Rajeev Desai

According to me, Budget is Good.

Lots of plans and lots of funds allocation to Railways, Semiconductor, Bio Pharma, Data Centers,Medical Tourism etc etc....

I was never thinking of LTCG or STT reduction at any point of time.

Why Nirmala Sitaraman will do it? Just to make FII come back? Means succumb under FII pressure? Show weakness?

FII selling is not only because of LTCG. There are many reasons. Google, asking "why FII are selling in India" , and you will get various reasons....

I like the Budget. She gave exemption uptill 12 Lacs in last Budget in personal IT. She can't keep giving concession in every budget.

After cutting down GST in so many items, including cars, in last Sep, how FM can give more concession again so soon....GST rate reduction was a big spike for economical growth!!

Pondy Oxide Ltd has come out with excellent results.

Sales up from 502 Cr to 776 Cr.

Np up from 15 Cr to 37.60 Cr.

Eps up from 5.39 to 12.31

I gave a call of Pondy Oxide Ltd at X at only 250.

That was before Bonus of 1:1 and Split from FV 10 to FV5.

So adjusted price after 1:1 Bonus and FV5 split is, 250/2 = 125 for Bonus

and 125/2 = 62.50 on FV5 split. Because when I discussed, the FV was 10 and now FV is 5, so 100 shares become 200 and Bonus 1:1 , so 200 shares became 400....

So 250/4 = 62.50

Price is at Rs 1267, after ATH of 1578....means 25x in 4-5 yrs.....

I bought at 250, sold at 265 seeing the margins are not going up, sales is also not up much...

And it is 25X...

My point here is, after all reasoning, we think, ye nahi chalega, and it became a multibagger!! And that too 25X...

I have many 25X like that, but ask someone, who made 25X in his life?

Double nahi hota with many...

That is why, I don't discuss what you should SELL/BUY/HOLD. Which stock will move and how much, we never know....

That