Budget 2014: Who Won And Who Lost!

Infrastructure companies—Larsen and Toubro, Brigade Developers, IRB infrastructure companies will benefit from the idea to build more roads and ports. This sector will be investor’s choice for high stocks.

Now companies that have had increase in tax for certain products will lose out on high returns. Companies that are producing cigarettes, tobacco and bedi products will be hit hard due to the increase in excise duty on these products. These products can lose customers as companies will increase the price. This will hit ITC and VST industrial. 

The gold market will remain neutral as the import duty remains the same at 10 percent. This will hit diamond and jewelry companies like Tanisq, and Gitanjali Gems, as they had expected a cut in the excise duty.

The Pharmaceutical companies have had a little benefit from the budget but are pushing for better marketing strategies. They are looking for updating into certain Acts and reforms to meet the current trends in medicine and cosmetics.

The budget has covered all sectors that will mutually benefit each other. The budget was welcomed not just by analyst and economists in India but countries around the world have seen it as an opportunity to increase their markets and economies through the market potential here in India.

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