Click it and Unblock the Notifications
Top Stocks To Buy: Infrastructure push, boosting defence production, focus on themes like social welfare, food security, manufacturing, and tourism, were among the key highlights of the Union Budget 2026-27 presented on Sunday, 1 February. Budget announcements are likely to benefit stocks like Adani Ports & Special Economic Zone, Bharti Airtel, Hindustan Aeronautics Limited, Larsen & Toubro, etc.
As per a PL Capital report, certain stocks in the banking, NBFC, automobiles, select staples, jewellery, select durables, hospitals, defence, ports, and telecom sectors can benefit from the announcements and may perform well in the long-term.
"Budget 2026-27 carried forward the foundations and work being done in past few years by focus on creating Infrastructure to push trade and manufacturing, defence production for security needs, rural and urban Infra and, social welfare ( schemes like G Ram G (MNREGA), Food security, agricultural subsidies and PM Kisan etc)," said PL Capital in its report.
Stocks To Buy Post Budget 2026 | Check Target Price
In the large-cap segment, Adani Ports & Special Economic Zone (APSEZL) has a 39% upside potential in the long-run. Additionally, Bharti Airtel, Britannia Industries, Hindustan Aeronautics, L&T, Mahindra & Mahindra, can also perform well in the long-run.
Large Cap
| Company | CMP (Rs.) | TP (Rs.) | Upside |
|---|---|---|---|
| Adani Ports & SEZ | 1,345 | 1,876 | 39.5% |
| Bharti Airtel | 1,949 | 2,259 | 15.9% |
| Britannia Industries | 5,758 | 6,761 | 17.4% |
| Hindustan Aeronautics | 4,377 | 5,507 | 25.8% |
| ICICI Prudential Asset Management Company | 2,927 | 3,300 | 12.7% |
| Larsen & Toubro | 3,814 | 4,806 | 26.0% |
| Mahindra & Mahindra | 3,364 | 4,100 | 21.9% |
| Ultratech Cement | 12,284 | 14,168 | 15.3% |
In the mid and small cap segment, stocks like Amber Enterprises India, LG Electronics India, Max Healthcare, etc may also see upside potential.
Mid / Small Caps
| Company | CMP (Rs.) | TP (Rs.) | Upside |
|---|---|---|---|
| Amber Enterprises India | 5,993 | 8,263 | 37.9% |
| Aster DM Healthcare | 570 | 775 | 35.9% |
| LG Electronics India | 1,403 | 1,920 | 36.8% |
| Max Healthcare Institute | 977 | 1,350 | 38.2% |
| Supreme Industries | 3,487 | 4,566 | 30.9% |
Budget 2026-27
Finance Minister Nirmala Sitharaman, on Sunday, 1 February, presented the Union Budget 2026-27. In its essence, the budget focused on increasing capital expenditure, ensured higher allocation for defence, infrastructure and manufacturing.
Budget estimates place total expenditure at Rs 53.5 lakh crore and non-debt receipts at Rs 36.5 lakh crore, with net tax revenues of Rs 28.7 lakh crore. Capital expenditure in the 2025-26 revised figures stands near Rs 11 lakh crore. Gross market borrowings are expected at Rs 17.2 lakh crore, with dated securities contributing net borrowings of Rs 11.7 lakh crore.
Software development, IT enabled services, knowledge process outsourcing, and contract R&D for software will be treated as one category called Information Technology Services. A unified safe harbour margin of 15.5 percent of costs will apply. The safe harbour turnover ceiling rises sharply from Rs 300 crore to Rs 2,000 crore, widening eligibility.
Disclaimer: The views and recommendations expressed are solely those of the individual analysts or entities and do not reflect the views of Goodreturns.in or Greynium Information Technologies Private Limited (together referred as "we"). We do not guarantee, endorse or take responsibility for the accuracy, completeness or reliability of any content, nor do we provide any investment advice or solicit the purchase or sale of securities. All information is provided for informational and educational purposes only and should be independently verified from licensed financial advisors before making any investment decisions.
More From GoodReturns
Russia to Halt Gasoline Exports from April 1 for Four Months to Stabilise Domestic Fuel Prices
Gold Rate in India Rises Over Rs 37,000/24K in Three Days; Will Jump in Gold Price Today Continue on 31 March?
Gold Rate Today Continues Rally, 24K Jumps Over Rs 35000 in 2 Days; 22K & 18K Gold, Silver Prices in Delhi
LPG Gas Cylinder Prices Hiked Again From April 1; 19 KG LPG Gets Costlier By Rs 218; 14.2 KG LPG Unchanged
New PAN Card Rules From April 1, 2026: How To Apply For New PAN Card Via Protean, E-Filing Portal?
5 New Shares On One Soon: Anil Agarwal's Vedanta Demerger To Take Place in April, Says Report
Fresh Drop in Gold Rate Today; Silver Stable: Latest 22K, 24K, 18K Gold & Silver Prices in Delhi on 30 March
Govt Approves PDS Kerosene Distribution in 21 States for 60 Days, Sets 5,000 L Storage Limit Amid LPG Crisis
Gold Rate in India After 20% Slide from Record Highs; Will Gold Price Today Jump to Rs 1.50 Lakh on 30 March?
Bank Holiday Today, Tomorrow & More: Banks Are Closed On March 31, April 1, April 2, April 3; Here's Why
Bank Holiday In April 2026: Banks To Be Closed For 14 Days; Good Friday, Baisakhi To Akshaya Tritiya
Sign in with Google