2023 also set to be Good for
Mahindra & Mahindra Financial Services: February 2023 Business Updates

Total disbursement increased 53% on-year to Rs 4,185 crore.

Collection efficiency faltered to 97%, compared to 98% a year ago.

Adequate liquidity buffer to cover funds requirements for three months.

Adani ports 6.5% 💚

Adani Enterprise 10% 💚

AWL

Also moving 5% UC 💚

418

ADANi Enterprise
13% 💚
2135

Adani Ports
4% 💚
722

AWL

Slow 🐌 and steadily

484

GNFC - sole producer of TDI in India

TDI Prices Hiked Again

TDI prices hiked by ₹30/kg from ₹215/kg in Dec'22 to ₹245/kg in Jan'23

14% Price hike in One month which woukd lead to further widening of TDI Spreads

₹20/kg increase in TDI Spreads can leads an additional 100cr+ EBITDA gains in Coming quarters & can witness Higher realisations & Margin Expansion also

Subsiding Gas prices will aid margins further

GNFC - Cheapest Chemical/Fertilizer Stock

Mkt Cap - 8200cr
Book Value - 546
Debt Free
P/S - 0.79x
P/E - 4.5x
P/B - 0.98x
ROE - 24.5%
ROCE - 33.1%

Company has 1370 cr Cash in hand which is ~16.60% of Mkt cap

Trades at just 2.5x EV/EBITDA

Analyzing the P/E of Nifty50 with two insightful graphs📊:

1. Historical P/E compared
to median P/E

2. Heat Map of P/E

Currently, the market seems to be trading at a fair value with a P/E of 20.56

It's interesting to note that it's also close to its median value.

Let's c

Can Nifty find support around 16650 - 16500 zone??

2024 To 2026 would belong to 2 stocks

Deepak fertliser
Deepak Nitrite

HAL

Once crossed 2950 - 3000 can expect very Big move possible 4545 - 5000+ also

Keep on Radar

It seems

Nifty is making short term Bottom Till it hold 16650 - 16500 zone.

Now around sub 17000 zone ( +/- 100)

GOLDEN WORDS FOR CURRENT SCENERIO

🔅Those who have discipline, patience with the right stocks will be only able to make money of the strong recovery after the dust settles.

This is not the first Time we are seeing such markets have seen such phases many times in past 18 years

🔅We are in Timewise correction from past 16 months and can extend for next 6 to 9 months max. And than as dust settles we can see Good Revovery Also.

🔅weak players would get out of market's in next 3 - 6 - 9 or 12 months....
And
Possible 2024 to 2026 can be much better for markets in terms of Returns and also many stock specific sectors would Fly....

Preparing Bunch of stock for next Leg of Rally

TAX-LOSS HARVESTING

➖Selling a security/stocks that has incurred a loss to help investors reduce or offset taxes on any capital gains income subject to taxation.

➖The sold security can be bought back or replaced by a similar one ( *Intraday square off not valid* )

📝 Please Note

*LTCG*: will be adjusted against long-term loss only

"*STCG**: can be set off against both long-term capital loss and short-term capital loss

Example:

1) If an individual earns ₹1 lakh in Short-Term Capital Gains (STCG) this year, they must pay 15% of this amount as taxes, which amounts to ₹15,000.

2) Additionally, if the individual holds stocks with an unrealized loss of ₹60,000, they can sell these stocks to reduce their net STCG to ₹40,000. This would require paying 15% of ₹40,000, which amounts to ₹6,000 in taxes, resulting in a tax savings of ₹9,000.

3) This process of selling stocks to harvest losses and save on taxes is known as tax-loss harvesting.

This analysis is amazingly accurate.

🔅Made in 1875 by Samuel Benner shows periods of panic Good Time to sell assets and Good times to buy.

🔅 If you look at the top row it actually predicted great depression, WW2, DOT com bubble and the COVID crash which we recently went through. Kind of mind blowing.

🔅Currently we are in a period of hard times and lowering asset prices and indicates a good time to buy assets soon.

Very interesting theory.
💯 years old math and logic

2 Hydrogen Stock on Radar

Good Bussiness

EKC @ 75 - 82

PRECAM @ 85 - 95

Both Good to Add at cmp & on  Dips on 10% to 20% in SIP as markets are volatile

Can be 2x/3×/5× in next 2.5 - 3 - 4 years and possible 10× also in coming years

Disclaimer- All views expressed are personal and only for educational and study purpose only. Consult your financial advisor before investing or taking any position based on above article.

JUST AN OBSERVATION

Nifty
Nifty Midcap
& Nifty Smallcap Index

All 3 Index made ATH on 19th October 2021.

