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Jul 6, 2019 β’ 16 tweets β’ 3 min read
Budget Takeaways for Various Sectors(Equity Impact Sector wise): ( Long Thread) #Budget2019#investearnrepeat
AIRLINE : POSITIVE
β’ aircraft financing and leasing activities from Indian shores
β’ Postive for Interglobe Aviation and Spicejet
AUTOMOBILE : NEGATIVE
Customs duty has been increased from 7.5%/10% to 10%/15% on automobile parts
β’ Negative for Auto OEM companies like Maruti, Hero , Bajaj Auto, TVS Motors, Eicher , TaMo, Ashok Leyland.