Oct 04 , 2024

Stocks That Are Likely To Benefit From Nirmala Sitharaman's Budget 2024

By True Scoop

Titan stocks are likely to benefit as Sitharaman proposed reduction in basic Customs duties on gold, silver, & platinum in Budget 2024.

ITC is also on the list after the government left tobacco taxes unchanged.

Godrej Agrovet's stock is also on like as it is involved in the business of animal feed for cattle and shrimp.

With 1 crore youths set to get internship, companies like Teamlease Services, which is an HR consultant can benefit from it.

Borosil Renewables, which is involved in the manufacturing of solar glass are also on the list after the Budget 2024 announcement.

Adani Wilmar is likely to benefit as it manufactures soybean oil, palm oil, sunflower oil, rice bran oil, mustard oil, etc.

With infra push in focus in Budget 2024, stocks like IRB LTD, GMR LTD, and CONCOR can gain big.

Following Budget 2024,agri-related companies including Kaveri Seeds & Jain Irrigation Systems share prices hiked.

Mangalam Seeds JK Agri Genetics, Nath Bio-Genes, Dhanuka Agritech, and ShreeOswal Seeds also observed similar patterns.

The came after the announcement by Nirmala Sitharaman of ₹1. 52 lakh crore for agriculture and allied sectors.

Disclaimer- True Scoop News advises users to check with certified experts before taking any investment decisions.

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