Budget Affected Stocks

#5
Why Fertilizers? No?

I can see good buying opportunity in Chambal and Nagar. Fert at cmp for LT!
I was the lucky few to get rid of Chambal @ 67 on friday morning 9:50 AM.

Now its @ 60, and on monday you may have opurtunities to short it till aroung 54-56. I do not see buying Chambal at any price over 50-52.

BTW I am not a LT investor ;)
 

Pattel

Well-Known Member
#8
I think banks are also a no. because the 60,000 cr farmer loans canceled are now banks burdon and govt going to give them back to the bank in three years.
 
#9
Media


What the Budget does
Exemption from customs duty on specified parts of set top boxes and specified raw materials for use in the
IT/ electronic hardware industry.
Reduction in customs duty on convergence products from 10% to 5%.
No change in the corporate income tax rates.
No change in the rate of surcharge and dividend distribution tax.
Impact on sector
The exemption of customs duty will bring broadcasting equipment like set top boxes on par with rates
applicable on telecom equipment and provide a fillip to the DTH industry that uses set top boxes.
It will also encourage domestic production of set top boxes.
Major stocks:
NDTV
Adlabs
UTV
BAG Films & Media Ltd
 

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