Best PSU Stocks to Buy on Budget Day: As the union budget 2025 to be announced in a few hours. Market experts have picked some of the best PSU Stocks to buy for short-term profit. Best PSU stocks include NHPC, NTPC, NTPC Green Energy, BEL, Bharat Dynamics, Canara Bank, RVNL. IRCTC, IRFC, IRCON, REC, IREDA, IDBI Bank and Coal India are the recommended stocks by market experts to buy on budget day.
Stocks to Buy on Budget Day
Market analysts suggested a number of PSU stocks to keep an eye on budget day. NHPC, NTPC, NTPC Green Energy, BEL, Bharat Dynamics, Canara Bank, RVNL, IRCTC, IRFC, IRCON, REC, IREDA, IDBI Bank, and Coal India are the top PSU stocks that market analysts have recommended. Here’s the share price targets.
Best PSU Stocks to BUY on Budget 2025
Let’s take a look at stocks recommended by experts to buy before budget.
RVNL Share Price Target
Several Market experts have recommended buying RVNL Shares. RVNL Share Price Target would be Rs 495
Also Read: RVNL Share Price Target From Tomorrow to 2050
IREDA Share Price Target
According to market analyst K Kunal Parar, IREDA shares appear to be doing well on the chart after experiencing a massive correction. The government is investing heavily in the renewable energy sector, and IREDA is involved in many projects.
The fluctuations in the IREDA stock price is expected to subside post budget 2025. Choice broking expert has given a HOLD rating with target of Rs 280 – Rs 300.
NHPC Share Price Target
CLSA has given BUY rating on NHPC shares with a target price of Rs 120.
IRCON Share Price Target
Dhwani Shah Patel, founder, Finversify, has given a HOLD rating on IRCON with target price of Rs 290 – Rs 300. He added, IRCON International shares have a strong support at Rs 180 on weekly chart. If the shares crosses Rs 230-mark, the railway stock will continue the rally further.
REC Share Price Target
Sunny Agrawal of SBI Securities has given a “Buy” rating on REC Ltd shares for a target price of Rs 500. He also said that the PSU stock is looking good on the technical chart after the correction.
NTPC Green Energy Share Price Target
Market expert Rachit Khandelwal has picked NTPC Green Energy stock as one of his top picks and given a. According to the market expert, NTPC Green Energy shares can surpass its 52-week high Rs 155.35 post budget 2025. NTPC Green Energy shares will remain in focus with the government investing heavily in the renewable energy sector
NTPC Share Price Target
Brokerage firm CLSA has given an OUTPERFORM rating on CLSA with a target price of Rs 459 for NTPC shares.
BEL Share Price Target
Market expert Nooresh Merani has given a BUY rating on Bharat Electronics Limited (BEL) with a target price of Rs 300.
Apart from that, Brokerage firm Macquarie has also given an OUTPERFORM rating on BEL shares with a target price of Rs 350.
Bharat Dynamics Share Price Target
Rajesh Palviya of Axis Securities has given a Buy rating with a target price of Rs 1450 for Bharat Dynamics shares. With this target investors also advised to keep an eye stop loss at Rs 1160.
Canara Bank Share Price Target
Many Market experts have picked Canara Bank shares. This PSU bank stocks will be in focus and it could be a good buy in the short-term. With a Buy rating, Canara Bank share price target is Rs 117.27
IRCTC Share Price Target
Market expert Shivangi Sarda has given a Buy rating on IRCTC with a target of Rs 850. The railway stock has given a breakout signal, if it holds above Rs 800 then fresh buying is expected with a target of Rs 850.
IDBI Bank Share Price Target
K Kunal Parar of Choice Equity Broking has given a Buy rating on IDBI bank shares. He said that IDBI Bank shares have a strong support at Rs 70. If the shares crosses Rs 88 level then it has the potential to touch Rs 100 level.
Coal India Share Price Target
Market expert Shivani Sarda has given a Buy rating on Coal India Limited shares. She said, Coal India shares have a strong support at Rs 360 and it has experienced massive profit booking in the past few months. If the shares crosses Rs 390 – Rs 400 level then it can easily move towards Rs 420
IRFC Share Price Target
K Kunal Parar of Choice Broking set a target of Rs 156 – Rs 159. He also advised a strict stop loss at Rs 127.
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