Joindre Cap Serv News and Updates

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Joindre Capital Services Ltd.

23 Sep 2019

49.90

-0.18%

Corporate Tax Cuts Revision Note

Results Update: Joindre Capital Services Ltd.

Joindre Capital Services

In a surprising and bold move the government has announced a reduction in the corporate tax rate from 34% to 25.17% effective FY20 thereby fulfilling its key agenda of implementing the Direct tax Code (DTC). This is a massive trigger for revving up growth and, more importantly, resurrecting the equity market sentiments which were largely beaten down. The immediate benefit of this reduced tax rate will be seen in increased cash flows to corporate India that will be either be channelized into debt reduction or incremental investments in increasing fresh capacities....

Joindre Capital Services Ltd. is trading above its 200 day SMA of 49.2

Is Joindre Capital Services Ltd. worth buying?

14 Votes:

Buy 71.43%

Sell 7.14%

Hold 21.43%

34.32% Gain from 52W Low

Joindre Cap Serv News and Updates

Keep track of all breaking news on Joindre Cap Serv from all sources in a single place.