Meetings of Alankit Limited
Financial Results of Alankit Limited
Company Directory of Alankit Limited
| Web Address | Office | Address | City |
|---|---|---|---|
| www.alankit.in | Head Office/ Corporate Office | 42/E, Jhandewalan Extension, |
NEW DELHI |
| www.alankit.in | Registered Office | 205-208, AnarkaliComlex, Jhandewalan Extension, |
NEW DELHI |
| www.alankit.in | Transfer Agent | Alankit Assignments Limited 1E/13, Jhandewalan Extension, |
NEW DELHI |
Insider Trading of Alankit Limited
| Reg. Clause | Acq./Disp. | Sec. Value | Txn Type |
|---|---|---|---|
| 7(2) | Master Avyaan Agarwal | 0 | Buy |
| 7(2) | Ankit Agarwal | 0 | Buy |
| 7(2) | Alankit Finsec Limited | 571727880 | Buy |
| 7(2) | Alankit Assignments Limited | 157727880 | Sell |
| 7(2) | Alankit Associates Private Limited | 414000000 | Sell |
| 7(2) | ALANKIT ASSIGNMENTS LIMITED | 3604000 | Sell |
| 7(2) | ALANKIT ASSIGNMENTS LIMITED | 3604000 | Sell |
| 7(2) | ALANKIT ASSIGNMENTS LIMITED | 881000 | Sell |
| 7(2) | ALANKIT ASSIGNMENTS LIMITED | 5708880 | Sell |
| 7(2) | ALANKIT ASSIGNMENTS LIMITED | 1573778 | Sell |
| 7(2) | ALANKIT ASSIGNMENTS LIMITED | 7577597 | Sell |
| 7(2) | ALANKIT ASSIGNMENTS LIMITED | 10548000 | Sell |
| 7(2) | ALANKIT ASSIGNMENTS LIMITED | 11778600 | Sell |
| 7(2) | ALANKIT ASSIGNMENTS LIMITED | 12033600 | Sell |
| 7(2) | ALANKIT ASSIGNMENTS LIMITED | 11429750 | Sell |
| 7(2) | ALANKIT ASSIGNMENTS LIMITED | 11072000 | Sell |
| 7(2) | ALANKIT ASSIGNMENTS LIMITED | 11245000 | Sell |
| 7(2) | ALANKIT ASSIGNMENTS LIMITED | 10775050 | Sell |
| 7(2) | ALANKIT ASSIGNMENTS LIMITED | 12295800 | Sell |
| 7(2) | ALANKIT ASSIGNMENTS LIMITED | 10620000 | Sell |
Annual Reports of Alankit Limited
Investor Complaints of Alankit Limited
Event Calendar of Alankit Limited
| Purpose | Details |
|---|---|
| Results/Others | to interalia consider and take on record the followings To consider and adopt unaudited financial results of the Company for the 1st quarter ended June 30, 2015. To confirm the appointment Mr. Kamal N Gupta as Company secretary and Compliance officer of the Company. To consider and approve sub-division of 1(one) Equity share of face value of Rs.10/- each into 5 (five) Equity shares of Rs. 2/- each. To appoint Ms. Preeti Puri as the woman director of the Company To consider and adopt revised Director's report of the Company for the financial ended March 31, 2015 and the notice of Annual General Meeting of the Company. |
| Others | To interalia consider and take on record the followings:1. To consider the appointment of company as Business Correspondent of State Bank of India and ICICI Bank Limited.2. To take on record the business awarded by EESL for distribution of LED bulbs.3. To consider the resignation by Shri Rajeshwar Prasad Agrawal, Director of the Company.4. To consider the appointment of Mr. Alok Kumar Agarwal as an Additional Director of the Company.5. To consider valuation and finalization of agreement for taking over e-governance business. |
| Results/Others | 1. To consider and adopt unaudited financial results of the Company for the half year and 2nd quarter ended September 30, 2015.2. To appoint Ms. Preeti Puri as Whole Time Director & Company Secretary of the Company on the remuneration as approved by the Board.3. To take on record the resignation by Mr. Kamal Narain Gupta, Company Secretary of the Company. |
| Results/Dividend | To interalia consider and take on record the followings: (1). To consider and adopt unaudited financial results of the Company for the 3rd quarter ended December 31st, 2015.(2). To consider declaration of Interim dividend. |
| Results/Dividend | interalia consider and take on record the followings:1) To consider the appointment of Mr. Atul Kumar as Chief Financial Officer of the Company.2) To consider appointment of new Statutory Auditors of the company for the financial year 2016-17.3) To consider reconstitution of Audit and Nomination & Remuneration Committee.4) To consider and recommend the final Dividend and fix record date.5) To consider and adopt audited Standalone financial statement for the 4th quarter and financial year ended 31st March, 2016 along with Audited Balance Sheet and Auditors Report.6) To consider and adopt audited consolidated financial statements of the company for the financial year ended 31st March, 2016 along with Audited Balance Sheet and Auditors Report.7) To approve draft Director's Report and to authorize Directors to sign the same.8) To fix date, day and time of Annual General Meeting and approve draft notice of Annual General Meeting. 9) To fix of cut off date and book closure for Annual General Meeting. |
