Showing posts with label stocks. Show all posts
Showing posts with label stocks. Show all posts

Sunday, February 21, 2010

Union Budget 2010

Auto

* Increase in excise duty by 2%-4%.

* Increased allocation under National Urban Renewal Mission for buses

* No increase in excise duties for large cars

Banking and financial services

* Interest subventions for pre-shipment credit and short-term crop loans expected to be withdrawn.

* To qualify for tax benefits under Sec.80C on Fixed deposits lock in period to be reduced from five to three years.

* Raising the ceiling of TDS on interest income from fixed deposits.

* Allowing banks to raise tax-free infrastructure funds.

* Tax breaks to housing finance and infrastructure-lending companies.

* Housing loans below 30 Lakh rupees to be considered as "priority sector" lending.

* Refinancing from India Infrastructure Finance Co Ltd (IIFCL) for up to 60% of commercial bank loans for PPP (public private partnership) projects in critical sectors is expected to continue.

* Increase FDI in insurance sector from 26% to 49%.

* Recapitalisation of PSU banks with lower tier-1 capital.

Cement

* Roll back of excise duty cuts of around 2%-4%.

• Reduction in import duty on coal

Construction

* An increased outlay in government spending in infrastructure, especially for roads and urban projects

* Details of refinancing for India Infrastructure Finance Company Ltd (IIFCL) funding

* Clarity on minimum alternate tax provisions under a new Direct Tax code, to be implemented in FY12

* More financial availability for infrastructure projects

* National project status for state government projects

Engineering and capital goods

* Increase in import duty on foreign power equipments like turbines, boilers and generators.

* Rollback of excise duty concession given in the stimulus package to manufacturers by minimum 2%.

FMCG

* Raise excise duty on cigarettes by 5%-8%

* Excise duty cuts on products except food items may be reversed by 2-3%

* Rural initiatives for income generation are expected to continue

* MAT (Minimum Alternative Tax) rates can be increased, as a step forward towards the Direct tax Code.


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Real estate
* Hotels to be included under Sec 80 IA (Infrastructure status) for all hotels across India and across all categories

* Greater thrust on PPP projects in housing.

* Increase in allotment to the Rajiv Gandhi Awas Yojana (slum rehabilitation programme)

* Increasing tax breaks provided to housing finance and infrastructure lending companies.

* Re-introduction of tax holiday for housing projects under Sec 80 IB (10)

* Increase in income tax deduction under Sec 80 C on home loan principal re-payment from Rs 0.1 million to Rs 0.2-0.3 million.

Information technology

* Extension of tax benefits for units in Software Technology Parks of India beyond March 2011.

* Spending on education through Sarv Shiksha Abhiyan to be increased.

* Abolishing MAT in STPI units

* Reduction in excise duty on electronic and IT goods from 10% to 8%.

Media

* Increase in foreign investment limits in direct-to-home (DTH), cable, FM radio and news broadcasting services.

* Raise the rate of service tax to 10%.

* Customs duty to be levied on newsprint.

* Tax holiday for the capital intensive business such as Gaming, Animation, VFX.

* Removal of custom duty on set-up boxes.

Pharmaceuticals

* The 150% weighted deduction enjoyed by in-house R&D expenses should be extended to expenses on outsourced studies such as clinical trials and specific laboratory studies. The weighted deduction should also be raised to 200%.

* State excise duty on certain formulations should be cut to 8% from 16%.

* Central excise duty on drugs to be restored to 8% from 4%.

* Allocation for the National Rural Health Mission should be increased significantly.

* Eliminating excise duties on all essential drugs.

* Extension of tax exemption for export oriented units and clarity on the new direct tax code on special economic zones.

Power

* Continuation of income tax exemption for mega power generation projects.

* Increasing the allocation towards the government-led electrical infrastructure augmentation schemes namely Rajeev Gandhi Grameen Viyuktikaran Yojana and Restructured Acclerated Power Development and Reforms Programme.

* Reduction of import duty on thermal coal.

Retail

* Allowing foreign investment in multi-brand retail.

* Industry status to retail.

Metals and mining

* Increase in excise duty cut to 10% from 8%

* No change in customs duty structure

* Increase in iron ore exports duty by 5%

* Removing the 5% import duty on stainless steel and alloy steel scraps

Chemicals & fertilisers

* Increase the price DAP between 8%-10%

* Tax holiday for a period of 10 years should be extended to all new fertiliser projects

* Excise duty on fuel oil used for fertiliser manufacturing should be abolished.

