Bet on these 5 stocks before the budget, brokerage claims, you will get huge profits

New Delhi. Finance Minister Nirmala Sitharaman will present the full budget on July 23. The budget is expected to focus on infrastructure, capex and manufacturing. Brokerage firm Motilal Oswal also believes something similar. The brokerage has said in a note that with the elections over and the NDA coming back to power, policy continuity will take the overall economic momentum further. The brokerage has told investors about five such stocks in which investing before the budget can give a good profit.

Motilal Oswal’s budget picks also include Godrej Properties’ stock. On Friday (12 July), this stock closed at Rs 3,265. The brokerage says that the growth of Godrej Properties will continue. Motilal Oswal has set the target price of Godrej Properties at Rs 3,725.

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Brokerage bullish on KEI Industries too
Motilal Oswal is bullish on KEI Industries, which is engaged in the business of manufacturing and marketing of power cables-extra high voltage (EHV), high tension and low tension, specialty cables, house wires and other products. The brokerage says that KEI Industries is the second largest company in the cable and wire industry and it will maintain 11% margin in FY25. This midcap stock closed at Rs 4,581 on Friday. The brokerage has set its target price at Rs 4,560.

PNB Housing Finance
Motilal Oswal has advised to buy shares of PNB Housing Finance before the budget. On Friday, this stock closed at Rs 810. The brokerage says that this stock can go up to Rs 1,015 in the coming time. Motilal Oswal says that PNB Housing is ready to overcome short-term obstacles in NIM and improve product mix.

Invest money in Angel One
Motilal Oswal has recommended buying Angel One shares at a target price of Rs 3,400. Angel One shares closed at Rs 2,243.80 on Friday. The brokerage said that Angel One is now in a good position to expand its business with the fund raising of Rs 1,500 crore.

Kalyan Jewelers was told to be a profitable share
Motilal Oswal has also recommended buying shares of Kalyan Jewelers before the budget. It is known for its product range and strong brand image. The company is working on an expansion plan. It expects margins to increase in the future.

(Disclaimer: The stocks mentioned here are based on the advice of brokerage houses. If you want to invest money in any of these, then first consult a certified investment advisor. AyraNews24x7 will not be responsible for any kind of profit or loss of yours.)

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