Top 5 Stocks to Watch: As the upcoming union budget 2025 rallies continue, several stocks have shown strong pre-budget rallies. The union budget 2025 will have a great impact on the Indian share market. According to Domestic brokerage firm Motilal Oswal (MOFSL), India’s stock market will experience huge fluctuations. However, there are some stocks that could rise ahead of the Union Budget 2025 and deliver huge profit to investors. Here’s the list of the top 5 stocks to watch.
Share Market Today
After huge declines in Sensex, Banknifty and Nifty in the past few days, the stock market is bouncing back. Sensex has gained nearly 350 points and Nifty touched 23,270 and bank nifty crossed 48,890.
Top 5 Stocks to Watch
Here’s the list of Top 5 stocks across several sectors that could potentially deliver good short-term profit ahead of Budget 2025.
1) Rail Vikas Nigam Limited (NSE: RVNL)
RVNL is a multibagger stock that has delivered impressive returns over the years. With continuous new orders and a large order book, RVNL poised for significant growth in future. RVNL is going to publish its Q3 result soon so Investors should keep an eye on the multibagger Railway Stock.
2) JSW Infrastructures ( NSE: JSWINFRA)
JSW Infra is another share to keep under the radar post state election results. If you look at the performance of the company, you can clearly see that the company has delivered a good profit growth of 34.6% CAGR in the last 5 years.
FII holding increased to 4.15% from 2.34% in the last year and Mutual fund holding from 0.34% to 0.57%. With (Mutual Fund) MF and Foreign institutional investors holding increasing, JSW Infra Share is likely to move in an upward trajectory. There are huge growth opportunities for the company considering the growing demand of Infrastructure development in the country.
3) Bajaj Housing Finance (NSE: BAJAJHFL)
The shares of Bajaj Housing Finance listed on stock exchanges with over 114% premium delivering impressive returns to Investors. The company recently reported a 29% increase in Assets under management (AUM) and loan increased by 14% YoY. The company focused on increasing consumer loan and housing loan with cutting edge technologies makes them a key player in the sector.
Also Read: Bajaj Housing Finance Share Price Target From Tomorrow to 2050
4) Housing and Urban Development Corporation (NSE: HUDCO)
Despite the recent upside, the shares of HUDCO is still trading below its 100 days, 200 days moving average which indicates a negative trend in the long-term. However, Housing and Urban Development Corporation recently released its Q3 Results and announced Dividend for Shareholders. If you look at the PE ratio of HUDCO, it’s already higher than the sector PE which indicates that the share will grow in the future.
5) Indian Renewable Energy Development Agency (NSE: IREDA)
IREDA Isa another multibagger stock to keep watch in the coming days. The shares of IREDA have gained as much as 215% since its IPO debut. With the power demand increasing, IREDA is likely to finance many upcoming renewable energy projects. As a result, the revenue of the company as well as share price will rise.
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