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Table of Contents

Introduction

Talking about the shares and stocks’ price recommendations before the budget 2023, it is very important to know that the various Asset Management Companies and applications provide some analysis and anticipations related to the market price rise and fall expectations.

The recommendations are for your reference purpose and are carried out to the best of the probable situations. Your investment must be done according to your needs and expectations. The budget is here very soon and so the prices can have a positive or negative impacts accordingly.

We are going to see the recommendations of LKP securities and “Groww” financial services. So let us begin the crucial analysis.

Top 10 recommended stocks prior to the budget

1. Power Finance Corporation

The Power Finance Corporation shares are also very much recommended by the LKP Securities. The current share market price of Power Finance Corporation is 152 Rupees and it is expected to rise by 10% in view of the upcoming budget. The expected rate of shares is 167 Rupees. So accordingly you can plan to invest in the shares of Power Finance Corporation.

2. Tata Power

Tata Power stands second on the list of shares to purchase before the Union budget of 2023 comes in. The LKP securities has a buy call for the shares of Tata Power. The current Market rate of these shares is 207 Rupees and is expected to go as high as 270 Rupees. So this is approximately a 30% rise expected in the rates.

Such huge rise is very good for investment purpose. The shares can have a very high rate of profit according to the LKP securities. You can think about this stock to have a good profit.

3. ITC

The shares of ITC are also recommended by the LKP securities. Talking about the history of the ITC shares,the shares were found to be in a good and an excellent trend in the recent years. The shares were having a good value all these days.

The current market price of the ITC shares is 335 Rupees and it is expected to rise by 15% from here. So the price of the shares is expected to be around 385 Rupees. This is also yet another excellent chance to invest in and receive an excellent amount of profit from it. You can always take a risk and invest in the shares of ITC.

4. NTPC

NTPC is also yet another recommendation by the LKP securities. According to the recommendation the rate of the share prices is expected to rise by a huge margin of 18%. The current share market price of NTPC is 169 Rupees which is expected to rise till 200 Rupees. You can always carry an analysis according to your need and expectation and earn a good amount of profit from the investment.

5. Chambal Fertilizers and Chemicals

The Chambal Fertilizers and Chemicals rate is also expected to go up. The current market price of Chambal Fertilizers and Chemicals’ shares is 306. The price is expected to go around 360 Rupees. This is nearly an 18% rise.

6. Reliance Industries

Reliance industries are also among the top shares to be purchased prior to the budget 2023. The share rates are most probably to come in a positive momentum. You can plan for your excellent investment according to your budget.

7. Tata consultancy services

Tata consultancy services are also on the list of stocks to purchase before the budget. The share rates are in a very good position too. The investment can be done according to your own judgement and recommendations.

8. HDFC Bank

HDFC Bank’s shares are also showing a trend nowadays and so they are also on the list of shares to be bought before the budget 2023. This recommendation is done by “Groww” financial services. The profits will surely be a main point after you get your investment done.

9. Infosys

Talking about the Infosys’ stocks, the company is on a good reputation of having excellent share prices so their shares are also recommended by “Groww”. Here is yet another chance to get a good profit and value for your investment portfolio.

10. Hindustan Unilever

“Groww” even recommends the purchase of Hindustan Unilever stocks. According to the studies these shares are also expected to gain a positive trend very soon. You can always invest an amount within your budget.

Recommended stocks prior to the budget 2023

Let us have a quick tabular view of the analysis done.

NAME OF THE STOCK.	CMP	EXPECTED PRICE	% RISE IN PRICES
Power Finance Corporation	152	167	10
Tata Power	207	270	30
ITC	335	385	15
NTPC	169	200	18
Chambal Fertilizers and Chemicals	306	360	18

Conclusion

In our analysis today we have seen the important recommendations related to stocks and share investment prior to the budget 2023. The analysis has studied some important companies and shares that are expected to rise in the mere future days. The rate of price expectations was also studied by us.

The shares like Tapa Power, NTPC, ITC, Reliance Industries, HDFC Bank are expected to come in a an earning trend around the budget 2023. We even saw a tabular analysis of the current share price and the future expectations. You can follow the recommendations according to your knowledge.

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(Disclaimer: This is provided only for information purpose. Top10listweb.com does not recommend any stock to buy/sell/hold and is not registered with SEBI. Do your own research and/or consult your financial advisor before investing.)

FAQs

Should we purchase Tata Steel stocks before the upcoming budget?

As per the recommendation by LKP, the Tata Power stocks are to have a buy call. The stock rates are expected to soar as high as 30%.

Which AMC recommends the purchase of ITC stocks before the budget 2023?

The LKP group found out in an analysis about the purchase of ITC stocks before the budget 2023.

What is the current Market Price of Tata Power’s stocks?

The current Market Price of Tata Power’s stocks is 207 Rupees and it is expected to rise by 30% according to LKP recommendations.

How many users trust ‘Groww” for their financial services?

Nearly 20 million plus users trust “Groww” for their financial service recommendations.

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