Industry experts believe that the tax rate for GMDC on lignite could reduce from 37%, at present to 12%, post GST.
Caprolactam prices have been rising over the past few months after the shutting down of capacities in Europe and America.
Experts believe that any further correction will make the stock attractive for investors who like stocks with good dividend yields.
Government’s push for a less-cash economy has brought several IT-related software, hardware companies back on investor's radar.
The government has completed one round of stake sale in Engineers India (EIL) in the current fiscal, reducing its holding in the company to 59.4% from 69.4%.
The feminine hygiene business has been growing in double digits for 13 years, while Vicks has been consistently increasing its market share (currently 38%39%).
Introduction of new products to help Essel Propack deliver 15% compounded growth: Ashok Goel, MD of Essel Propack
"Essel being the largest laminated tube manufacturer is benefiting from this which is also reflected in our past few years’ performance," he said.
“Essel Propack remains one of our preferred vendors and they will be considered for our products,“ said SK Tijarawala, Patanjali's spokesperson.
Restarting of aluminium smelters, which have been shut due to low demand, along with rising aluminium prices has increased demand for alumina.
Shares of 7 PSUs have hit record levels after the cash crunch, and continued to trade close to their highs, outperforming the overall benchmark index Nifty.
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