Budget 2022 Stocks: After the budget these sectors will see a boom, these 7 stocks will earn strong; See details

Budget 2022 Stock Picks: Finance Minister Nirmala Sitharaman has presented the general budget for the financial year 2022-23. The finance minister’s focus in the budget is on growth. Compared to the last budget, the government has increased the capital expenditure by 35 percent. The revenue deficit target has also been kept higher than expected. At the same time, the government has not imposed any new tax. The market is positive with the budget. There will be a boom in the infra, consumption, real estate sector in the coming days. Brokerage firm Motilal Oswal has suggested investing in L&T, Ultratech, DLF, Bharti Airtel, IRCTC, Can Fin Home and BEL shares after the budget. This allows investors to get strong returns up front.

L&T: The announcement of Rs 7.5 lakh crore for capital expenditure in the budget is a positive step. The government feels it needs to increase government spending to support private investment. This will increase the demand. This is a good thing for companies like L&T. L&T will be the biggest beneficiary of the Capex cycle in India.

Ultratech Cement: Tk 48,000 crore has been announced for housing in the budget. Ultratech is in a good position to capture the profits of the cement market. The company will benefit from the recent growth in government infrastructure development and housing demand through its strong distribution network.

DLF: The government has announced to complete construction of 80 lakh houses by 2023 under the Prime Minister’s Housing Scheme. 48,000 crore has been allocated under PMAY Urban and Rural. This announcement will help boost the affordable housing market This is positive for DLF. The growth of the company is strong in terms of sales, bookings and deals.

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Bharti Airtel: The government has announced spectrum allocation for 5G. With this, 5G service could be launched in India by 2023. The government has also announced funding for rapid broadband in rural areas. The execution quality of Bharti Airtel is good. The company will benefit from strong customers and market share.

IRCTC: In the next three years, India will run 400 new, energy-efficient Banda trains. Railway Sector 100 high speed power cargo terminal will also be constructed during this period. Keeping the farmers in mind, the railway sector will be developed as ‘One Station One Product’. This is positive for IRCTC.

Home Fin can: The announcement of Rs 48,000 crore allocation in the housing sector is positive for the company. Can Fin Homes has a strong position in small and affordable housing. The company’s balance sheet is also strong. This will be a big advantage for the company.

BEL: The government has announced 8 percent capital allocation for the defense sector. BEL will benefit from increased spending in the defense sector. This is because the company has a strong production base and a well-functioning track record. The company’s R&D capabilities are also good. The focus of the company is exporting to friendly countries.

(Disclaimer: The investment advice here is provided by the brokerage house. This is not a G-Business opinion. Please consult your advisor before investing.)