After that Slowdown started in broader Markets and which Reflected in Economy also very soon.

Its almost 17 Months now and Midcaps & Smallaps Not able to sustain nor near ATH AND individual stocks seeing Bloodbath

Smallcap index down by 20% to 22% almost

Nifty Midcap down by 10% & Nifty too down by 10%.

Rate hikes, Inflation, slow down & multiple pressure on companies.

Growth of economy only happens when all 3 index make All Time High. ( Nifty, Nifty Midcap & Nifty SmallCap).

Smallcaps Cracking big time while Nifty isnt capturing it. High chances of it going to 8000 to make a double bottom.Lets c

Even Midcap Index can make bottom around 25000 - 26000 zone let's C

In coming Days there can be panic dips to shake of Weak hands and retails from markets.From history one can easily see The stock where Retail participant is highest would Crack the Most

Accmulation should start in good stocks where numbers can be great in 2024 - 2025

The Best Time to buy & Accmulate when Everyone wants to exit markets

Time wise correction should continue in 2023 for few months

We feel By 2023 end we should mark a base and slowly from 2024 onwards we can see growth and 2024 mid to 2026 can be good years for many companies.

If RBI is going to change stance for Rate Hike, which we expected they should do in coming days...Than that can be the last dip in the Midcaps & smallcaps before Going thru Timewise correction phase.

New Income Tax Rules
w.e.f 1st April 2023

The Government has made some new rules which are applicable from 1st April 2023 i.e from the new financial year which are described below:

1. New Tax Regime: The New Tax Regime shall be treated as Default Regime. The taxpayers shall still have the option to choose from the prior regime (OLD TAX REGIME).

2. Change in Income Tax Exemption Limit: The Tax limit has been enhanced from Rs 5Lakhs to Rs 7 Lakhs which means individuals up to Rs 7 Lakh income shall be exempted and need not to make any investment to claim tax slab exemption.

3. Standard Deduction: No change in Standard Deduction of Rs 50,000 to employees in the previous Tax regime. For pensioner, such standard deduction has been extended in new tax regime.

4. Income Tax Slab: The income tax slab has been changed as under:
- 0-3 Lakhs: Nil
- 3-6 Lakhs:5%
- 6-9 Lakhs:10%
- 9-12 Lakhs:15%
- 12-15 Lakhs :20%
- Above 15 Lakhs: 30%

5. Leave Travel Allowance: The Leave encashment limit for non-government employees has been increased from Rs 3 Lakhs to Rs 25 Lakhs.

6. Taxation on Debt Mutual Funds: The Debt Mutual Gain shall be treated as Short Term Gain and will be taxed accordingly.

7. Life Insurance Policy: Where the Life Insurance Premium paid above Rs 5lakhs then such proceeds from the policy shall be taxable. But new income tax rule shall not be applicable on ULIPS.

8. Senior Citizens: Maximum Deposit Limit has been increased from Rs 15 Lakhs to Rs 30 Lakhs.

9. E-GOLD Receipt: No Tax on conversion of physical gold to e-gold receipt.

10. Tax on Lottery, Online Gaming: The Tds Limit has been removed and all receipts from Online gaming,lottery,etc shall be taxable at 30% and Tds will be deducted at the time of receiving the winning amount.

11. Gifts Received by Resident but not Ordinary Resident: Any gifts received by Resident but not ordinary resident above Rs 50,000 shall be taxable.

12. Restriction on Claim U/s 54 and 54F: Sale amount investment under section 54 and 54F has been restricted to 10 crores and any gain above this shall be taxed at 20% (with indexation benefits).

13. UPI Transaction Fee: 1.10% shall be charged on UPI Transactions above Rs 2000 for using PPI (Prepaid Payment Instruments) not for other customers.

14. Sale of Gold Jewellery: The Jewellery with 6 digit hallmark unique identification (HUID) will be sold.

15. Pan and Aadhaar Link: Pan and Aadhar linkage date has been extended to 30th June 2023.

The above said article is on the basis information gathered through various online sources, please refer the respective section, rules framed under respective revenue acts.

MACRO DATA COMPARISION
OF 5 YEARS APRIL 2018 VS APRIL 2023

2018 - APRIL

Bond Yield - 7.60%
Repo Rate - 6.50%
Smallcap Index - 7950 - 8000
GDP - 7%
Max number of stocks start making new 52wk Lows

2023 - APRIL

Bond Yields - 7.30%
Repo Rate - 6.50%
Smallcap Index - 8900 - 9000
GDP - 5.50%
Most of the stocks are Trading very close to 52wk Low.

Rest people are start enough to know what can happen NEXT