1 / 12Mahanagar Gas: Sharekhan expects Budget 2020 to include oil & gas reforms like a roadmap for the privatization of BPCL and direction on the potential inclusion of gas under GST. (Company Image)
2 / 12Power Grid Corporation: The brokerage in its report said that it is expecting a package of Rs 2.86 lakh crore for the sector. If that happens then it's a big positive for the power generators and distributors. (Representational Image)
3 / 12State Bank of India is the only public-sector bank from the list of preferred picks. Financial inclusion- further functionalities under or leveraging Jan-Dhan accounts will help retail/SME credit penetration and delivery, said the brokerage. (Company Image)
4 / 12ICICI Bank: Speeding up the resolution process, strengthening the Insolvency & Bankruptcy Code especially to fast track resolutions is a big positive for the banks and the NBFCs. (Image: Reuters)
5 / 12ICICI Prudential Life Insurance: The budget expectation fos this space is to provide a level playing field for pension plans of life insurance companies vis-a-vis NPS. (Image: Shutterstock)
6 / 12UltraTech Cement: The large-cap company is said to be benefitted from the government's higher investment in infrastructure projects and affordable housing projects. (Company Image)
7 / 12PNC Infratech is engaged in constructing highways through BOT and HAM models. Various schemes and government projects such as Bharatmala will bring bigger opportunities for road developers. (Representational Image)
8 / 12Sudarshan Chemicals: The stock is expected to benefit if the government passes a reform on the farm waiver loan. This will directly benefit the stock as it also manufactures agrochemicals along with other industrial chemicals. (Image: Reuters)
9 / 12SRF is engaged in manufacturing chemicals and polymers, technical textile and packaging films. This budget, the government is expected to decontrol urea prices, reduce GST rates and rationalize inverted duty structure, the brokerage said. (Company Image)
10 / 12Mahindra & Mahindra: The brokerage expects the government to provide a rebate on ex-showroom prices of vehicles and enhance agri-credit and launch schemes to raise farmer productivity. (Company Image)
11 / 12Bata India's share price could rise post-Budget if the Commerce Ministry proposes to increase the custom duty on footwear and related products to 35 percent, according to the brokerage. It is the only consumer discretionary stock in the brokerage's preferred list. (Company Image)
12 / 12JSW Steel can also benefit from the Budget this year if the government removes coal cess and reduce import duty on coking coal to nil, said the brokerage. This move will be highly beneficial for steel manufacturers especially JSW Steel. (Image: Reuters)