Oil & gas

* Infrastructure status for Oil and Gas to promote investments with tax sops.

* Tax benefits for city gas distribution and extension in tax holiday for new refineries

* Declared goods status to be given to natural gas.

* Abolishing service tax on exploration and production activities.

Telecom

* Unification of tax regime from current differential taxation methods

* Reduction in license fee to 6%

* Tax holiday for mergers and acquisition activities of telecom companies to be extended till April 2010

* Clarity on 3G Auction timeline

* Increase in service tax by 200 basis points

* Government to use Universal Service Obligation funds for rural and broadband penetration

* Increase in Minimum Alternate Tax from the present 16.5%.

Read the complete analysis of the Union Budget 2010-2011 at www.stockinvest.in

Monday, March 30, 2009

Value stock picks

When the times are tough the good gets the same treatment as the bad and worse. Sensible people fail to distinguish between great opportunities and bad investments.
The sentiment in the stock market is a curious thing. It colors all the stocks with the same hue when the sentiment is negative and on a positive run even penny stocks look like value buys.

The global meltdown, both on the domestic front and globally, has led to a sharp decline in stock prices across the board in the last one year. Many stocks are quoting below their book values. Book value of a stock reflects the intrinsic value of the company and the stock. Many such stocks offer a great investment opportunity. Good companies are capable of delivering consistent performance even under tough conditions. Such value stocks will be the first to bounce back when the stock market sentiment improves.

Here are some of the value picks in the Indian Stock Market in the current scenario:

Bartronics BEML, Gateway Distriparks, IVRCLSimplex Infra, Tanlas Solutions, Tata Chemicals

Some other stocks which make a good buy at their current prices include Amtek India, Bharati Shipyard, EMCO, ICSA (India), Mah Lifespace, Mcleod Russel, MIC Electronics, Nagarjuna Cons. , Patel Engg., PTC India, Rolta India, Sanghvi Movers, Sasken Comm.

To read the complete list of value stock picks and more investing ideas click on the link below:

Value stock picks>>>>>>>>

To read about more stock market investing ideas and stock picks click in the link below:

>>>>>>>>>>>www.stockinvest.in

Tuesday, February 17, 2009

Sector and Stock Picks- Agriculture

In India more than 65 per cent or 13.5 crore households live in rural areas. A large population also means a lot of opportunities for companies serving the needs of these individuals. India has a lot of untapped business opportunities in the vast rural domain. For instance, the Indian wireless business has grown the fastest in the world, thanks partly to low penetration levels in the country. Even after many years of high growth, the mobile penetration is still low at less than10 per cent in rural India, thus reflecting the untapped potential.

Over the last one decade (FY 1998-2008), India’s per capita income has more than doubled from $418 to over $1,000. On an average, the per capita income in rural India has grown by 4 per cent annually—or by 50 per cent in ten years. Among key reasons for the latter are the rising commodity prices (Minimum Support Price; MSP for crops), better resource utilization, improving productivity and higher production.

Which are the companies which will directly benefit from the prosperity in the rural sector? Read more to learn about stocks and companies which will grow with rural economic growth.Stocks discussed-Bharti Airtel, State Bank of India, Rallis, Jain Irrigation, Chambal Ferilizer, Hero Honda, Hindustan Unilever.

Read the complete article>>>>> click here


Monday, November 17, 2008

Value stock picks of the week

The Indian stock market is following the global trend and is down in the dumps. Stock market investors are too afraid to invest their hard earned money at the current levels amidst the global financial turmoil.

According to the tried and tested wisdom of stock market history such times offer great opportunities to long term investors. Many stocks of fundamentally sound companies are trading at attractive values. These stock picks make a great value buy at current levels.

The stock market is throwing up many value buying opportunities for long term stock investors. We regularly update you on stock picks where you can begin investing your money in small amounts. There is no guarantee that the stock market will not test its bottom again and you might find even cheaper valuations for these stocks. No one can predict and time the stock market bottom and these are a once in life time stock investing opportunities

Some of the stocks discussed are Hind Lever, Tata Power, Bharat Electronics, Allcargo Global, amongst other stocks.

