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Showing posts from July, 2024

Indian Finance Minister Is Not AbleTo Create Budget As She Is Poor

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Indian Finance Minister Is Not Able To Create Budget As She Is Poor.   Today's 2024 Budget highlights the disproportionate us if Middle Class or sucking the Middle Class for maximum gain.   Finance Minister don't know about going above Rs.  5 Lakh income tax benefit. India has grown to 5 th position in GDP growth. Whereas Finance Minister is standing on below the poverty mode.  At least. Middle class income tax benefit must Start from Rs.  10 Lakh onwards.  10,00,000 - 0% tax,  1500000 - 5% tax,  2000000 - 10% tax,  3000000 - 15% tax. Above 4000000 - 20% tax.   Simple tax regime.   Money earned from investments in short term below 3 years - 15% tax Money earned from investments above 5 Years - 0% tax.   Our Finance Minister must be thrown out as she created double taxation on Middle class.  We protest on that.   Govt can't favour 2 states. And other states like MadhyaPradesh are opted out.   Very sad.   See the video:- https://youtu.be/wUIa3wONl9s?si=oK1o7iHOnNE

If You Buy Hind Petrol You Can Double Your Money

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If You Buy Hind Petrol,  You Will Double Your Money Hind Petro -  Current Market Price - Rs.  342.15 Market Cap - 72000 crore Face Value - Rs. 10 Sales - 114,000 crore Net Profit - Rs.  2561 crore Reserve & Surplus - 45000 crore Net Cash Flow - (-) 5300 crore Reason is that, the company has invested more than 13000 crore in buzz.   ROE - 34% ROCE - 22% Debt to Equity - 1.34 Interest Coverage - 10% PE - 2.81 P/BV - 1.44 P/sales - 0.16 PEG - Below 1 FII - 13.80% DII - 22.20% Buy this share and this share will double within 5 years.  This is not for trading purpose or any swing trading purpose.  It's pure investment.