{"id":325032,"date":"2026-10-23T09:17:24","date_gmt":"2026-10-23T03:47:24","guid":{"rendered":"https:\/\/univest.in\/blogs-2\/?p=325032"},"modified":"2026-10-23T09:17:24","modified_gmt":"2026-10-23T03:47:24","slug":"largecap-budget-2027-stocks-to-watch-multibagger-potential","status":"publish","type":"post","link":"https:\/\/univest.in\/blogs-2\/largecap-budget-2027-stocks-to-watch-multibagger-potential\/","title":{"rendered":"4 Largecap Budget 2027 Stocks to Watch for Future Multibagger Potential: L&#038;T, Adani Ports, HAL and UltraTech Cement"},"content":{"rendered":"<p style=\"border-left:4px solid #1F4E79;background:#EBF3FB;padding:10px 16px;font-style:italic;\"><em>L&amp;T Rs 3,638.30. Adani Ports Rs 1,750. HAL Rs 4,875. UltraTech Cement Rs 10,958. Market caps from Rs 3.17 lakh crore to Rs 5.00 lakh crore. Data as of 22 Oct 2026.<\/em><\/p>\n<div style=\"background:#F0F9FF;border-left:4px solid #2E7D32;border-radius:6px;padding:14px 18px;margin:18px 0;\">\n<p style=\"margin:0;color:#1F4E79;font-size:14px;\"><strong>Quick Answer<\/strong><\/p>\n<p style=\"margin:8px 0 0;\">L&amp;T, Adani Ports, HAL and UltraTech Cement are the 4 picks in this Budget 2027 stocks watchlist, with market caps between Rs 3.17 lakh crore and Rs 5.00 lakh crore. L&amp;T stands out for the lowest PE of the group at 25.49, while Adani Ports offers the fastest profit growth, 26.74% a year since FY22. PE ratios run from 25.49 to 36.95, so compare each one with its industry PE before investing. All figures are as of 22 October 2026.<\/p>\n<\/p><\/div>\n<p>Budget 2027 stocks to watch for multibagger potential start with a simple filter: size, a clean financial record and earnings that keep growing. L&amp;T, Adani Ports, HAL and UltraTech Cement meet that test, with market caps from Rs 3.17 lakh crore to Rs 5.00 lakh crore and L&amp;T offering the lowest PE of the group at 25.49. Each of these companies has direct links to government capital spending on infrastructure, ports, defence and construction, and net profit rose in FY26 and in the latest quarter.<\/p>\n<p>This list covers companies with direct links to government capital spending on infrastructure, ports, defence and construction, rising profit in FY26 and the latest quarter, market capitalisation above Rs 1,00,000 crore, and complete, verifiable financials, ranked by market capitalisation. Each company has a market cap above Rs 1 lakh crore. Investors screening Budget 2027 stocks usually begin with size and balance sheet strength, and this list follows the same logic. All figures are as of 22 October 2026 and are drawn from NSE and BSE data and company filings.<\/p>\n<p style=\"margin-top:24px;\"><a href=\"https:\/\/univest.in\/user\/log-in?utm_source=blogs&#038;utm_medium=budget-stocks\"><strong>Click Here &#8211; Get Free Investment Predictions<\/strong><\/a><\/p>\n<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-2'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"https:\/\/univest.in\/blogs-2\/largecap-budget-2027-stocks-to-watch-multibagger-potential\/#What_Are_Budget_2027_Stocks_and_Why_Do_They_Attract_Multibagger_Interest\" title=\"What Are Budget 2027 Stocks and Why Do They Attract Multibagger Interest?\">What Are Budget 2027 Stocks and Why Do They Attract Multibagger Interest?