What does Budget 2010 hold for D-St's blue chips?

What does Budget 2010 hold for D-St's blue chips?

ET Bureau

The day traders may have played their game, but for millions of investors, it’s now time to sit back and read between Pranab babu’s lines. Maybe you need to take another look at your portfolio, tweak things around a bit. With service tax on rail freight, higher MAT and the partial rollback of stimulus, it will take a while to figure out whether the Budget is as friendly as it appears.

To make life a little easier, and give you an idea of what’s hot, ET, in association with ICICIdirect — an arm of ICICI Bank — gives you a sense of how the Budget will impact the fortunes of the 30 Sensex companies. We have identified the winners, the losers, and the also-rans. This, we hope, will keep you streets ahead in a world that’s full of surprises. So, read on...

ACC Ltd 27 Feb 2010, 0647 hrs IST

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Latest Quotes | Charts | News/Announcements | Quarterly Results | P&L | Price History Recommendation: Sell The excise duty hike of 2% will be partially passed on to consumers. This will account for Rs 2-3/50-kg bag. However, the expected glut in the South will put pressure on pricing in CY10E. Thus, despite the 10% volume growth & rise in demand on account of infra spending, we expect the bottomline to fall 31% in CY10E.

More @ http://economictimes.indiatimes.com/articleshowpics/5622841.cms

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