| Results/Others | to interalia consider and take on record the followings: 1)To consider and adopt unaudited Standalone financial results (under Ind-AS) of the company for the 1st quarter ended June 30, 2016. 2.)To consider Increase in Authorised Share Capital. 3)To consider Issue of Bonus Shares. 4)To consider Sub-Division of Shares. |
| Results/Others | to interalia consider and take on record the followings: (1) To consider and approve the Unaudited Standalone Financial results (Under Ind-AS) for the 2nd Quarter and Half Year ended September 30, 2016.(2) To make additions in the Powers of the Management Committee as per Section 179 of the Companies Act, 2013. |
| Results/Dividend | To inter alia consider and take on record the followings: 1. To consider and adopt Unaudited Financial results and Limited Review Report (under Ind-AS) of the company for the 3rd quarter ended December 31, 2016. 2. To ratify the appointment of Mrs. Preeti Chandra as Company Secretary and to take note of her Change in Designation. 3. To Consider the Declaration of Interim Dividend. 4. To Constitute the Corporate Social responsibility Committee of the Board. 5. To consider the purchase of shares of Alankit Global Resources DMCC. |
| Results/Dividend | 1) To consider and recommend the final Dividend and fix record date. 2) To consider and adopt audited Standalone financial statement for the 4th quarter and financial year ended March 31, 2017 along with Audited Balance Sheet and Auditors Report. 3)To consider and adopt audited consolidated financial statements of the company for the financial year ended March 31, 2017 along with Audited Balance Sheet and Auditors Report. 4) To approve draft Director s Report along with enclosures and to authorize Directors to sign the same. 5) To fix date, day and time of Annual General Meeting and approve draft notice of Annual General Meeting. 6) To fix cut off date and book closure for Annual General Meeting. |
| Results/Others | To interalia consider and take on record the followings: (1). To consider and adopt unaudited Standalone financial results of the company for the 1st quarter ended June 30, 2017. (2). To consider the matter of revise date, day and time of Annual General Meeting and approve revise notice of Annual General Meeting. (3). To fix revise cut-off date and book closure for Annual General Meeting. (4). |
| Results/Others | inter alia consider and take on record mainly: 1) To consider and adopt Unaudited Standalone Financial Results ( under Ind-AS) of the Company for the 2nd quarter and half year ended September 30, 2017. 2) To consider the limited Review report for the quarter ended September 30, 2017. 3) To consider the matter of appointment of Mr. Pravin Kumar Bansal as Additional director of the Company. 4) To consider the matter of appointment and fixation of remuneration of Mr. Pravin Kumar Bansal as Whol Time Director to be designed as Executive Director of the Company subject to the approval of shareholders. 5) For Implementation of VAT in UAE and other gulf countries to establish a Joint Venture in Dubai and Make Investments. 6) To approve purchase of Land at New Delhi for corporate office of the company. 7) To Invest in Alankit Life Care Limited by Making it wholly owned subsidiary Company and Alankit Life Care Limited is proposing to apply for full fledged Money Changer License to RBI. 8) To consider the matter of increase in remuneration of Mr. Ankit Agarwal, Managing Director of the Company subject to the approval of shareholders. 9) To enter into Royalty Agreement subject to the approval of shareholders. 10) To purchase various softwares from Alankit Assignments Limited. 11) To approve postal ballot notice along with explanatory statement and to appoint scrutinizer for conducting postal ballot and to fix calendar of events related thereto. |
| Results/Dividend | to interalia consider and approve the followings: 1) To consider and adopt Unaudited Standalone Financial results and Limited Review Report(under Ind-AS) of the company for the 3rd quarterand nine months ended on December 31, 2017. 2) To consider and appoint Mr. Santoshi Lal Gupta, Chartered Accountant as the CFO of the company. 3) To consider the matter related to the Investments in Verasys Technologies Private Limited. 4) To Consider the Declaration of Interim Dividend and to fix record date for determining shareholders for the payment of Interim Dividend, subject to the approval of the same by the Board of Directors.. |
| Financial Results/Other business matters | To consider and approve the financial results for the period ended March 31, 2018 and other business matters |
| Other business matters | To consider other business matters |
| Financial Results | 1. To consider and adopt unaudited Standalone financial results of the company for the 1st quarter ended 30th June, 2018.2. To alter the main object clause of Memorandum of Association of the Company. |
