{"id":12964,"date":"2023-01-26T11:12:36","date_gmt":"2023-01-26T05:42:36","guid":{"rendered":"https:\/\/univest.in\/blogs\/?p=12964"},"modified":"2023-01-26T11:12:36","modified_gmt":"2023-01-26T05:42:36","slug":"top-5-picks-for-budget-2023","status":"publish","type":"post","link":"https:\/\/univest.in\/blogs-2\/top-5-picks-for-budget-2023\/","title":{"rendered":"Top 5 picks for budget 2023"},"content":{"rendered":"<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_65 counter-hierarchy ez-toc-counter ez-toc-grey ez-toc-container-direction\">\n<div class=\"ez-toc-title-container\">\n<p class=\"ez-toc-title \" >Table of Contents<\/p>\n<span class=\"ez-toc-title-toggle\"><a href=\"#\" class=\"ez-toc-pull-right ez-toc-btn ez-toc-btn-xs ez-toc-btn-default ez-toc-toggle\" aria-label=\"Toggle Table of Content\"><span class=\"ez-toc-js-icon-con\"><span class=\"\"><span class=\"eztoc-hide\" style=\"display:none;\">Toggle<\/span><span class=\"ez-toc-icon-toggle-span\"><svg style=\"fill: #999;color:#999\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" class=\"list-377408\" width=\"20px\" height=\"20px\" viewBox=\"0 0 24 24\" fill=\"none\"><path d=\"M6 6H4v2h2V6zm14 0H8v2h12V6zM4 11h2v2H4v-2zm16 0H8v2h12v-2zM4 16h2v2H4v-2zm16 0H8v2h12v-2z\" fill=\"currentColor\"><\/path><\/svg><svg style=\"fill: #999;color:#999\" class=\"arrow-unsorted-368013\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"10px\" height=\"10px\" viewBox=\"0 0 24 24\" version=\"1.2\" baseProfile=\"tiny\"><path d=\"M18.2 9.3l-6.2-6.3-6.2 6.3c-.2.2-.3.4-.3.7s.1.5.3.7c.2.2.4.3.7.3h11c.3 0 .5-.1.7-.3.2-.2.3-.5.3-.7s-.1-.5-.3-.7zM5.8 14.7l6.2 6.3 6.2-6.3c.2-.2.3-.5.3-.7s-.1-.5-.3-.7c-.2-.2-.4-.3-.7-.3h-11c-.3 0-.5.1-.7.3-.2.2-.3.5-.3.7s.1.5.3.7z\"\/><\/svg><\/span><\/span><\/span><\/a><\/span><\/div>\n<nav><ul class='ez-toc-list ez-toc-list-level-1 ' ><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"https:\/\/univest.in\/blogs-2\/top-5-picks-for-budget-2023\/#1-_IRCON_International_Limited\" title=\"1- IRCON International Limited\">1- IRCON International Limited<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-2\" href=\"https:\/\/univest.in\/blogs-2\/top-5-picks-for-budget-2023\/#2-_HAL_Hindustan_Aeronautics\" title=\"2-\u00a0HAL (Hindustan Aeronautics)\">2-\u00a0HAL (Hindustan Aeronautics)<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-3\" href=\"https:\/\/univest.in\/blogs-2\/top-5-picks-for-budget-2023\/#3-_CONCOR_Container_Corporation_of_India\" title=\"3-\u00a0CONCOR (Container Corporation of India)\">3-\u00a0CONCOR (Container Corporation of India)<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-4\" href=\"https:\/\/univest.in\/blogs-2\/top-5-picks-for-budget-2023\/#4-_Tata_Power\" title=\"4-\u00a0Tata Power\">4-\u00a0Tata Power<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-5\" href=\"https:\/\/univest.in\/blogs-2\/top-5-picks-for-budget-2023\/#5-_KNR_Construction\" title=\"5-\u00a0KNR Construction\">5-\u00a0KNR Construction<\/a><\/li><\/ul><\/nav><\/div>\n<h3><span class=\"ez-toc-section\" id=\"1-_IRCON_International_Limited\"><\/span><span style=\"font-weight: 400;\">1- <\/span><b>IRCON International Limited<\/b><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<ul>\n<li><span data-preserver-spaces=\"true\">IRCON is an engineering and construction company that specializes in the building of major infrastructure including railways, highways, bridges, flyovers, tunnels, metros, and railway electrification.<\/span><\/li>\n<li><span data-preserver-spaces=\"true\">As the government continues to prioritize infrastructure development, IRCON International Limited may be a worthy stock to keep an eye on.<\/span><\/li>\n<li><span data-preserver-spaces=\"true\">Return on Equity is 12%<\/span><\/li>\n<li><span data-preserver-spaces=\"true\">It is currently trading at a CMP of 58.30 with a PE of 7.8<\/span><\/li>\n<\/ul>\n<h3><span class=\"ez-toc-section\" id=\"2-_HAL_Hindustan_Aeronautics\"><\/span><span data-preserver-spaces=\"true\">2-\u00a0<\/span><strong><span data-preserver-spaces=\"true\">HAL (Hindustan Aeronautics)<\/span><\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<ul>\n<li><span data-preserver-spaces=\"true\">Hindustan Aeronautics Ltd is an aerospace and defense PSU company, owned by the govt. of India. The company develops, designs, manufactures, and supplies aircraft, helicopters, avionics, and communications equipment for military and civil markets. It also provides repair, maintenance, and support services for aircraft.