StocksChartsAnalysis

2021-03-07 06:59:41 Last few days to save tax for FY 2020-21

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email care@w-aves.com Open / Comment

2021-02-17 19:25:19 Thanks for the responses friends. ..Soon will resume posting charts.. Open / Comment

2021-02-13 06:34:34 Should we resume sharing charts and trade ideas again?
anonymous poll

Yes, we are missing good learning – 122
97%

No, I am good to do on my own. – 4
3%

126 people voted so far. Poll closed. Open / Comment

2021-02-10 18:46:31 For swing investing or short term trading, do follow our channel Open / Comment

2021-02-10 18:46:03 GoldenRatio
Learn and Earn- Trading and Investment Education Channel ... View are personal not trading advise.
https://t.me/Gold3nRatio Open / Comment

2021-02-02 06:35:58 Today indigo paints listing Open / Comment

2021-02-01 17:21:19 Highlights of Union Budget 2021-22.

General
1. First digital Budget in the history of India
2. Vehicle Scrapping Policy. Vehicle Fitness Test after 20 years in case of Personal vehicle and 15 years in case of commercial vehicles
3. 64,180 crores allocated for New Health Schemes
4. 35,000 crores allocated for Covid Vaccine
5. 7 Mega Textile Investment parks will be launched in 3 years
6. 5.54 lakh crore provided for Capital Expenditure
7. 1.18 lakh crore for Ministry of Roads
8. 1.10 lakh crore allocated to Railways
9. Proposal to amend Insurance Act. Proposal to increase FDI from 49% to 74 %.
10. Deposit Insurance cover (DICGC Act 1961 to be amended). Easy and time bound access of deposits to help depositors of stress banks.
11. Proposal to revive definition of ‘Small Companies’ under Companies Act 2013. Capital less than 2 Cr. and Turnover Less than 20 Cr.
12. Disinvestment: IPO of LIC, Announced Disinvestment of Companies will be completed in FY 2021-22

Direct and Indirect tax
1. Senior Citizens: Reduced Compliance burden. 75 years and above. Proposal not to file ITR if only pension income and interest income.
2. Reduction in time for IT Proceedings: Reopening of Assessments period reduced from 6 years to 3 years except in cases of serious tax evasion cases
3. Proposal to constitute ‘Dispute Resolution Committee’. (Taxable income 50 lakhs and disputed income 10 lakh).
4. National Faceless Income Tax Appellate Tribunal Centre
5. Relaxations to NRI: Propose to notify rules for removing hardship for double taxation.
6. Tax Audit Limit: Proposal of tax audit increased from 5 Cr. to 10 cr. (Only for 95% digitized payments business)
7. Propose to provide relief on advance tax liability on dividend income.
8. Propose to include tax holidays for Aircraft leasing companies
9. Prefiling of returns (Salary, Tax payments, TDS etc.) Details of Capital gains from listed Securities, dividend income, etc. will be prefilled
10. Small Charitable Trusts. Increased from 1 crore to 5 crores (Compliance limit)
11. Late deposit of employee’s contribution by employer will not be allowed as deduction
12. Incentive to startup: Tax holiday exemption for one more year
13. Duties reduced on various textile, chemicals and other products
14. Gold and Silver (BCD reduced)
15. Agriculture Products: Custom duty increased on cottons, silks, alcohol etc. Open / Comment

2021-01-31 19:14:03 How does #InfoEdge work?


It works Like a PE fund.

1. It has a cash-cow company– Naukri and IIMJobs which forms over 70% of their revenues and generates positive EBITDA of around 55%. Naukri has 70% market share including global players like Linkedin

2. There are 3 more companies 99Acres, JeevanSaathi and Shiksha. However, none of these are profit making, currently.

3. It then uses the profits to invest into various other companies like Zomato, PolicyBazaar, Happily unmarried etc. (investments form 52% of their total assets)

Neither are the revenues reflected in its financials nor do they take an active participation in managing the business.
Zomato– A name that is common for all and not only known to the youth but to the elders as well. They currently hold 22.71% stake (have been reducing its stake)

and its stake is valued at approx. Rs.5000 crs (Investment made by Infoedge was at Rs. 152 crs)

PolicyBazaar–Reports suggest that SoftBank too has invested in this company. They currently hold 15.85% stake (invested at Rs.576 crs) and their stake is valued at approx. Rs.1800 crs

What makes Infoedge unique and attractive is the fact that one single good investment can reap humungous profits over the years. In this case, example being Zomato and PolicyBazaar.

Currently, as per the management, only 10% of their investments usually fails.
Total BV of current investments – Rs.1167 crs; Total write off – Rs.222 crs Open / Comment

2021-01-16 15:10:17 #UBL #WeeklyTF: as expected moved so nicely, near 1300 now.. can we expected levels of 1400-1450 in coming weeks? Open / Comment

2021-01-10 14:17:59 #BajajAuto: CMP 3529 our targets are met, swing players keep trailing to get maximum profits Open / Comment