Page 5 - Saffron_Leaf_Brochure_Final copy
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Consumer Goods
Announcements Stocks/Industry to be in focus
Hike in MSP plus jump in welfare spends to drive
rural demand. Positive for rural-oriented companies such as:
HUL
Import duty increased from 30% to 50% on Fruit Godrej CP
juices (Orange Fruit Juice from 30% to 35%) Dabur India
Higher custom duty of 20% (from earlier 10%) on Positive for perfume manufacturer like:
perfumes and toiletries preparation would lead to SH Kelkar
rise in input cost.
Defence Stocks/Industry to be in focus
Announcements Positive for defence equipment manufacturing firms like:
Measures to develop two defence industrial Bharat Electronics Ltd (BEL)
production corridors.
Rs 2,95,511 crore to be spent on Defence during
2018-19.
Infrastructure Stocks/Industry to be in focus
Positive for cement industry and road construction companies:
Announcements UltraTech Cement
Dilip Buildcon
NHAI to spend to Rs 91,564 Cr on roads and
highway. Positive for real estate and construction companies:
Rs 29,762 Cr to be spent on bridges and road. Brigade Enterprises
35,000 kms to be built during the Bharatmala Godrej Properties
project under Phase-1.
Increase of budgetary allocation on infrastructure
for 2018 -19 to Rs 5.97 lakh crore.
Dedicated Affordable Housing Fund (AHF) in
National Housing Bank.
Allocation of Rs 27,505 Cr under PMAY (gramin
and urban) for construction of total of 100 lakh
houses in rural and 37 lakh houses in urban area.
Insurance Stocks/Industry to be in focus
Announcements Positive for insurance companies
HDFC Life
Raising the limit of deduction for health insurance ICICI Lombard
premium and/ or medical expenditure from Rs
30,000/- to Rs 50,000/- under section 80D.
Rs 50,000 for senior citizens. Health and family
welfare expenditure will be Rs 52,800 Cr in
FY18-19.
National Health Protection Scheme to cover over
10 crore poor families (50 crore beneficiaries)
providing coverage up to Rs 5 lakh per family
per year for secondary and tertiary care
hospitalization.
5 ARIHANT CAPITAL ยก february 2018