Profile picture
, 5 tweets, 1 min read Read on Twitter
Companies that r in higher tax bracket & would benefit from slashing of tax rates
Most of the Bank stocks are in higher tax % & will see improvement in EPS
Below: -
HDFC Bank 35%
ICICI Bank 32%
Kotak Bank 35%
Axis Bank 34%
IndusInd Bank 34%
Federal Bank 35%
YES Bank 35%.
In Infra names are NCC(34%), HG Infra (34%), Sadbhav Eng (34%), JKIL (34%), ITCE (34%), Capacite (34%),etc.

In Auto names are Eicher Motors (35%), Hero Motor (32%)

In Oil and Gas, HPCL (34.6%) it also in news due to disinvestment and a gud buy ONGC 34.8% and GAIL 35%.

In cap goods, ABB: 35 % and in cement, Ultratech 35 %, ACC 33%

Merely tax reduction above companies may see jump in EPS and are good buy candidates.
Choose wisely among above list and buy

Biggest beneficiaries are GSK, UBBL, Britannia, ITC, PGHH, JUBI, PAG, UNSP, NEST and CLGT (all between 33-35% tax

· Others that will benefit are HUVR/PIDI/ TTAN (between 29% to 32% tax rate)
There will be no change for Marico (25%), Parag (25%) GCPL (22%), Jyothy, HMN and Dabur (all ~20% tax rate)
Missing some Tweet in this thread?
You can try to force a refresh.

Like this thread? Get email updates or save it to PDF!

Subscribe to Zafar
Profile picture

Get real-time email alerts when new unrolls are available from this author!

This content may be removed anytime!

Twitter may remove this content at anytime, convert it as a PDF, save and print for later use!

Try unrolling a thread yourself!

how to unroll video

1) Follow Thread Reader App on Twitter so you can easily mention us!

2) Go to a Twitter thread (series of Tweets by the same owner) and mention us with a keyword "unroll" @threadreaderapp unroll

You can practice here first or read more on our help page!

Follow Us on Twitter!

Did Thread Reader help you today?

Support us! We are indie developers!

This site is made by just three indie developers on a laptop doing marketing, support and development! Read more about the story.

Become a Premium Member ($3.00/month or $30.00/year) and get exclusive features!

Become Premium

Too expensive? Make a small donation by buying us coffee ($5) or help with server cost ($10)

Donate via Paypal Become our Patreon

Thank you for your support!