Refer to “Media Masochism” (Letter from the Editor, MoneyLIFE March 27). At present, before levying a penalty under section 271 (1), the IT officer is required to record the reasons for believing that there is a wilful misrepresentation by the assessee - a detailed statement on the reasons has to be noted in the files. The same may be considered by higher authorities, including courts for...
This variety of Stockgrader tries to capture the more recent moves of a stock. It lets the more active investor focus on stocks that are currently on an uptrend. The emphasis is less on the fundamentals of a stock and more on price strength and lower volatility. As you can see just a few stocks have made the A grade. The best of the lot is Glenmark which combines extremely strong price action...
This grader should appeal to investors who are willing to look over a slightly longer term. For this, the Stockgrader formula is tweaked to incorporate price strength over 26 weeks. Besides, volatility gets a higher emphasis and so do fundamentals. Champage Indage has had a great run over the past one year and its recent price correction still makes it a great bet. Its fundamentals are great...
