Multibagger Stock: This stock has done things in ten months, made Rs 66 lakh for one lakh

Experts are telling that if you buy these 5 stocks, you will become rich, know why the market is liking it

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New Delhi. About a fortnight has passed since the budget for the year 2022 was presented. Finance Minister Nirmala Sitharaman has once again tried to emphasize stability instead of making populist announcements. His move was also taken by the stock market and on the day of the budget, there was a decent boom.

Jyoti Rai, Equity Strategist, Angel One Limited, said that the market has been fluctuating a lot in the last few days after the budget. To avoid this, it is necessary to further diversify your portfolio. One of the steps to change your folio would be to keep the longer horizon of the investment and include some important stocks. Investors can bet on 5 such major stocks.

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Ashok Leyland (NSE: ASHOKLEY)

Ashok Leyland Limited (ALL) is one of the leading companies in the Indian CV (Commercial Vehicle) industry. Despite the challenges, the CV segment has held up well and is expected to grow on the back of business reforms along with spending on infrastructure. There is a possibility that Ashok Leyland Limited can take great advantage of the infra sector and scrappage policy, which will also give rise to the shares.

Kalpataru Power (NSE: KALPATPOWR)

The company is engaged in the power, infrastructure and asset creation sectors in the domestic and international markets. In the financial year 2022, the Civil / Infra EPC Company (JMC) of Kalpataru has strengthened. The possibilities of the Indian Railways sector are also increasing, which will benefit from it. With the lifting of restrictions for World Bank projects, the stock can also pick up.

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JK Lakshmi Cement (NSE: JKLAKSHMI)

The stock of JK Lakshmi Cement will also be worth watching, which has a strong hold in the markets of North and West India. Both its volume and value will be investment friendly, going after sectoral issues and increasing demand by strong incentives on infra/construction. The stock is expected to get about 18% return on interest in FY 2023.

Shobha Limited (NSE: SOBHA)

Bangalore-based Shobha Limited is a real estate developer from India. 70% of the residential pre-sales for Shobha come from the market in Bengaluru which is the main IT hub in India. It is expected that the new recruitment by the IT industry will increase the residential demand in the South India market and its shares will also take flight. The company’s projects are spread over 12.56 million square feet.

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Oberoi Realty (NSE: OBEROIRLTY)

The market is bullish on the stock of another real estate company. The company has delivered strong results in the third quarter of FY 2022 and has a strong launch pipeline going forward. The 10 largest companies in the realty sector have 11.2% share of the total market. We believe that in 2022 the shares of this company can give strong profits to the investors.

Tags: investment tips, Share market

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