TCI and GATI (Logistics Stocks) Will Run In Coming Future?

very sad .... profit booking is very vital in Trading , any good stock it may be , book some profit always is safe

 

RMSC Sir, I think that if Sroutaji is ready to wait till monsoon session of parliament, he may gain. With beginning of monsoon session of parliament, logistic shares are likely to start running again. GST Bill is likely to be cleared in monsoon session. BJP is trying its level best to convince all state governments and political parties to support GST.

 

I want to hold the stock and not sell because my capital gains become taxable if sold for less than one year as short term capital gains or business profits. If I hold for one year it becomes long term and is 100% exempt. Only problem with holding is that chance of gains is gone.

 

In my view all trading or investment is only for profit , if profit comes book profit and pay tax , you will get benefit , if you wait for 10 % tax benefit , you will loose opportunities .......

 

You want to hold the cake as well as eat it.

 

I don't think logistics stocks should be held for one year. If logistics stocks start running on clearance of GST, better take profit home. Because, even if GST bill is passed implementation will take time. To get the full benefit of GST, you will have to wait for at least two to three years. Big investors will not wait that long. They will sell at higher levels and buy again at lower levels. Again, there will be advantages as well as disadvantages of GST. One immediate effect of GST implementation will be increase in service tax. So all charges on services like telephone, mobile, internet, credit card, debit card etc. will increase. Increase in inflation.
I think that BJP may get GST bill cleared in monsoon session as it has become a prestige issue but slow down the implementation after that. There will surely be a increase in inflation as a result of GST implementation and would BJP like to face elections with inflation at its peak? UP state election, 2019 central election.
RMSC sir, What do you think?

 

Good point is there

 

basically Logistics business is low margin business , and also heavy competition in this business ...so always try to take advantage at news ....

 

Monsoon session of parliament from 18th July 2016.

 

Hope GST will pass because whole economy will shoot up then

 

Gati is shooting up 10% and TCI is shooting up 6%. Heavy gains are there

 

Discussion on GST Bill in Rajya Sabha tomorrow.

 

gati is fundamentaly strong and good tie ups and gst will make it higher