Blog – Page 97 – Katalyst Wealth

Market Polarization: Amazing how some segments are so expensive and others so cheap

October 12, 2019

Dear Sir, Hope you are doing good. We are writing this mail to share with you our views on the current market situation. The mid and small cap indices have been butchered, while SENSEX has held on to its levels, courtesy a few stocks. Market corrections are part of overall cycle and we are frankly not so much concerned about the same. There was obviously some excess on the upside in 2017-18 and may be there’s some excess…

Google Baba: Good indicator of Market tops and bottoms

October 8, 2019

Dear Sir, While Google has proved to be extremely helpful to mankind, it’s difficult to believe that it can even help in determining the market tops and bottoms. However, it indeed helps. We are in fact disappointed that we added this tool only recently to our repertoire for determining the market excesses on both the sides. However, it’s never too late to have extra tools at your disposal and we are happy to share the same with you…

[New] Stock Report – Less than 7 times earnings for a Company performing so well

October 1, 2019

Dear Sir, We seem to be going through interesting times in market. Barring some 10 stocks, the entire market is down. The demand has definitely slowed down; however, there are a lot of positives to cheer about: lower corporate tax rates (25%), lower crude prices (Brent crude around 60$), water reservoirs across the country holding 21% more water than 10-year average, etc. While it’s difficult to predict as to when the demand will pick up…however, the Govt. seems to be…

Impact of Corporate tax rate cut on companies under coverage

September 21, 2019

Dear Readers, Hope you are doing well. I think you may already be aware that Govt. has slashed effective corporate tax rate to 25.17% for domestic companies from around 34.9% earlier. Previously, the Govt. had reduced effective tax rates on companies with turnover up to Rs 400 crore to 29.12%; however, even those will now be taxed at 25.17% Seemingly, it looks like a great move and will make the Indian companies more competitive with tax rates now comparable with…