Borosil, SJVN, GMR Infra: LKP Securities Bets Big on These Stocks Ahead of Budget

Get ready for the big reveal! India’s annual Budget is just around the corner, and the stock market is buzzing with anticipation. LKP Securities, a leading financial advisory firm, has just released their list of top picks, and three companies stand out: Borosil, SJVN, and GMR Infrastructure.

Why are these stocks attracting attention? Let’s dive into the details:

Borosil: A Glass Act Ready to Shine

Borosil, a leading manufacturer of glass and tableware, is in a prime position to benefit from the upcoming Budget. The company is already riding high on strong demand for its products, and a favorable policy environment could further boost its growth prospects.

• Facts Speak Louder: Borosil’s revenue has grown consistently, clocking in at ₹1,728 crores in FY22, a significant 25% jump from the previous year. The company’s robust financial performance, coupled with the government’s focus on infrastructure development, makes it a compelling investment opportunity.

SJVN: A Powerhouse poised for Growth

SJVN, a major player in the renewable energy sector, is another stock that LKP Securities is bullish on. The company’s strong track record of developing hydro and solar power projects, coupled with the government’s ambitious renewable energy targets, makes it a promising investment opportunity.

• Numbers Don’t Lie: SJVN’s net profit has witnessed a remarkable growth trajectory, rising from ₹873 crores in FY21 to ₹1,449 crores in FY22, demonstrating its strong operational performance.

GMR Infrastructure: A Buoyant Infrastructure Player

GMR Infrastructure, a leading infrastructure company, is expected to benefit from the government’s focus on infrastructure development. The company’s strong portfolio of projects, coupled with a healthy balance sheet, positions it for growth in the coming years.

• Solid Foundation: GMR Infra’s revenue has been on an upward trend, reaching ₹10,652 crores in FY22, a testament to its sustained operational performance. The government’s infrastructure push is expected to provide a significant boost to the company’s future prospects.

The Budget: A Catalyst for Growth

The upcoming Budget is expected to provide further clarity on the government’s economic policies, including its plans for infrastructure development and renewable energy. These factors are likely to influence the performance of these three stocks in the coming months.

Investing Tip: While these stocks have the potential for significant growth, it’s essential to conduct thorough research and consult with your financial advisor before making any investment decisions.

Keywords: Borosil, SJVN, GMR Infrastructure, LKP Securities, Budget, Stock Market, Investment, Growth, Renewable Energy, Infrastructure, India.