Import of aircrafts, parts on lease exempt from GST.benefited to airlines finance company also like Mega corporation , Taneja airspace and aviation benefited to, sika interplant systems ltd and all aviation stocks
GSKPharma to invest Rs 1,000 crore in #Karnataka plant
As far as merger between IDFC SHRIRAM Group is concerned:
Our analysis says that one has to be really cautious.
1) There is still 90 days time before the actual valuation and deal structure is announced
2) The deal or merger can see the little of the days is also a big concern give permission from rbi, sebi, irda and stock exchanges has to be sought.
3) Given the merger nature is such that a big entity is mergering with smaller entity. Ajay piramal will get a significant stake in idfc bank and he has been aiming to get into banking for long time. Given the rbi’s disinclination to have one private individual holding significant shareholding in banks. This will be a big read flag in merger process.
4) The actual effect in balance will come only in next 18-24 months as merger process will itself take 12 months post 90 days consultant between both the parties.
5) As shriram transport finance is kept out of merger, the real aim for merger is to provide a platform for retail insurance business of shriram and idfc bank to get casa boost from existing business of shriram.
Our call would be now to buy shriram transport Finance as soon it will delisted. Though final de listing prices havent been announced. But if the merger goes through, we expect this to be good.
As perse mergering entities are concerned idfc ltd, idfc bank and shriram city union dont take positions till merger details comes out!
Sector to watch:
Positive: Aviation,
Stocks to watch:
Positive: #Tatamotors #Fortis #Cadilahc #Srtransfin #Tanaa #Megacor
Negative: #Vedl