<\/span><\/li>\n<li><span data-preserver-spaces=\"true\">Many wealth managers are bullish on defense stocks as a result of robust order books and the government&#8217;s push for localization.<\/span><\/li>\n<li><span data-preserver-spaces=\"true\">The return on Equity is 29%.<\/span><\/li>\n<li><span data-preserver-spaces=\"true\">Stock is trading at a CMP of 2,526.00 with a PE of 14.3<\/span><\/li>\n<\/ul>\n<h3><span class=\"ez-toc-section\" id=\"3-_CONCOR_Container_Corporation_of_India\"><\/span><span data-preserver-spaces=\"true\">3-\u00a0<\/span><strong><span data-preserver-spaces=\"true\">CONCOR (Container Corporation of India)<\/span><\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<ul>\n<li><span data-preserver-spaces=\"true\">Container Corporation of India is a leading player in the container terminal operator industry, holding a commanding 65% market share with an extensive network of 60 terminals.<\/span><\/li>\n<li><span data-preserver-spaces=\"true\">As the government has announced plans to divest a portion of its stake in the company, it is widely anticipated that the upcoming Union Budget will provide further details on the schedule for the stake sale.<\/span><\/li>\n<li><span data-preserver-spaces=\"true\">Return on Equity is 10%<\/span><\/li>\n<li><span data-preserver-spaces=\"true\">Currently the stock is trading at a CMP of 648.30 with a PE of 34.4<\/span><\/li>\n<\/ul>\n<h3><span class=\"ez-toc-section\" id=\"4-_Tata_Power\"><\/span><span data-preserver-spaces=\"true\">4-\u00a0<\/span><strong><span data-preserver-spaces=\"true\">Tata Power<\/span><\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<ul>\n<li><span data-preserver-spaces=\"true\">Tata Power is one of the leading integrated power companies in India. The company, with a strong presence across the value chain and backward integration, is well-positioned as the top private player in the power sector.<\/span><\/li>\n<li><span data-preserver-spaces=\"true\">Numerous countries around the world, including India, are embracing renewable energy sources like solar and wind to mitigate the effects of climate change, which will result in an increase in the output of renewable energy.<\/span><\/li>\n<li><span data-preserver-spaces=\"true\">Tata Power Renewable Energy (TPREL), a subsidiary of Tata Power, has reached the capacity of 6,048 MW with an installed capacity of 3,884 MW (Solar &#8211; 2,956 MW &amp; Wind &#8211; 928 MW) and 2,164 MW under various stages of implementation.<\/span><\/li>\n<li><span data-preserver-spaces=\"true\">Return on Equity is 3.15%<\/span><\/li>\n<li><span data-preserver-spaces=\"true\">Stock is currently trading at a CMP of 202.50 with a PE of 25.3<\/span><\/li>\n<\/ul>\n<h3><span class=\"ez-toc-section\" id=\"5-_KNR_Construction\"><\/span><span data-preserver-spaces=\"true\">5-\u00a0<\/span><strong><span data-preserver-spaces=\"true\">KNR Construction<\/span><\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<ul>\n<li><span data-preserver-spaces=\"true\">KNR Construction is a multi-domain infrastructure project development company providing engineering, procurement, and construction services across various fast-growing sectors namely roads &amp; highways, irrigation, and urban water infrastructure management.<\/span><\/li>\n<li><span data-preserver-spaces=\"true\">It is anticipated that the government will allocate additional funding to the roads ministry to accelerate the construction of more than 50 km of highways daily.<\/span><\/li>\n<li><span data-preserver-spaces=\"true\">Return on Equity is 17.1%<\/span><\/li>\n<li><span data-preserver-spaces=\"true\">It Is currently trading at a CMP of 254.00 with a PE of 18.