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Britannia Industries and Jubilant Foodworks

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

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  1. shabbir

    shabbir Administrator Staff Member

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    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.
     

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    shabbir, Jul 14, 2017
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  2. arunmohan

    arunmohan Active Member

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    arunmohan, Jul 14, 2017
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  3. shabbir

    shabbir Administrator Staff Member

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    shabbir, Jul 14, 2017
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