|
We split the budget into 3 parts:
1. Income (based on 8-9%
GDP growth)
2. Expenditure (based on
higher consumption)
3. Balancing
(Divestment, FDI, Banking momentum & Export drive) Broadly he touched upon some
sectors like:
BENEFITTED:
• Infrastructure
• Power
• Pharma
• Roads
• Railways
• Education & IT
• Banking & Pensions
• Textiles
AFFECTED:
• Metals
• Telecom
&
• Oil & Gas including Exploration
Proposals & 3 Stocks /Sector
which may benefit: ( Time Horizons are over 1 year)
INFRASTRUCTURE:
|
Stock Name |
CMP |
EPS |
P/E
(Times) |
Target |
|
BHEL |
2176 |
64 |
34 |
2600 |
|
L&T |
1,430 |
46 |
31 |
1900 |
|
Punj LLoyd |
216 |
—— |
—— |
270 |
POWER & DISTRIBIUTION:
|
Stock Name |
CMP |
EPS |
P/E (Times) |
Target |
|
JP Hydro |
78 |
4 |
22 |
120 |
|
Reliance Power |
164 |
—— |
—— |
198 |
|
Neyveli Lignite |
127 |
9 |
14 |
150 |
EDUCATION & IT:
|
Stock Name |
CMP |
EPS |
P/E (Times) |
Target |
|
Educomp |
4009 |
80 |
50 |
4500 |
|
Aptech |
148 |
5 |
28 |
198 |
|
NIIT |
56 |
3 |
19 |
90 |
BANKING & PENSION:
|
Stock Name |
CMP |
EPS |
P/E (Times) |
Target |
|
Yes Bank |
140 |
10 |
14 |
180 |
|
SBI |
1634 |
144 |
11 |
1950 |
|
Kotak Bank |
600 |
19 |
32 |
700 |
ROADS & RAILWAYS:
|
Stock Name |
CMP |
EPS |
P/E (Times) |
Target |
|
HCC |
103 |
5 |
21 |
140 |
|
SIMPLEX INFRA |
386 |
26 |
14 |
450 |
|
IVRCL |
336 |
17 |
19 |
390 |
PHARMA:
|
Stock Name |
CMP |
EPS |
P/E (Times) |
Target |
|
Glenmark Pharma |
220 |
12 |
18 |
290 |
|
Divi’s Labs |
1057 |
64 |
17 |
1590 |
|
Sun Pharma |
1215 |
88 |
14 |
1500 |
METALS: (indirectly benefitted by infra spending)
|
Stock Name |
CMP |
EPS |
P/E (Times) |
Target |
|
TISCO |
380 |
162 |
2 |
600 |
|
SAIL |
161 |
16 |
10 |
200 |
|
SESA GOA |
210 |
25 |
8 |
250 |
HAPPY INVESTING AND IN CASE YOU
WOULD LIKE TO GET YOUR FINANCIAL PLAN & PORTFOLIO MANAGED PROFESSIONALY, PLS
CALL US AT 022-42379900. |