Top Stock Picks: Brokerage house Prabhudas Lilladhar has included 22 stocks of Largecap, Midcap and Smallcap in his top pick after budget. These stocks are from largecap, midcap and smallcap spaces.
Brokerage house Prabhudas Lilladhar says the increase in capital expenditure is a big step in accelerating the pace of growth in the budget. The focus of the budget is on infrastructure development, digital and emerging technologies. Care has been taken for the development of rural India through education, digital transformation, infrastructure. At the same time, improving banking banking of 1.5 lakh post offices will increase financial inclusion.
Prabhudas Liladhar said the budget allocation for the infrastructure sector has been increased but more emphasis is being laid on infrastructure investment and resource mobilization through PPP mode. In addition, the funds under the zero interest bonds in the states have been increased 6 times in 50 years. On the other hand, individuals were not given any tax exemption. This is frustrating in an era of rising inflation. This means that direct consumption has not been pushed into the budget.
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22 stock top picks from this sector
Brokerage house Prabhudas Lilladhar’s post-budget model portfolio includes automobiles, banking, cement, construction and engineering, consumer, IT, metals, life insurance, NBFCs, oil and gas and healthcare. In addition, 22 stocks of largecap, midcap and smallcap space have been named as top picks. Depending on the target price on these stocks, investors can be given a further return of up to 44 percent.
(Disclaimer: Investing in stocks is advised by a brokerage house. This is not a G-Business opinion. Please consult your advisor before investing.)
