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Top 10 stocks, from Jain Irrigation share price to Rallis India share price, that may benefit from Budget 2016

Thu March 03 2016, 7:11 am
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    Benchmark indices snapped two-week rally on account of profit booking and weak global cues. (Reuters)

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    Top 10 stocks: Market experts believe agriculture-related stocks will benefit in coming days as government has taken steps for boosting agriculture, rural economy and manufacturing in India. Ambareesh Baliga, independent market expert, feels Jain Irrigation, Rallis India and Mahindra & Mahindra Financial Services will benefit post Union Budget 2016. In the past one year, Jain Irrigation, Mahindra & Mahindra Financial Services and Rallis India share prices dipped 24 per cent, 17 per cent and 43 per cent, respectively. Rallis India is a manufacturer of agricultural products including pesticides, seeds and fertilisers. (Image Source: Reuters)

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    Top 10 stocks: Sudip Bandyopadhyay, managing director and CEO, Destimoney Securities, “Jain Irrigation and Opto Circuits are looking lucrative post Budget. Opto Circuit will benefit on duty relief given for dialysis equipment.” Opto Circuits develops and manufactures technologically-advanced medical equipment and devices for modern healthcare. (Image Source: Reuters)

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    Top 10 stocks: G Chokkalingam, founder, Equinomics Research & Advisory said, “Efficient fertiliser companies would be major beneficiaries of steep rise in expenditure on irrigation. One can consider Coromandel International and GSFC. Rural Expenditure and focus on low-cost housing will also help cement companies such as HIL (Hyderabad Industries).” (Image Source: Reuters)

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    Top 10 stocks: According to Ambit Capital, HUL, Shriram Transport Finance and Cholamandalam Finance could benefit from increase in rural household spending as announced in Union Budget 2016. (Image Source: Reuters)

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