On June 4, the market’s eye on the huge decline again after the fast Rakwari Union budget Were. The market hoped that a new series of boost would begin with the announcement of the budget. However, Finance Minister Nirmala Sitharaman had some more plan in his mind. The apprehension of the market proved to be correct on the budget day. The Finance Minister announced to increase the capital gains tax. Experts say that it is expected that the market will be able to keep pace with new tax. They believe that tax has not increased much, which will make the market run with it. After the budget arrives, now the results of the first quarter will decide the direction of the market.
Auto industry (Auto Industry)) Hope that the budget (Union Budget) The government will announce new measures in view of the government’s goal of zero emissions. The industry believes that the central government support is necessary to maintain the speed of growth. However, no announcement in the budget can affect electric vehicles, hybrids and battery manufacturing.
Federal Bank’s stock climbed 1.7 per cent to close at Rs 204.67 on 25 July. Federal Bank Has announced to make KVS Manian a new CEO. The results of the bank’s first quarter have also come. Bulls say that revenue growth is good. There is also stability in asset quality. The appointment of KVS Manian’s CEO is expected. Manian has great experience of banking (retail, commercial and corporate). He also has a good experience of non-banking financial services business. KIE has written in its report that this will help the Federal Bank to achieve good growth in the areas in which it has entered in the last few years. Kie also says that after a spectacular performance in the last few months, the Federal Bank has now come to the IndusInd Bank. However, the return ratio is slightly lower, which may affect the stocks.
Hindustan Zinc’s stock fell 3.34 per cent to close at Rs 611 on 25 July. The government can sell its 3-5 per cent stake in the company. Bulls say that if the government sells stake, it will increase the float of shares, which will make stocks more attractive for big private investors. The sales of the stake will also clear the path of dearrs and restructuring of the company, which is a long time waiting. The company has a cash of about Rs 1,700 crore, while a loan of Rs 400 crore. It is positive for stock. On the other hand, Bears argues that demand in China and European countries is weak, which can affect the Indian economy. This will also affect the outlook of companies like Hindustan Zinc. If Hindustan Zinc If there is a delay in disinvestment, then the rating of its stock can be reduced.
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Adani Green Energy Stocks closed at Rs 1,849 on July 25 with a rise of 7.75 per cent. The company has announced the results of the first quarter. Consolidated net profit rose 95 per cent to Rs 629 crore. Total income increased by 22.5 per cent to Rs 3,122 crore. Bulls say that Adani Green Energy The business model of is strong. The 25 -year fixed term PPA is positive in terms of cash flow. Despite the high valuation, analysts believe that the company’s growth will remain good even further. Valuation will also remain high. Bairs says that the company may have to take more loans due to global slowdowns, delays in completion of projects and increasing costs of projects. This may affect the company’s financial stability.