Ahead of Budget 2025, financial experts are recommending several stocks that are expected to benefit from upcoming budget announcements. Key picks include IRFC, IRCTC, IRCON, IREDA, NTPC Green Energy, IDBI Bank, Coal India, and IndiGo. Stocks in the railway and power sectors, particularly, are garnering attention due to anticipated government initiatives and funding allocations.
IRCTC, the Indian Railway Catering and Tourism Corporation, has shown robust performance, with target prices set between ₹830-850. IRCON, an engineering and construction organization specializing in transport infrastructure, is projected to reach ₹290-300. Indian Railway Finance Corporation (IRFC) is also on the radar, with a target price of ₹200, due to its crucial role in funding railway projects.
In the renewable energy sector, IREDA, the Indian Renewable Energy Development Agency, stands out as a strong contender, reflecting the government’s push for sustainable energy solutions. NTPC Green Energy, a subsidiary of NTPC, is expected to perform well given its focus on clean energy projects.
IDBI Bank and Coal India are also highlighted for their stable growth prospects and potential to gain from budgetary support. IndiGo, a leading airline, is included due to its dominant market position and potential benefits from infrastructure development initiatives.