Union Budget 2025: UltraTech, SBI, Tata Power Among 68 Stock Picks From Axis Securities

Last Updated:January 27, 2025, 09:00 IST

Ahead of Union Budget 2025, Axis Securities has highlighted 68 growth stocks across various sectors

Stocks to Buy

Union Budget 2025, Stock Market Picks: Ahead of Union Budget 2025, Axis Securities has highlighted 68 growth stocks across various sectors, with notable companies such as M&M, UltraTech Cement, and Tata Power making the list. The firm anticipates significant opportunities in line with the government’s focus on infrastructure development and economic revival. Here’s a closer look at their recommendations:

Infrastructure With increased government focus on infrastructure development, especially in highways, railways, and urban projects, companies in these areas are set to benefit from substantial growth.

• Stocks: H.G. Infra, RITES, KPIL, KEC International, J Kumar Infraprojects, Ahluwalia Contracts

Cement As the government continues to push for infrastructure expansion, cement companies are expected to see higher demand.

• Stocks: UltraTech, Ambuja Cements, Dalmia Bharat, JK Cement, JK Lakshmi, Birla Corp

Utilities & Power Ancillaries Power utilities and related companies stand to gain from the government’s infrastructure push and focus on clean energy.

• Power Utilities: JSW Energy, NTPC, NLC India, Tata Power
• RE EPC/RE Component Manufacturers: Waaree Energies, Premier Energies, Inox Wind
• T&D Components and EPC: Skipper Limited
• T&D Utilities: Power Grid Corporation of India
• Smart Metering Stocks: Genus Power

BFSI The financial sector, especially banks, insurance, and microfinance institutions, is expected to benefit from the government’s focus on financial inclusion and economic recovery.

• Banks: SBI, Bank of Baroda, Canara Bank, HDFC Bank, ICICI Bank
• MFIs: CreditAccess Grameen, Fusion MFI, Satin Creditcare, Spandana Sphoorty
• Insurers: SBI Life, HDFC Life, ICICI Pru Life
• MSME-focused Banks & NBFCs: PFC, REC

Chemicals & Fertilizers The chemical and fertilizer sectors should see growth due to increased focus on agricultural productivity and industrial chemicals.

• Stocks: Ami Organics, Dhanuka Agritech, Neogen Chemicals

Mid-Cap Opportunities Mid-cap stocks in key industries are poised for growth with the expected economic revival.

• Stocks: Praj Industries, Va Tech Wabag, Gravita, Antony Waste, Jain Irrigation

FMCG & Retail The consumer goods and retail sectors are expected to benefit from improved demand and consumption recovery.

• Stocks: Dabur, Britannia, VBL, VMART, Vishal Mega Mart

Auto & Ancillaries The automotive sector, especially EVs and related companies, will likely benefit from government incentives.

• Stocks: Maruti Suzuki India, Mahindra & Mahindra, TVS Motors, Bajaj Auto, Hero MotoCorp, Uno Minda, Exide Industries, Amara Raja Energy

Metals & Mining With the increased budget allocation for construction and infrastructure, steel demand should rise, benefiting the metals and mining sector.

Real Estate Top real estate players will continue to thrive with increased focus on affordable housing and urban development.

• Stocks: Prestige Estates, Oberoi Realty

Pharma & Healthcare The healthcare and pharmaceutical sectors are expected to remain strong, with companies poised to benefit from growing healthcare investments.

• Stocks: Dr. Reddy, Lupin, Fortis

Hotels & Travel The hospitality and tourism sectors should benefit from recovery in domestic and international travel.

Axis Securities anticipates robust opportunities across these sectors in Budget 2025, as government initiatives drive growth.

Disclaimer:Disclaimer: The views and investment tips by experts in this News18.com report are their own and not those of the website or its management. Users are advised to check with certified experts before taking any investment decisions.

News business » markets Union Budget 2025: UltraTech, SBI, Tata Power Among 68 Stock Picks From Axis Securities



_{Images are for reference only.Images and contents gathered automatic from google or 3rd party sources.All rights on the images and contents are with their legal original owners.}