| Financial Results | To consider and approve the financial results for the period ended September 30, 2018 |
| Financial Results | To consider and approve the financial results for the period ended December 31, 2018 |
| Dividend | To consider Interim Dividend for the FY 2018-19 and to fix 26.03.2019 as Record Date. |
| Financial Results/Other business matters | To consider and approve the financial results for the period ended March 31, 2019 and other business matters |
| Financial Results | To consider and approve the financial results for the period ended Jun 30, 2019 |
| Other business matters | 1. To take note of approval of Scheme of Arrangement of wholly owned subsidiaries of the company i.e. Europlus Financial Services Limited and Euro Global Brokers Limited with Alankit Technologies Limited.2. To consider and appoint Ms. Khushboo Arora as Company Secretary of the Company to fill the casual vacancy caused by resignation of Mrs. Milli Mehta. |
| Other business matters | To consider other business matters |
| Financial Results | To consider and approve the financial results for the period ended September 30, 2019 |
| Financial Results/Other business matters | To consider and approve the financial results for the period ended December 31, 2019 and other business matters |
| Other business matters | To consider other business matters |
| Other business matters | To consider other business matters |
| Financial Results/Dividend/Other business matters | To consider and approve the financial results for the period ended 0 , , dividend and other business matters |
| Fund Raising | To consider Fund Raising |
| Financial Results | To consider and approve the financial results for the period ended Jun 30, 2020 |
| Financial Results | To consider and approve the financial results for the period ended September 30, 2020 |
| Financial Results | To consider and approve the financial results for the period ended December 31, 2020 |
| Financial Results | ￂﾠ1. To consider and adopt audited Standalone Financial Statements for the 4th quarter and financial year ended 31st March, 2021 along with Audited Balance Sheet and Auditors Report. 2. To consider and adopt audited Consolidated Financial Statements of the company for the financial year ended 31st March, 2021 along with Audited Balance Sheet and Auditors Report. 3. To take note of appointment of Ms. Ritu Tomar as Company Secretary and Compliance officer of the Company to fill the casual vacancy caused by resignation of Ms. Khushboo Arora. 4. To approve the draft Director s Report along with enclosures. |
| Financial Results/Dividend/Other business matters | To consider and approve the financial results for the period ended Jun 30, 2021, dividend and other business matters |
| Financial Results | 1. To consider and adopt unaudited Standalone and consolidated financial results of the company for the 2nd quarter and half year ended 30th September, 2021.2. To consider the Limited Review Report (under Ind-AS) of the company for the 2nd Quarter and half year ended 30th September, 2021. 3. To consider the appointment of Mr. Raja Gopal Reddy Guduru as an additional Director of the Company.4. To Consider the matter of Resignation of Ms. Ritu Tomar from the post of Company Secretary and Compliance officer of the Company.Pursuant to the Company's Internal Code for Prevention of Insider Trading, the Trading Window for dealing in the securities by the designated employees of the Company has already been closed from November 01, 2021 till 48 hours after declaration of financial results. You are requested to kindly take above information on record. |
| Fund Raising | To consider Fund Raising |
| Financial Results | 1. To appoint Chairman of the Company.2. To approve change in designation of Mrs. Meera Lal from Independent Women Director to Non Executive Director.3. To Consider and adopt unaudited Standalone and consolidated financial results of the Company for the 3rd quarter and 9 months ended 31st December, 2021.4. To Consider the Limited Review Report (under Ind-AS) for the 3rd quarter and 9 months ended 31st December, 2021. |
| Other business matters | Alankit Limited has informed the Exchange about Board Meeting to be held on 21-Mar-2022 to consider Other business matters |
| Financial results | Alankit Limited has informed the Exchange about Board Meeting to be held on 30-May-2022 to consider financial statements for the period ended March 2022 |
| Financial results | Alankit Limited has informed the Exchange about Board Meeting to be held on 29-Oct-2022 to consider financial statements for the period ended September 2022 |
| Financial Results | To consider and approve the financial results for the period ended December 31, 2022 |
