← back

#318 Daily Money Show | Money Purse Stock Market News

Original: # 318 Daily Money Show | Money Purse Stock Market News

57.9K views · May 23, 2022 · 13:23 min · Watch on YouTube ↗
Takeaway

Excise duty cuts on fuel benefit logistics and auto sectors while plastics manufacturers gain from raw material relief.

Summary

  • FM Nirmala Sitharaman cut central excise duty: petrol by ₹8 and diesel by ₹6 per litre — positive for logistics sector (Allcargo, Blue Dart, VRL Logistics) and auto sector
  • Customs duty cuts on plastic raw materials and intermediates benefit plastic/furniture manufacturers
  • Profitability of commodity-linked companies depends on macroeconomic and global conditions
  • Discussed a company with 32% revenue growth, 80% EBITDA growth, 139% profit growth; QoQ comparison covered
  • Brief market wrap with weekend tax/duty changes as the key theme
fuel tax cutlogisticsauto
Original description
You can compare Term Insurance here  👉 https://tinyurl.com/44tp7uor                     

You can compare Health Insurance here  👉 https://tinyurl.com/pgc9dcxc 

Good Books On Investing & Stock Markets:

Learn to Earn: A Beginner's Guide to the Basics of Investing: https://amzn.to/2nm86sn
Beating the Street(Peter Lynch): https://amzn.to/2njBUWJ 
Value Investing & Behavioural Finance(Parag Parikh): https://amzn.to/2njMa19
Common Stocks & Uncommon Profits(Philp Fisher) : https://amzn.to/2XLtg2r
The Little Book That Still Beats the Market (Joel Greenblatt): https://amzn.to/3i90z75
One Up On Wall Street (Peter Lynch) : https://amzn.to/31pNFL8
Competition Demystified: A Radically Simplified Approach to Business Strategy: https://amzn.to/3fuupkI
The Unusual Billionaires (Saurabh Mukherjea): https://amzn.to/2XLuXNl
Coffee Can Investing (Saurabh Mukherjea): https://amzn.to/2Dd5PIg
How to Avoid Loss & Earn consistently in Stock Market: https://amzn.to/2o4Xs9H
The Intelligent Investor: https://amzn.to/2oMKJZn
Bogle on Mutual Funds: https://amzn.to/2o9G5nT


Gear we use for Video:

Camera : https://amzn.to/2nbkdJ0
Lens: https://amzn.to/2oRANOr
Tripod: https://amzn.to/2nlbVya
Zoom H1N: https://amzn.to/2nmmqB9
Mic: https://amzn.to/2o8kywc
HardDisk: https://amzn.to/2nk9BaE
Memory Card: https://amzn.to/2oRBK9t

STAY IN TOUCH WITH US

FACE BOOK: https://www.facebook.com/moneypurseadv/?ref=bookmarks
TWITTER: https://twitter.com/Moneypurseadv
INSTAGRAM: https://www.instagram.com/moneypurseadv/

Thanks for watching..
Team Money Purse

00:00 Market Update
00:49 Finance Minister Announcements & Metal Stocks
04:40 Tata Power Update
05:02 VST Tillers Update
05:23 Torrent pharma Update
05:33 UPL Update
05:58 IHCL Update
06:25 Hindustan Foods Update
06:59 MEP Update
07:20 Metro Brands Update
07:43 Glenmark Pharma Update
08:38 MapMyIndia Results
09:41 Paras Defence Results
11:04 SP Apparels Results
11:47 Divis Results