LTCG TAX REMOVAL đ± BREAKING NEWSâ« STOCK -19% CRASHâ« SUZLON Q2 RESULTSâ« KFINTECHâ« JIO IPO LISTING GMP
Stock Market à€à€Ÿ Commando âą 4 days ago
What This Video Is About
The video covers various topics related to the current market trends, including the booming IPO market and the performance of several companies. It also touches upon the potential impact of a change in the LTGC tax on the market and foreign investment.
Major Ideas Discussed
- The IPO market is currently booming, with several companies launching their initial public offerings, benefiting registrars like Kfintech.
- Kfintech's performance has increased, with a 5% rise in stock price, revenue growth from Rs. 309 crores to Rs. 357 crores, and a significant increase in profit.
- Other companies, such as Kerlskar Group and Ek, have not performed well, with their stock prices crashing due to poor numbers.
- There is a possibility of a positive change in the LTGC tax, which could provide relief to NRI investors and help reduce the outflow of foreign capital.
- The Jio IPO allotment has been finalized, with a healthy grey market premium, and its listing is expected to take place soon.
- Suzlon Energy will announce its numbers on October 29th, along with a conference call, and has been focusing on AI-related energy supply with plans to change its business strategy.
What to Watch Next
The video suggests keeping an eye on the development of the LTGC tax, the performance of companies like Kfintech and Suzlon Energy, and the upcoming IPO listings, as these could have significant implications for the market and investment decisions.