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-2\" href=\"https:\/\/univest.in\/blogs-2\/largecap-budget-2027-stocks-to-watch-multibagger-potential\/#Budget_2027_Stocks_at_a_Glance_Price_Market_Cap_PE_and_ROE\" title=\"Budget 2027 Stocks at a Glance: Price, Market Cap, PE and ROE\">Budget 2027 Stocks at a Glance: Price, Market Cap, PE and ROE<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-3\" href=\"https:\/\/univest.in\/blogs-2\/largecap-budget-2027-stocks-to-watch-multibagger-potential\/#L_T_Five-Year_Gain_of_10468\" title=\"L&amp;T: Five-Year Gain of 104.68%\">L&amp;T: Five-Year Gain of 104.68%<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-4\" href=\"https:\/\/univest.in\/blogs-2\/largecap-budget-2027-stocks-to-watch-multibagger-potential\/#Adani_Ports_2674_Profit_CAGR_Since_FY22\" title=\"Adani Ports: 26.74% Profit CAGR Since FY22\">Adani Ports: 26.74% Profit CAGR Since FY22<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-5\" href=\"https:\/\/univest.in\/blogs-2\/largecap-budget-2027-stocks-to-watch-multibagger-potential\/#HAL_Return_on_Equity_of_2221\" title=\"HAL: Return on Equity of 22.21%\">HAL: Return on Equity of 22.21%<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-6\" href=\"https:\/\/univest.in\/blogs-2\/largecap-budget-2027-stocks-to-watch-multibagger-potential\/#UltraTech_Cement_Profit_Compounding_at_336_a_Year\" title=\"UltraTech Cement: Profit Compounding at 3.36% a Year\">UltraTech Cement: Profit Compounding at 3.36% a Year<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-7\" href=\"https:\/\/univest.in\/blogs-2\/largecap-budget-2027-stocks-to-watch-multibagger-potential\/#Budget_2027_Stocks_Financial_Comparison_on_Growth_and_Margins\" title=\"Budget 2027 Stocks: Financial Comparison on Growth and Margins\">Budget 2027 Stocks: Financial Comparison on Growth and Margins<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-8\" href=\"https:\/\/univest.in\/blogs-2\/largecap-budget-2027-stocks-to-watch-multibagger-potential\/#Institutional_Holding_in_L_T_Adani_Ports_HAL_and_UltraTech_Cement\" title=\"Institutional Holding in L&amp;T, Adani Ports, HAL and UltraTech Cement\">Institutional Holding in L&amp;T, Adani Ports, HAL and UltraTech Cement<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-9\" href=\"https:\/\/univest.in\/blogs-2\/largecap-budget-2027-stocks-to-watch-multibagger-potential\/#Risks_to_Weigh_in_Budget_2027_Stocks\" title=\"Risks to Weigh in Budget 2027 Stocks\">Risks to Weigh in Budget 2027 Stocks<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-10\" href=\"https:\/\/univest.in\/blogs-2\/largecap-budget-2027-stocks-to-watch-multibagger-potential\/#How_to_Choose_Between_Budget_2027_Stocks\" title=\"How to Choose Between Budget 2027 Stocks\">How to Choose Between Budget 2027 Stocks<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-11\" href=\"https:\/\/univest.in\/blogs-2\/largecap-budget-2027-stocks-to-watch-multibagger-potential\/#Conclusion\" title=\"Conclusion\">Conclusion<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-12\" href=\"https:\/\/univest.in\/blogs-2\/largecap-budget-2027-stocks-to-watch-multibagger-potential\/#Frequently_Asked_Questions_on_Budget_2027_Stocks_to_Watch\" title=\"Frequently Asked Questions on Budget 2027 Stocks to Watch\">Frequently Asked Questions on Budget 2027 Stocks to Watch<\/a><ul class='ez-toc-list-level-3' ><li class='ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-13\" href=\"https:\/\/univest.in\/blogs-2\/largecap-budget-2027-stocks-to-watch-multibagger-potential\/#Which_are_the_best_Budget_2027_stocks_to_watch_for_multibagger_potential\" title=\"Which are the best Budget 2027 stocks to watch for multibagger potential?\">Which are the best Budget 2027 stocks to watch for multibagger potential?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-14\" href=\"https:\/\/univest.in\/blogs-2\/largecap-budget-2027-stocks-to-watch-multibagger-potential\/#Is_HAL_a_good_stock_for_long-term_investors\" title=\"Is HAL a good stock for long-term investors?\">Is HAL a good stock for long-term investors?