1. DIYTechnicalAnalysis is a private community of traders and investors interested in building wealth from Indian equity market. You can become a member with a one time registration fee of ₹199. Click here to become a member

Britannia Industries and Jubilant Foodworks

Discussion in 'Portfolio Updates' started by shabbir, Jul 14, 2017.

  1. shabbir

    shabbir Administrator Staff Member

    Joined:
    Apr 30, 2012
    Messages:
    6,669
    Likes Received:
    1,938
    I could not share the contract notes earlier because I was down with fever (102+) from 11th July. Still recovering.

    Booked profits and is completely out of Jubilant Foodworks and Britannia Industries. The reason to book profits is
    1. The profits are tax free as investment in these stocks was for more than one year.
    2. The high PE of these stocks may be reason for goodish bit of correction which is quite awaited now.
    I am planning to get into stocks that are low PE now.
     

    Attached Files:

    arunmohan likes this.
  2. arunmohan

    arunmohan Active Member

    Joined:
    Feb 12, 2017
    Messages:
    32
    Likes Received:
    28
    shabbir likes this.
  3. shabbir

    shabbir Administrator Staff Member

    Joined:
    Apr 30, 2012
    Messages:
    6,669
    Likes Received:
    1,938