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MARKET CORRECTED SHARPLY AFTER BUDGET !

NIFTY IN RED !
koolsfincon
Maruti Suzuki : Monthly Auto sales
MARUTI SUZUKI:
JANUARY TOTAL SALES
1,54,300 UNITS VS 1,60,752 UNITS (YOY)

ESTIMATE was 1,63,300

MISSES ESTIMATES !
5_6323210991026832502.pdf
2.5 MB
5_6323210991026832502.pdf
koolsfincon
5_6323210991026832502.pdf
Key features from Union Budget 2022
Shortest budget speech since last 4 years !
Good Morning !
HERO MOTOCORP

JANUARY TOTAL SALES
3,80,476 UNITS VS 4,85,889 UNITS (YOY);
3,94,773 UNITS (MOM)

ESTIMATE was 3,90,900

Misses estimates
Brokerages Bets on ITC post Budget

Investec – Buy, Target Price Rs 258

Status quo provides stronger FY23E visibility

Expect incremental price hike in FY23E to have a greater pass through to EBIT

Further, stable taxes also aid legal cig industry

Morgan Stanley on ITC

OW, Target Price Rs 251

For 2nd yr in a row, Budget kept tobacco tax rates unchanged

This allays one of overhangs on stock & should increase investor confidence on a moderate cigarette tax environment in next few yrs

Jefferies on ITC

Buy, Target Price Rs 300

Budget keeps taxes unchanged on cigarettes, a relief Buoyancy in GST trends, with highest ever collection in Jan-22, is also a +ve as there should not be any urgency to tinker with GST rate (cess) on tobacco

_____________________________________
Overall many brokerages are +ve on ITC !
Corporate Action : JUBILANT FOOD SHARE SPLIT ANNOUNCEMENT TODAY WITH EARNINGS
CDSL - Central Depository Services Limited is Central Depository Services & is the first listed Indian central securities depository and a division of the Securities and Exchange Board of India [SEBI], Ministry of Finance, Government of India based in Mumbai.

Functioning of CDSL :- The main function of CDSL is to facilitate holding of dematerialized securities enables securities transactions to be processed by book entry. CDSL facilitates holding and transacting in securities in the electronic form and facilitates settlement of trades on stock exchanges.

In short All the shares you buy are kept safely at CDSL, even after your broker defaults then also your investment in shares is safe !

CHECK OUT INSTAGRAM POST TO KNOW MORE !

Instagram Link : https://www.instagram.com/invites/contact/?i=14fqt7p0g0g9h&utm_content=mgffxef

_______________________
Mr. Rahul Bajaj Sir — BAJAJ Group Supremo, Legendry Veteran of Automobile Sector & The chairman emeritus of the conglomerate Bajaj Group passed away today !

RIP Sir ! 🙏💐💐💐

#rahulbajaj #rip #bajajgroup
BIG BANG & GAME CHANGER OF INDIAN STOCK MARKETS IS ON ITS WAY !

💥💥💥💥💥💥💥💥💥💥

THE LARGEST & BIGGEST INSURANCE COMPANY OF INDIA - LIC FILLED ITS DRHP WITH SEBI !!!

🥳🥳🥳🥳🥳🥳🥳💥💥💥💥💥💥💥🥳🥳🥳🥳🥳🥳🥳

INDIAN MARKETS ARE ON VERGE OF ITS REVOLUTION LIKE NEVER BEFORE !!!



Stay Tune ! Stay Active in Market ! 📊📊📊📊
DRHP (Daft Red Hearing Propectus) of LIC IPO HAVE BEEN FILED TODAY TO SEBI !

💥💥💥💥💥💥💥💥💥💥💥💥💥💥

ISSUE LIKELY TO BE OPEN FOR SUBSCRIPTION IN LAST WEEK OF MARCH 2022 !
BREAKING NEWS : LIC have reserved its 10% quota for Policyholders !

There are total 32 crore policyholders in India !
BIG BREAKING : PUTIN DECLARED OFFICIALLY A MILITARY ACTION ON UKRAINE !

THIS IS A CLEAR & OFFICIAL WAR ORDERS FROM PUTIN !
BIG BREAKING : RUSSIAN ARMY MOVING AGGRESSIVELY IN EAST UKRAINE
BIG BREAKING : CRUDE OIL HITS 100 DOLLARS PER bbl

Crude at its Life time High

SGX NIFTY TANKED BY ALMOST 400 PONITS
RUSSIA IS BIGGEST NUCLEAR NATION IN THE WORLD — PUTIN

PUTIN HINTS A NUCLEAR WAR ?