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-15\" href=\"https:\/\/univest.in\/blogs-2\/largecap-budget-2027-stocks-to-watch-multibagger-potential\/#Can_Adani_Ports_become_a_multibagger_from_here\" title=\"Can Adani Ports become a multibagger from here?\">Can Adani Ports become a multibagger from here?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-16\" href=\"https:\/\/univest.in\/blogs-2\/largecap-budget-2027-stocks-to-watch-multibagger-potential\/#What_is_the_market_cap_of_L_T_Adani_Ports_HAL_and_UltraTech_Cement\" title=\"What is the market cap of L&amp;T, Adani Ports, HAL and UltraTech Cement?\">What is the market cap of L&amp;T, Adani Ports, HAL and UltraTech Cement?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-17\" href=\"https:\/\/univest.in\/blogs-2\/largecap-budget-2027-stocks-to-watch-multibagger-potential\/#What_are_the_risks_of_investing_in_Budget_2027_stocks\" title=\"What are the risks of investing in Budget 2027 stocks?\">What are the risks of investing in Budget 2027 stocks?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-18\" href=\"https:\/\/univest.in\/blogs-2\/largecap-budget-2027-stocks-to-watch-multibagger-potential\/#Why_is_UltraTech_Cement_trading_at_a_PE_of_3695\" title=\"Why is UltraTech Cement trading at a PE of 36.95?\">Why is UltraTech Cement trading at a PE of 36.95?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-19\" href=\"https:\/\/univest.in\/blogs-2\/largecap-budget-2027-stocks-to-watch-multibagger-potential\/#How_much_do_institutions_hold_in_L_T_Adani_Ports_HAL_and_UltraTech_Cement\" title=\"How much do institutions hold in L&amp;T, Adani Ports, HAL and UltraTech Cement?\">How much do institutions hold in L&amp;T, Adani Ports, HAL and UltraTech Cement?<\/a><\/li><\/ul><\/li><\/ul><\/nav><\/div>\n<h2><span class=\"ez-toc-section\" id=\"What_Are_Budget_2027_Stocks_and_Why_Do_They_Attract_Multibagger_Interest\"><\/span><strong>What Are Budget 2027 Stocks and Why Do They Attract Multibagger Interest?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>Budget 2027 stocks are shares of large companies that gain when the government spends on infrastructure, defence and construction. The four here cover engineering and construction, ports, defence aerospace and cement.<\/p>\n<p>Budget capital spending decides order inflows for these businesses. For Budget 2027 stocks, rising profit adds to the case. With Budget 2027 stocks, comparing valuation, growth and balance sheet strength together works better than relying on one number. Every company in the table below passed a rising-profit check, and the figures for Budget 2027 stocks are complete. Read each company&#8217;s latest results and exchange filings before acting on Budget 2027 stocks.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"Budget_2027_Stocks_at_a_Glance_Price_Market_Cap_PE_and_ROE\"><\/span><strong>Budget 2027 Stocks at a Glance: Price, Market Cap, PE and ROE<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>Prices are closing prices as of 22 October 2026. L&amp;T has the lowest PE of the group at 25.49, while HAL posts the highest return on equity at 22.21%.<\/p>\n<table style=\"border-collapse:collapse;width:100%;margin:16px 0;\">\n<thead>\n<tr>\n<th style=\"border:1px solid #BBBBBB;background:#1F4E79;color:#FFFFFF;padding:8px;text-align:left;\">Stock<\/th>\n<th style=\"border:1px solid #BBBBBB;background:#1F4E79;color:#FFFFFF;padding:8px;text-align:left;\">CMP (Rs)<\/th>\n<th style=\"border:1px solid #BBBBBB;background:#1F4E79;color:#FFFFFF;padding:8px;text-align:left;\">Market Cap (Rs Cr)<\/th>\n<th style=\"border:1px solid #BBBBBB;background:#1F4E79;color:#FFFFFF;padding:8px;text-align:left;\">PE<\/th>\n<th style=\"border:1px