Exit United Breweries: Sukhani

Mar 04, 2013, 12.28 PM IST

Sudarshan Sukhani, s2analytics.com is of the view that exit United Breweries.

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Sudarshan Sukhani, s2analytics.com is of the view that exit United Breweries.

Like this story, share it with millions of investors on M3

Exit United Breweries: Sukhani

Sudarshan Sukhani, s2analytics.com is of the view that exit United Breweries.

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Sudarshan Sukhani

Technical Analyst

Sudarshan Sukhani, s2analytics.com is of the view that exit United Breweries .

Sukhani told CNBC-TV18, "Investor should book losses and move out of United Breweries. The stock charts are not very conducive to a big run-up. So it is better to step out of it."

At 12:27 hrs United Breweries was quoting at Rs 601.80, down Rs 22.80, or 3.65%.It has touched an intraday high of Rs 624.25 and an intraday low of Rs 598.70.It was trading with volumes of 61,243 shares.

To download current article in Word format, click here.

highlights

No case to revise direct tax rates, slabs
Super rich tax: 10% surcharge on income above Rs 1 cr
Modified provisions under GAAR effective April 1, 2016
No change in standard rate of excise duty, service tax

FM speaks to CNBC TV18
Budget Reaction: Fitch Says Policy Implementation To Be Key Driver Of India Rating
Budget Reaction: Fitch Says Believe Policy Execution Will Be Challenging
Budget Reaction: Fitch Says Public Finances Vulnerable To Further Growth Slowdown

GAAR-Presumes tax benefit unless proved contrary
MFs covered for deductions u/s 80CCG
Excise duty increased on mobile phones of Retail Sale Price (RSP) more than Rs 2000
ED on readymade garments exempted: positive textile sector

SECTOR IMPACT

Select Sector to see impact

Auto - Cars & Jeeps
Auto - LCVs/HCVs
Banks - Private Sector
Banks - Public Sector
Cigarettes
Computers - Hardware
Computers - Software - Training
Construction and Contracting - Real Estate
Electricals
Engineering - Heavy
Finance - General
Finance - Investments
Infrastructure - General
Leather Products
Media & Entertainment
Mining/Minerals
Miscellaneous
Personal Care
Pesticides/Agro Chemicals
Power - Generation/Distribution
Refineries
Shipping
Sugar
Textiles - Denim
Textiles - General

Textiles - General

18:52 pm

Exice Duty on readymade garments exempted +ve for textile sector

TAX AND YOU

Salaried Person

Kuldip Kumar

REACTIONS

reaction on: Markets

Mukesh Kumar

Head - Strategic Planning | HDFC ERGO General Insurance

reaction on: SME

Snehdeep Aggarwal

Founder & Chairman | Bhartiya International

reaction on: Policy

Sanjay Sanghvi

Partner | Khaitan & Co

reaction on: Business

Govind Shrikhande

MD | Shoppers Stop

reaction on: Business

Gaurav Gupta

Sr Director | Deloitte

What got Cheaper / costlier?

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