Last updated: 24 August 2026
These terms govern your use of The Microcap Minute and The Microcap Minute Global, published by Ayush Agrawal (“we”, “us”). By subscribing to or reading an issue, you accept them. Our paid course, Master AI Automation in 4 hours, is sold through Udemy and directly on ai.themicrocapminute.in. Udemy purchases, accounts and refunds are governed by Udemy’s own terms. Direct purchases are governed by these Terms and our Cancellation and Refund Policy; for those sales The Microcap Minute (Ayush Agrawal) is the merchant of record, and Zoho Checkout acts only as the payment processor. See the AI Course Policy.
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It is impersonal commentary, published on a regular schedule to a general audience. Every subscriber receives identical content.
It is not personalised advice, and no reader is a client. Nothing here is a recommendation to buy, sell, or hold any security. There are no ratings, no price targets, and no forecasts. We do not know your financial situation, objectives, or risk tolerance, and nothing we publish is tailored to them.
It covers only securities listed on non-Indian exchanges. Readers of any nationality or residency are welcome; the restriction is on subject matter, not audience. Depositary receipts and other instruments of companies also listed on an Indian exchange are excluded from coverage.
Two steps produce each issue, and only one of them is mechanical. The tests applied to a company are mechanical and are printed in full in every issue. The step before them is not: which sectors are followed, which industry funds are shown, and which companies are carried into those tests, is the publisher’s own reading of a Relative Rotation Graph, done by eye. It is a judgement, and another reader could reasonably reach a different one.
The full Disclaimer applies to every issue and forms part of these terms. How an issue is put together is set out in our Methodology.
Relative strength, price history, and past financial results describe what has already happened. They do not predict future returns. Any decision you take after reading is yours alone.
Do your own research. Conduct independent due diligence and consult a financial professional licensed in your own jurisdiction before making any investment decision.
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Two sources, supplying different things.
StockCharts.com provides the Relative Rotation Graphs. These are what the publisher reads to decide which sectors an issue follows, which industry funds are shown, and which companies are carried into the tests, so they are the first input to every issue, and they are reproduced in each issue under StockCharts’ reprint permission policy.
StockAnalysis.com provides every figure we print: sector and fund prices, price and moving-average data, and company fundamentals. No number in our text, tables or cards is read out of a chart.
These figures are not independently verified against companies’ own filings. Where a source and a company’s filing disagree, our pages follow the source. An error upstream carries into our pages. Screening and assembly are substantially automated, and both that process and the human editing around it can introduce mistakes.
No representation or warranty is made as to the accuracy, completeness, or timeliness of any figure. Anyone intending to rely on a number should check it against the company’s own filings first.
Original text, commentary, and selection methodology are the publisher’s copyright.
Charts are reproduced from StockCharts.com under their reprint permission policy, with attribution and their copyright notice intact. Relative Rotation Graph and RRG are registered trademarks of RRG Research, used with permission. Financial data is used with permission from StockAnalysis.com and cited with a link back.
You may quote short extracts with attribution and a link. You may not republish issues in full, resell them, or use the contents to train machine learning models without written permission.
We participate in the StockAnalysis.com affiliate programme and may earn a commission when a reader subscribes to that service through a link in an issue. This costs you nothing.
These arrangements do not influence which sectors, funds or companies appear. Selection is made from price and relative-strength data alone, first by the publisher’s own reading of it and then by the tests published in each issue, before any fundamental data or commercial consideration enters the process.
The Smart Investor Tracker and Smart Investor Portfolios pages work the same way: every company named on them links to its StockAnalysis.com page carrying our referral code. The same programme, and the same independence rule, applies.
We accept no payment from any company covered, from any promoter, or from any investor relations firm, and never have.
This publication is independent. Apart from the reprint permissions and affiliate arrangements disclosed in each issue, we have no corporate relationship with StockCharts.com, RRG Research, or StockAnalysis.com, and no relationship of any kind with any company discussed. None of them endorses or sponsors this publication.
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We may update these terms. Material changes will be announced in an issue rather than made quietly. The date at the top reflects the current version, and continuing to read after a change means you accept it.
The Grievance Officer under the Consumer Protection (E-Commerce) Rules, 2020 and the Digital Personal Data Protection Act, 2023 is Ayush Agrawal, Publisher, reachable at the same address. Grievances are acknowledged within 48 hours and we aim to resolve them within one month. See our Customer Support page.