Enrich Investments

The union Budget for FY 2023-24 is by far the best effort from the Modi government. It is a balanced effort to rationalize tax regime, curtail populism and foster growth while maintaining the fiscal discipline.

The markets reacted negatively due to extraneous reasons, but this effort from the FM deserves an applause, at last. At a time, we are under continuous onslaught for not being subservient to the US hegemony while our peers got succumbed to the stratagem, this effort is a step in right direction of becoming truly ATMANIRBHAR. Looks like the bear assault will continue for some more time but it is not unusual considering the one way rise many stocks have witnessed post Covid.

Investors should not go overboard expecting immediate recovery but wait for opportunities to enter right growth stories.

Diwali Recommendations

We need NCFM certified dealers with min 5 years of relevant experience. Remuneration will be above industry standards. If you know anybody with right attitude pls refer to me on personal window.

Tributes to the one and only Rakesh Jhunjhunwala, The Bull who inspired an entire generation to buy and hold stocks. May his soul rest in eternal peace 🙏

The financial year is coming to end. Many investors often commit the mistake of booking profits and running on the losses. There is not better time to have a rounded view of the portfolio, reflect on mistakes, take corrective measures, revamp the portfolios and do some smart tax planning.

Here is the quick guide on the tax treatment of stock market gains. Do reach us if you have any queries.

lists at 80% premium on NSE, commanding a market cap of 95000 Cr. It is now 56th largest company in terms of valuations and bigger than the likes of BPCL, GAIL, Britannia Inds, Hero Motocorp, Dr Reddys, Cipla, United Spirits, Apollo Hospitals, Ambuja Cements, Havells, Indigo Etc

BPCL - 93,690 Cr
ICICI Prudentia - 93,408 Cr
Britannia - 88,642 Cr
Ambuja Cements - 85,293 Cr
Siemens - 84,904 Cr
Havells India - 83,862 Cr
Indigo - 83,209 Cr
IndusInd Bank - 80,966 Cr
Dr Reddys Labs - 80,238 Cr
TATA Cons. Prod - 77,208 Cr
Tata Power - 76,129 Cr
ICICI Lombard - 75,517 Cr
Eicher Motors - 74,764 Cr
Cipla - 74,404 Cr
United Spirits - 72,279 Cr
Marico - 72,090 Cr
IRCTC - 68,504 Cr
GAIL - 67,050 Cr
Apollo Hospital - 64,713 Cr
UPL - 58,243 Cr
Bosch - 55,143 Cr
Hero Motocorp - 54,455 Cr
Bank of Baroda - 54,429 Cr
Bharat Electronics - 53,568 Cr
Jubilant Food - 51,618 Cr
Cadila Health - 51,484 Cr

We are surely in one of the largest Bull Markets. Exciting Times ahead.

Diwali Recommendations by Enrich Investments

Holding companies are trading at steep discount. With markets breaching all-time highs, these stocks may catch mkt frenzy any time. Keep a watch.