To read the detailed analysis>>>>> click here

To read about more hot stock picks >>>>> click here


Sunday, June 29, 2008

A group stocks at their 52 week low

Sensex, Nifty followed global cues and were down over 4% each. Several 'A' group stocks like BEML, BPCL, Canara Bank, GMR Infra, ICICI Bank, IOB IOC, M&M, Reliance Power and Maruti Suzuki have touched their 52-week low in this bear rally.

Markets opened red. During the day it has not shown any signs of recovery as back-to-back bad news of inflation and crude spook float in the market. Inflation for the week ended June 14 has rose further to 11.42% from 11.05%. Crude Futures has hit new all-time high of $141.71 per barrel on the NYMEX today.

It was a dreadful opening session for July series as well. Rate sensitive sectors like auto, banking and realty stocks continue to take beating. Infrastructure sectors like capital goods, telecom and power also got hammered a lot. All indices witnessed huge selling pressure. The Sensex was down 619.60 points or 4.30% at 13802.22, and the Nifty down 179.20 points or 4.15% at 4136.65.



List of 'A' Group stocks that have touched their 52-week low during the day


Read as Company name, Today’s High, Today’s Low, Last Price


Alstom Projects
385.00 355.00 362.30

Ansal Propertie
77.55 73.00 73.40

Bajaj Holdings
440.00 386.10 420.00

BEML
805.05 781.15 784.75

BPCL
263.00 243.00 244.00

Brigade Enterp
125.70 119.50 120.85

Canara Bank
183.20 173.50 178.05

Central Bank

65.00 63.00 63.50

Cummins
234.00 226.00 231.00

Deccan Aviation
74.50 68.35 69.75

Gammon India
253.00 242.00 244.85

GMR Infra
93.10 88.25 88.40

Godrej Ind
148.00 141.05 142.10
HDIL
441.65 420.90 430.00
ICICI Bank
680.00 643.00 650.20

IDBI Bank
69.45 66.70 67.50

Indian Hotels
82.65 79.70 79.75

IOB
87.50 83.90 84.60

IOC
344.95 331.60 342.00

Lakshmi Machine
1,191.00 1,159.75 1,180.00

Mah and Mah
540.00 503.00 503.00

Maruti Suzuki
665.00 637.00 648.00

Nagarjuna Const
141.00 134.00 140.20

Omaxe
142.50 135.00 139.00

Oriental Bank
135.45 129.00 132.75

Pantaloon Ret
373.00 360.00 373.00

Parsvnath
138.00 130.00 131.50

Phoenix Mills
184.00 160.00 160.05

Reliance Power
150.00 143.00 143.50

Shree Precoated
124.30 114.70 115.20

Sobha Developer
307.50 293.15 296.15

Tata Motors
475.00 445.05 450.00

TV 18
237.20 218.20 220.00

Vijaya Bank
36.20 33.80 35.2

Monday, April 23, 2007

indian stock picks

This is the place for those people who like to invest in Indian stocks for short (1-2 months) medium ( one year)and long term. Stock ideas are given here after certain amount of research and followed up by me. Stock queries and their follow up from you is welcome and desirable.
Indian stock market is the place to be in these days and times for those who want to make money as the economy of the country is on the roll. This is the place to get together to identify and select sectors and companies which have bright future. More than that this is the place to be to stock pick before the rest of the market grasps the idea and takes the price of the stock through the roof. Most ideas in news and periodicals are thrown up after the idea has unfolded and the price already risen for retail/small investors to get in. The focus here is to identify ( with sound logic and information) stocks to make some profit.
If you really want a safe heaven for your investments then Fixed deposits in the banks are the place for you. Stock market investments are risky but at the same time there in no place where one can make as much profit. For anyone who has some sense of adventure and seeks a little gaming thrill with a fantastic opportunity to make money this is the place to be.
Small guys ( read retail investors) usually end up burning their hard earned money in the stock market. Two primary reasons for that are 1. They enter/buy the stock too late when its price has already shot up. 2. They never sell when the price has risen a bit and also keep clinging to the stock when it slides down. In other words they are governed by greed and fear like most of mortal beings in the stock market.
So keep track and you will find some bright ideas in this blog in times to come. Also check out the link at Stockinvest.in and indian-stock-picks-subscribe@yahoogroups.co.in