| Financial Results | To consider and approve the financial results for the period ended March 31, 2023 |
| Financial Results | To consider and approve the financial results for the period ended Jun 30, 2023 |
| Financial Results | To consider and approve the financial results for the period ended September 30, 2023 |
| Financial Results/Fund Raising/Other business matters | To consider and approve the financial results for the period ended December 31, 2023, Fund Raising and other business matters |
| Financial Results/Other business matters | To consider and approve the financial results for the period ended March 31, 2024 and other business matters |
| Other business matters | To consider other business matters |
| Financial Results/Other business matters | To consider and approve the financial results for the period ended Jun 30, 2024 and other business matters |
| Financial Results | To consider and approve the financial results for the period ended September 30, 2024 |
| Financial Results | To consider and approve the financial results for the period ended December 31, 2024 |
Share Transfers of Alankit Limited
Voting Results of Alankit Limited
| Date of Mtg. | Mtg. Type | Resolution |
|---|---|---|
| 22-AUG-2024 | AGM | To receive, consider and adopt the Audited Standalone Financial Statements of the Company for thenFinancial Year ended March 31st, 2024 together with the Reports of the Board of Directors and thenAuditors thereon. |
| 22-AUG-2024 | AGM | Re appointment of Mr. Ankit Agarwal as the Managing Director of the Company |
| 22-AUG-2024 | AGM | To increase the limit from Rs 200 Crores (Rupees Two Hundred Crores Only) to Rs 1,000 Crores (Rupees One Thousand Crores Only) for granting loan giving guarantee or making the investment pursuant to section 186(3) of the Companies Act, 2013 n n |
| 22-AUG-2024 | AGM | Increase the borrowing limit of the Company from Rs. 500 Crores (Rupees Five HundrednOne Thousand Crores Only) to Rs. 1000 crores (Rupees One Thousand Crores Only) in excess of the limitsnprescribed under Section 180(1)(c) of the Companies Act, 2013. |
| 22-AUG-2024 | AGM | Regularization of Ms. Meenu Agrawal (DIN: 10679504) as an Independent Director of thenCompany. |
| 22-AUG-2024 | AGM | Regularization of Mr. Ashok Kumar Sinha (DIN: 08812305) as an Independent Director of thenCompany. |
| 22-AUG-2024 | AGM | To approve the Related Party Transactions of the Company |
| 22-AUG-2024 | AGM | To appoint a Director in place of Mr. Raja Gopal Reddy Guduru (DIN: 00181674), who retires bynrotation and being eligible, offers himself for re-appointment. |
| 22-AUG-2024 | AGM | To receive, consider and adopt the Audited Consolidated Financial Statements of the Company fornthe Financial Year ended March 31st, 2024 together with the Report of the Auditors thereon. |
| 11-MAR-2024 | EGM | INCREASE IN AUTHORIZED SHARE CAPITAL AND CONSEQUENT ALTERATION IN THE CAPITAL CLAUSE OF THE MEMORANDUM OF ASSOCIATION OF THE COMPANY |
| 11-MAR-2024 | EGM | ISSUANCE OF UP-TO 1,50,000 EQUITY SHARES ON PREFERENTIAL BASIS, FOR CASH CONSIDERATION |
| 11-MAR-2024 | EGM | ISSUANCE OF UP TO 4,73,50,000 EQUITY SHARES ON PREFERENTIAL BASIS TOWARDS CONVERSION OF OUTSTANDING UNSECURED LOAN |
| 26-SEP-2023 | AGM | To consider and adopt the Audited Standalone Financial Statements of the Company for the Financial Year ended 31st March, 2023, together with the Reports of the Directors and Auditors thereon |
| 26-SEP-2023 | AGM | To approve the Related Party Transactions of the Company |
| 26-SEP-2023 | AGM | To re-appoint M/S. Kanodia Sanyal & Associates, Chartered Accountants, Statutory Auditors of the Company and to fix their remuneration |
| 26-SEP-2023 | AGM | To appoint M/s. Kanodia Sanyal & Associates, Chartered Accountants, as the Statutory Auditors of the Company to fill the Casual Vacancy. |
| 26-SEP-2023 | AGM | To appoint a Director in place of Mrs. Meera Lal (DIN: 08689247), who retires by rotation and being eligible, offers herself for re-appointment. |
| 26-SEP-2023 | AGM | To consider and adopt the Audited Consolidated Financial Statements of the Company for the Financial Year ended 31st March, 2023, together with the Reports of the Auditors thereon. |
| 28-DEC-2022 | EGM | Appointment of M/s. Nemani Garg Agarwal & Co, Chartered Accountants (FRN: 010192N), as the Statutory Auditors of the Company to fill in the casual vacancy caused by resignation of M/s. B K Shroff & Co, Chartered Accountants |
| 28-DEC-2022 | EGM | Approval for Increase in the Authorised Share Capital of the Company |
FAQs on Alankit Limited
Disclaimer: The information provided here is for informational purposes only and should not be considered financial advice. Please do your own research and consult with a financial professional before making any investment decisions.