Budget Stock Picks:This time the budget for both market and economy is make or break. Both markets and economy are struggling with difficult challenges. While the economy shows lethargy, the market has also been going through correction for the last 4 months. The results of most companies have also been weakened by two consecutive quarters due to decrease in demand. In such a situation, both the market and economy are expecting relief from the budget. Both are waiting for booster dose from the budget. It is believed that the government may make several decisions to increase capex and demand in the budget. Also, steps can be taken to give relief to the middle class. The question among these expectations is that if there are decisions of relief in the budget, then through which shares it can be benefited the most. To solve your difficulty, there is a large panel of fundamental experts with CNBC-Awaaz, which will tell its Big Budget Bets,
This panel includes Marketsmithindia Mayuresh Joshi, SBI Securities Of Sunny Aggarwal, Geojit Financial Services Of Gaurang ShahMarket expert Sudeep bodopadhyay , Ambareesh Baliga, Tracom Stock Brokers Of Parthiv Shah, Aum capital Of Rajesh Aggarwal And JM Financial Services Of Ashish Chaturmohta,
Mayuresh Joshi’s budget pick
Mayuresh Joshi’s budget pick EmudhraThe company serves as paperless transfusion in the country and abroad. It works for the government and banks. The company will benefit from digitization. The company’s fundamentals are strong. Mayuresh believes that stock can get 20 per cent returns in stock in 1 year. Their stock recommends purchases from existing levels. Keep 50 DMA as a stoploss.
Sunny Aggarwal’s budget pick
To Sunny Aggarwal Titagarh Wagon Likes He says that in the next 1 year, a target of Rs 1300 can be seen in this stock. Titagarh Wagon has a capacity to create 300 coaches annually. The company also manufactures electrical propulsion equipment. The company has received orders for 14,560 wagons, 1592 metro, Vande Bharat Coach. There is a strong orderbook of 12,200 crores. There is no debt on the company. Its valuation is also good.
Gaurang Shah’s budget pick
Gaurang Shah Ki M & m I recommend purchasing for a 1 -year target of Rs 3,550. He says that so far the results have been estimated. The company’s results will be good even further. Good policy is possible for the budget and later auto sector. Both local market and export will be supported by the results. The new launch will help the company to get a big market share.
Sudeep Bandyopadhyay’s budget pick
Sudeep Bandyopadhyay ki BEL It is advisable to buy in this stock that shopping should be done for the target of Rs 350 in this stock. The company will benefit from Make in India in defense. The company’s balance seat is strong. The company’s exhibition capacity is excellent.
Rajesh Aggarwal’s budget pick
Rajesh Agarwal’s BEMLIt is advisable to shop. He says that the allocation for the defense sector in the budget may increase. The company is in defense, mining and metro rail segments. Its order book is excellent. The company’s capacity is focus on expansion. The company has given 20 percent revenue growth guidance for FY25.
Parthiv Shah’s budget pick
Parthiv Shah’s L&T There is advice to invest in. He is of the opinion that this year government capes are expected to boom. The company has orders worth Rs 5.10 lakh crore. Engineering service and defense are also expected to increase orders for the company. These shares are better for long periods. L&T is a veteran company of Space.
Ambareesh Baliga’s budget pick
Ambareesh Baliga Ramakrishna forgings Has advised purchases for a target of Rs 1150. He says that the focus on Infra and Railways is possible in the budget. It is the second largest forging company in the country. The company works in auto, railways, farm equipment and moving-mining space. The company has 7 manufacturing facilities. It is investing in solar power plant. The subsidiary has 11 plants. The company has around 247 customers.
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Budget pick of Ashish Chaturmohta
Ashish Chaturmohta’s Piramal Pharma I recommend shopping for a target of Rs 350. He says that the company’s business of CDMO space may double by the year 2028. CDMO Space has a good contribution in the company’s business. Further good growth in the biotech sector in the US is possible. Consumer healthcare also expect good revenue. Margin will increase in CDMO space and debt concerns will be overcome.
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