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Июль
2024

Stock pick for next 5 years, for risk taker with patience: 7 stocks where budget may lead to real change in business

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For risk takers with patience and stock picks for next five years. To some it might appear to be contradictory. Normally risk is taken when one is looking for short term gains and the suggestion is to keep it for 5 years There is a reason for it. Majority of the stocks in the list are from a sector, which despite being in existence for 3 decades has not grown the way it was expected by all shareholders. In this budget a number of steps have been taken to revive this sector. Right from providing institutional finance to lowering of duty to raw material. If policy changes work well, the top and bottom line will grow manifold and stocks will do well and might be a multibagger. If not then capital invested in them might end up being an under performer. So, a combination of risk and patience to play out the turnaround of the sector.



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