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2 Stocks That Could Benefit From The Union Budget 2022

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We believe that the infrastructure sector is one sector where a Budget outlay is almost certain. Companies that are diversified infrastructure players that are engaged in roads, bridges, ports, dams, airports etc., are likely to be big beneficiaries. Here are 2 stocks that could benefit from Union Budget 2022-23.

 
2 Stocks That Could Benefit From The Union Budget 2022

L&T:

This is the biggest infrastructure company that operates in the country. From construction to engineering the company has a presence in almost every area. If the outlay accorded to various categories of infrastructure rises, L&T is likely to be a big beneficiary.

Of course, the company has over the years has also seen significant order book from abroad. We wish to state that we believe the stock could be a beneficiary, though we are not analyzing the same for the purpose of buying or selling.

Out take right now is that the L&T stock over the last 1-year has gone-up significantly and so have the markets. Do that extent we would not advise any buying in the stock.

Dilip Buildcon:

This is another stock that is a big player in the infra space. It is the largest and fastest growing road company in India. It is almost certain that there would be an increase in outlay for the road sector.

The problem for the company recently was that In an exchange filing the company recently said, "" this is to bring to your kind notice that Executive Director of the company has been released from the custody of the investigating agency vide order dated 07-01-2O21 passed by the Court of Honble Special Judge, CBI."

It said that the company acted in a bonafide manner and fully cooperated with the investigating agency during the investigation period.

The shares of the company recently hit a low. We are not recommending this stock as well as a buy, as we are only listing the likely beneficiaries from the Union Budget.

Story first published: Thursday, January 27, 2022, 14:48 [IST]
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