Union Budget India in 2019 is in the corner and you may want to grab the opportunity. So, that you can make some quick bucks while investing in Indian equity markets.
If it is so, then invest in stocks that are likely to outperform pre and post-Union Budget India 2019.
Most of the stock analysts believe that stocks that work on rural development, consumptions sector, and infrastructure likely to be the beneficiaries of the budget.
It is expected that the Government of India’s focus will be on rural development and employment generation by implementing various policies.
Union Budget 2019 will be the next big thing that may trigger Indian stock markets to make a new high.
Modi 2.0 likely to announce various schemes and policy benefits to uplift the rural economy. Because of that, disposable income may also rise.
Due to that, consumption also increases and so you can focus on consumer-oriented stocks as well. To uplift rural zone, infrastructure, and affordable home are key things to eye on.
Top 5 Stocks to Invest Before Union Budget India 2019
There are thousands of companies that may be benefitted from Union Budget India 2019. However, I choose only 5 stocks that I am looking forward to investing before Union Budget India 2019.
Hero Moto Corp
Hero Moto Corp is the 2nd largest two-wheeler manufacturer in India. It has a market cap of way over 54,000 Crore.
Its P/E is 15.80 and is likely to outperform in 2019 and in future too. Hero Motocorp is actually a long-term bet and so you can keep it in your portfolio as well.
Escorts operates in the sectors of agri-machinery, construction, and material handling equipment. It is a market leader in its segment and has a market cap of 7500 Crore.
Although, its P/E is around 11.11 and already it has returned more than 130% in the last year or so. In fact, most of the analyst thinks that the stock may touch 850 levels.
UPL – United Phosphorus
United Phosphorus mainly in the business of pre to post-harvest agricultural solutions. It provides quality seeds, seed treatment, and industrial chemicals.
UPL market cap is above 50,000 Crore and P/E is 35.09
Hatsun Agro is a mid-cap stock and has the potential to become a large-cap stock. Its market cap is about 11000 Crore and P/E is above 98.86.
Jain Irrigation manufactures products like drip and sprinkler irrigation systems and its components. In fact, it is one of the top picks to invest before India’s Union Budget 2018.
Jain Irrigation market cap is about 2800 Crore and P/E is above 12.
I hope you like the 5 top stocks that I have mentioned above keeping in mind Union Budget India in 2019.
However, there are other stock ideas that I will publish in my next post.
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