Budget 2014: 10 Stocks to Bet on After July 10!
Titan: This Company along with jewelry stock is in for a good growth when import duties will be reduced from 10 percent to 6 percent. This will open for a good market demand on jewelry inside the country and for apparel products. Proposals towards increasing disposable goods and economic growth with benefit Titan, givens its wide exposure in consumer segments.
UltraTech cement: with the increase in real estate and with the need for affordable housing, there will be a demand for cement, which should help the company’s growth. The reduction and removal on excise duties for coal will help reduce cost.
However, any increase in excise duty for cement from 10 to 12 percent will be a negative impact on the company.
Thus, with the uncertainty of the areas that will be benefitted and where there might be reduction or increase will create an exciting run for stocks after the budget. Some companies though benefiting in one area or more may see a decline in certain areas. Even with all hat these companies will still be the best choice for investors after the budget.
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