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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%.
1/n
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%.
1/n
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%.
2/n
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%.
2/n
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
Merely tax reduction above companies may see jump in EPS and are good buy candidates.
Choose wisely among above list and buy
Consumer/QSR/Jewelry
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)
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)