<\/span><\/li>\n<\/ul>\n<p>&nbsp;<\/p>\n<p>&nbsp;<\/p>\n<p>&nbsp;<\/p>\n<p><b>ABOUT THE AUTHOR<\/b><\/p>\n<p><span style=\"font-weight: 400;\">Ketan Sonalkar (SEBI Rgn No INA000011255 )<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Ketan Sonalkar is a certified SEBI registered investment advisor and head of research at Univest. He is one of the finest financial trainers, with a track record of having trained more than 2000 people in offline and online models. He serves as a consultant advisor to leading fintech and financial data firms. He has over 15 years of working experience in the finance field. He runs Advisory Services for Direct Equities and Personal Finance Transformation.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Note \u2013 This channel is for educational and training purpose only &amp; any stock mentioned here should not be taken as a tip\/recommendation\/advice<\/span><\/p>\n<p>You may also like: <em><a href=\"https:\/\/univest.in\/blogs\/asian-paints-q3fy23-results-muted-sales-growth-lead-to-below-expectation-results\/\">Asian Paints Q3FY23 Results : Muted sales growth lead to below expectation results<\/a><\/em><\/p>\n<p>&nbsp;<\/p>\n","protected":false},"excerpt":{"rendered":"<p>1- IRCON International Limited IRCON is an engineering and construction company that specializes in the building of major infrastructure including railways, highways, bridges, flyovers, tunnels, metros, and railway electrification. As the government continues to prioritize infrastructure development, IRCON International Limited may be a worthy stock to keep an eye on. Return on Equity is 12%<\/p>\n","protected":false},"author":10,"featured_media":26913,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[24],"tags":[],"class_list":["post-12964","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-market"],"metadata":{"_edit_lock":["1674711617:10"],"_edit_last":["10"],"_nectar_gallery_slider":["off"],"_nectar_quote_author":[""],"_nectar_quote":[""],"_nectar_link":[""],"_nectar_video_m4v":[""],"_nectar_video_ogv":[""],"_nectar_video_poster":[""],"_nectar_video_embed":[""],"_nectar_audio_mp3":[""],"_nectar_audio_ogg":[""],"_post_item_masonry_sizing":["regular"],"_nectar_header_bg":[""],"_nectar_header_parallax":["off"],"_nectar_header_bg_height":[""],"_nectar_page_header_bg_alignment":["top"],"_nectar_header_bg_color":[""],"_nectar_header_font_color":[""],"_wpb_vc_js_status":["false"],"_yoast_wpseo_title":["%%title%% %%page%% %%sep%% %%sitename%% Top 5 picks for budget 2023"],"_yoast_wpseo_metadesc":["IRCON is an engineering and construction company that specializes in the building of major infrastructure inc..."],"_yoast_wpseo_content_score":["30"],"_yoast_wpseo_estimated-reading-time-minutes":[""],"_yoast_wpseo_wordproof_timestamp":[""],"_yoast_wpseo_primary_category":["24"],"nectar_blog_post_view_count":["524"],"rank_math_primary_category":["24"],"rank_math_title":["%title% %page% %sep% %sitename% Top 5 picks for budget 2023"],"rank_math_description":["IRCON is an engineering and construction company that specializes in the building of major infrastructure inc..."],"rank_math_news_sitemap_robots":["index"],"rank_math_robots":["a:1:{i:0;s:5:\"index\";}"],"rank_math_analytic_object_id":["147"],"rank_math_internal_links_processed":["1"],"post_views_count":["578"],"_thumbnail_id":["26913"]},"jetpack_sharing_enabled":true,"jetpack_featured_media_url":"https:\/\/univest-blog.storage.googleapis.com\/blogs\/wp-content\/uploads\/2024\/10\/18181930\/portfolio-3-2.jpg","_links":{"self":[{"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/posts\/12964","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/users\/10"}],"replies":[{"embeddable":true,"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/comments?post=12964"}],"version-history":[{"count":1,"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/posts\/12964\/revisions"}],"predecessor-version":[{"id":12965,"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/posts\/12964\/revisions\/12965"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/media\/26913"}],"wp:attachment":[{"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/media?parent=12964"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/categories?post=12964"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/tags?post=12964"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}