The government has an consensus view that FY26 can increase Capex distribution by 10 to 15 %.
In addition, the street supports the government to stick to 4.5 % of the budget deficit goals. Securities companies expect a large number of announcements for finance, defense, railway, electricity, health, consumption, and cars.
“The budget is expected to prioritize high -speed rail projects, electrification, modernization, and green initiatives as the budget is strengthened,” said the SKI CAPITAL manager and CEO. Narinder Wadhwa states.
The shares and themes that are expected to focus are as follows.
1) Railway stock
Antique stock broken expects that FY26’s 2.7 to 2.8 rupees may increase 8 to 10 % year -on -year. It is expected that the number of VANDE BHARAT trains will be assigned and the “Kavach” assignment will be increased.
Priests are Siemens, L & T, Hitachi Energy, Bemul, Bell, Titagal, Ritual IRCON, RVNL, Railtel, HBL Power System and Kernex Microsystems. According to SKI Capital’s Wadhwa, Elara Capital also has a preference for the Indian Railway, which is led by modernization, upgrades, and exports. The stock to purchase is ritual, KEC International and Siemens. ABB and BEML have “accumulation” evaluation.
Kavach’s opportunity is estimated to be 45,000 rupees, and Elara is an investor HBL engineering, Kernex Microstement, Titagarh Rail Systems, Jupiter Wagons. , Kalpataru Project, Kayness Technology, Syrma SGS, BHEL , BHEL, BHEL, Concord Control Systems and Quadrant Future Tek.
Read again: Budget 2025: Can Kabach be a Siemens, the future of a quadrant, or a four more stock changers?
2) Defense sector
Mehta Equities hopes that the Minister of Finance Nirmala Sitharaman will increase budget allocation from the RS 6.22 LAKH Crois last year. For the Indian Ministry of Defense. HAL, BEL, and data patterns are the top play of this securities company.
Ski Capital’s defense picks are Bharat Electronics (Bel), Hindustan Aeronautics (Hal), Mazagon Dock Shipbuilders, and COCHIN SHIPYARD.
Bajaj Broking has a fixed eye on the DCX system.
3) Capex sector
The government is ready to have a large -scale opportunity because the government is focusing on the development of the overall infrastructure of the country, especially the highway, railway, and urban infrastructure. AXIS Securities stated. HG Infra, Rits, Kec International, Jkumar Infraprojects, and Ahluwalia have selected budget shares.
Capex players such as L & T, KNR structure and PNC Infratech said that they were ready for profits.
In the infrastructure space, Larsen & Two Bro (L & T) remains the top bet of Metaekuity.
4) Automobile stock
The Indian automotive industry hopes to rationalize some rates, including 18 % of all automotive parts, including a uniform GST. The industry is hoping to introduce more initiatives, including scrap policies, EVS PLI schemes, advanced technical components, and promptly adoption of India (hybrid and) electric vehicles and promptly adoption of manufacturing (fame) II. I am expecting it. The top pick is MARUTI SUZUKI, ASHOK Leyland, and M & M.
Axis Securities’s top auto and auxiliary stocks are MARUTI, M & M, TVS Motor, Bajaj Auto, HERO MOTOCORP, UNO MINDA, EXIDE Industries, Amara Raja Energy.
Tata Motors and Mahindra & Mahindra are purchases of car sector from ski capital.
Also, read: budget 2025: Automotive stock decreases up to 40 % from the 52 -week peak. Can these three subsidies by FM Sitharaman improve things?
5) Stock of hospital
AXIS Securities states that the announcements and research on medical tourism can cause pharmacies. Reddy’s research institute, Lupine and Fortis Healthcare are preferred by this sector.
Apollo Hospitals is a ski healthcare play.
6) FMCG-Staple and discretion
If the budget is rescue of income tax, spending rural development, or if the profits of consumer and FMCG are announced, consumption may be boosted. He said he chose.
Elara recommends Amber Enterprises as EMS play.
7) Real estate
Real estate sector expectations include an increase in the tax deduction limit for 2 to 5 rupees, the definition of “affordable prices”, and encouraging rental housing.
If you further boost an affordable house, you may boost your real estate sector, and MEHTA’s shares will choose the Oberoi Realty, DLF, and GODREJ Properties as the spaces of this space.
For real estate sector, ski capital priority shares are DLF, Godrej Properties, UltrateCH Cement, and Embassy REIT.
On the other hand, AXIS’s real estate stock is fame real estate and Oberoi Realty.
Also read: Bell, 14 small caps are the most consistent performers between budgets and provide up to 15,802 % in 5 years.
8) BFSI stock
Mehta Equities stated that banks could focus on the privatization and digitalization benefits of banks. India’s National Bank (SBI) and ICICI Bank are preferred picks.
According to AXIS Securities, MSME’s Capex and budget -related announcements could cause banks and BFSI credit growth. Priority stocks include India National Bank (SBI), Baroda Bank (Bob), Bank of Kanara, Bank of HDFC, ICICI Bank, Credit Access Gramin, Fusion MFI, Satenx Reserve, SBI Life Insurance, HDFC Life Insurance, ICICICI PRU LIFE, ICICICICI PRU LIFE, Power Finance Corporation (PFC) and REC.
9) Power sector
AXIS Securities has promoted India’s renewable energy sector and national green hydrogen missions to support utilities and power assistance. Recommendations are JSW Energy, NTPC, NLC India, Tata Power, WaareE Energies, Premier Energies, PREMIER ENERGIES, Inox Wind, Skipper, Power Grid Corporation, and Power.
10) metal
Metal protection obligations can benefit the steel sector and aluminum sector. AXIS Securities recommends Tata Steel, Sail, Hindalco Industries, and National Aluminum Company (Nalco).
11) Sightseeing
The tourism industry expects LTA to be exempted from other measures. AXIS said that Indian hotels are the best shopping.
Bajaj Broking is betting on Apeejay Surrendra Park Hotels.
12) Telecom
The government is considering proposals to alleviate the adjusted total income or AGR. The membership fee is the one in charge of the national affairs. The beneficiary says that BHarti Airtel is an antique stock broken when it comes to Vodafone’s idea.
“In the case of VI, this may mean 52,000 rupees, about 75 % of the AGR liability and about 25 % of the total debt. In the case of BhartiaIrtel, the relief is about 38,000 cloles. It is estimated.
others
Bajaj Broking is positive for ion exchange of water management companies.
(Disclaimer: The recommendations, proposals, opinions, and opinions given by experts are unique. These do not express the views of the economy.)
