Budget 2008 - 2009 might see some Excise Duty cut for Gems

• Author: admin
• Filed under: Budget, Gold Market
• Date: Feb 27,2008

Yesterday we saw some stocks that really benefit from Raiulway budget today , even before the Budget i have some recommendations like in the Gems and Jewels section , almost every analyst are looking for a Excise Duty cut for Gems and Jewels , So if thats the case that will increase the Revenue by reducing the spendings , these stocks will benefit from any measure like that.
Just did some analysis and these stocks look good fundamentally also

Classic Diamonds (B1) 80.75
Gitanjali Gems (B1) 302.35
Shrenuj & Co (B1) 51.80
Su-RajDiamonds&Jewel (B1) 64.30
Suashish Diamond (B1) 245.05
Flawless Diamond (B2) 75.35
Golkunda Diamond (B2) 15.35
Rajesh Exports L (B2) 120.45
Shyam Star Gems (B2) 116.80