Friday, August 16, 2013

Selling Report - 15-08-2013

Company – INIL

Average Purchase Price – Rs 28.50

Average Sale Price – Rs 51

Profit Percentage – 80%

Today’s Close Price – Rs 51

 

Sold my last share of INIL today. Earned some profit. The above profit percentage does not take into account taxes and brokerage, so the actual profit percentage maybe a little less than the above. It was held for more than a year (about 13 months), so no CGT applicable. Dividends are not included in the profit percentage. It was not one of my best sell, sold it because, according to my calculations, it was overvalued.


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