Advance tax collections is one of the clues to predict the results of the companies in advance.As per the above info ( source: the hindu businessline), CBI, L&T, BOI, SBI &ACC have paid advance taxes more when compared to last year.
SBI stock is one of my favourite and a real long term bet. L & T should also be a sound long term investment. Small lots of these can be accumulated , if one is looking at a 3-5 year investment horizon.
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