Budget 2024 highlights & stocks with benefits.
?CESC, SHREE CEMENT, EVEREADY INDUSTRIES, EMAMI
Development of the East
Government will pay utmost attention to make the eastern region and its people a powerful driver of India’s growth.
?WEBSOL ENERGY, WAREE RENEWABLE, TATA POWER, BOROSIL RENEWABLES
Rooftop solarization, one crore households will be enabled to obtain up to 300 units free electricity every month.
?Ashiana Housing, Can Fin Homes, Ganesh Housing, Puravankara (Operating Under Affordable Housing Segment)+PNB Housing Finance, Home First
Govt to launch Housing for middle class scheme
?NCC, Capacite, PSP and Ahluwalia
Two crore more houses will be taken up in the next five years-PM Aawas Yojna
?Kaveri Seeds
Atmanirbhar Oil Seeds Abhiyan to be launched
?HAL, Paras Defense (Research Wing) , Bharat Forge
Deep-tech technologies for defence purposes and expediting ‘atmanirbharta’
?CONCOR
Three major economic railway corridor programmes will be implemented.
?GMR AIRPORTS, DREAMFOLKS, TANEJA AEROSPACE, AVIATION STOCKS
Roll out of air connectivity to tier-two and tier-three cities under UDAN 19 scheme has been widespread
?IREDA
Viability gap funding will be provided for harnessing offshore wind energy potential for initial capacity of one giga-watt
?JBM AUTO, OLECTRA GREENTECH
Greater adoption of e-buses for public transport networks will be encouraged through payment security mechanism.
?PRAVEG, HOTEL STOCKS, EXHICON, SIS (SECURITY)
Comprehensive development of tourist centres-Events+Religious Tourism
?GRAVITA, GANESHA ECOSPHERE
New scheme of biomanufacturing and bio-foundry to be launched to support environment friendly alternatives
?GUJARAT AMBUJA EXPORTS
Government will promote private and public investment in post-harvest activities
?DREDGING CORP
Port Connectivity
?L&T, Thermax, KEC, Cummins
Capital Outlay for the next year is being increased by 11.1%, to 11,11,000 Cr
?Railways Stocks, L&T, Va Tech Wabag
Focus on India Middle-East Europe Trade Corridor
?Poonawala Fincorp, UGRo Capital, Capril Global, Five Star
Focus on MSME DevelopmenT
?Titagarh Wagons, Jupiter Wagons
Forty thousand normal rail bogies will be converted to the Vande Bharat standards
?BHEL
Coal gasification and liquefaction capacity of 100 MT will be set up by 2030
?BEML
Metro Rail and NaMo Bharat can be the catalyst for the required urban transformation
For information only