solid #BBBBBB;background:#1F4E79;color:#FFFFFF;padding:8px;text-align:left;\">Industry PE<\/th>\n<th style=\"border:1px solid #BBBBBB;background:#1F4E79;color:#FFFFFF;padding:8px;text-align:left;\">ROE<\/th>\n<th style=\"border:1px solid #BBBBBB;background:#1F4E79;color:#FFFFFF;padding:8px;text-align:left;\">Debt to Equity<\/th>\n<th style=\"border:1px solid #BBBBBB;background:#1F4E79;color:#FFFFFF;padding:8px;text-align:left;\">52-Week Range (Rs)<\/th>\n<\/tr>\n<\/thead>\n<tbody>\n<tr>\n<td style=\"border:1px solid #BBBBBB;padding:8px;\"><a href=\"https:\/\/univest.in\/stocks\/lt\/larsen-and-toubro-ltd-share-price-today\">Larsen &amp; Toubro<\/a><\/td>\n<td style=\"border:1px solid #BBBBBB;padding:8px;\">3,638.30<\/td>\n<td style=\"border:1px solid #BBBBBB;padding:8px;\">5,00,275<\/td>\n<td style=\"border:1px solid #BBBBBB;padding:8px;\">25.49<\/td>\n<td style=\"border:1px solid #BBBBBB;padding:8px;\">22.89<\/td>\n<td style=\"border:1px solid #BBBBBB;padding:8px;\">14.72%<\/td>\n<td style=\"border:1px solid #BBBBBB;padding:8px;\">1.15<\/td>\n<td style=\"border:1px solid #BBBBBB;padding:8px;\">3,288.10 to 4,440.00<\/td>\n<\/tr>\n<tr>\n<td style=\"border:1px solid #BBBBBB;padding:8px;\"><a href=\"https:\/\/univest.in\/stocks\/adaniports\/adani-ports-and-special-economic-zone-ltd-share-price-today\">Adani Ports and Special Economic Zone<\/a><\/td>\n<td style=\"border:1px solid #BBBBBB;padding:8px;\">1,750<\/td>\n<td style=\"border:1px solid #BBBBBB;padding:8px;\">4,02,686<\/td>\n<td style=\"border:1px solid #BBBBBB;padding:8px;\">30.69<\/td>\n<td style=\"border:1px solid #BBBBBB;padding:8px;\">31.83<\/td>\n<td style=\"border:1px solid #BBBBBB;padding:8px;\">13.32%<\/td>\n<td style=\"border:1px solid #BBBBBB;padding:8px;\">0.66<\/td>\n<td style=\"border:1px solid #BBBBBB;padding:8px;\">1,292.00 to 1,891.10<\/td>\n<\/tr>\n<tr>\n<td style=\"border:1px solid #BBBBBB;padding:8px;\"><a href=\"https:\/\/univest.in\/stocks\/hal\/hindustan-aeronautics-ltd-share-price-today\">Hindustan Aeronautics<\/a><\/td>\n<td style=\"border:1px solid #BBBBBB;padding:8px;\">4,875<\/td>\n<td style=\"border:1px solid #BBBBBB;padding:8px;\">3,33,050<\/td>\n<td style=\"border:1px solid #BBBBBB;padding:8px;\">35.73<\/td>\n<td style=\"border:1px solid #BBBBBB;padding:8px;\">48.59<\/td>\n<td style=\"border:1px solid #BBBBBB;padding:8px;\">22.21%<\/td>\n<td style=\"border:1px solid #BBBBBB;padding:8px;\">0.00<\/td>\n<td style=\"border:1px solid #BBBBBB;padding:8px;\">3,479.10 to 5,149.90<\/td>\n<\/tr>\n<tr>\n<td style=\"border:1px solid #BBBBBB;padding:8px;\"><a href=\"https:\/\/univest.in\/stocks\/ultracemco\/ultratech-cement-ltd-share-price-today\">UltraTech Cement<\/a><\/td>\n<td style=\"border:1px solid #BBBBBB;padding:8px;\">10,958<\/td>\n<td style=\"border:1px solid #BBBBBB;padding:8px;\">3,16,676<\/td>\n<td style=\"border:1px solid #BBBBBB;padding:8px;\">36.95<\/td>\n<td style=\"border:1px solid #BBBBBB;padding:8px;\">29.41<\/td>\n<td style=\"border:1px solid #BBBBBB;padding:8px;\">10.66%<\/td>\n<td style=\"border:1px solid #BBBBBB;padding:8px;\">0.31<\/td>\n<td style=\"border:1px solid #BBBBBB;padding:8px;\">10,325.00 to 13,110.00<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<h2><span class=\"ez-toc-section\" id=\"L_T_Five-Year_Gain_of_10468\"><\/span><strong>L&amp;T: Five-Year Gain of 104.68%<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>Larsen &amp; Toubro is the largest engineering and construction company in India, with additional businesses in IT services and infrastructure projects. It reported FY26 revenue of Rs 2,91,635.04 crore, up 12.23% year on year, and net profit of Rs 19,159.40 crore, up 8.32%. Net profit has compounded at 16.81% a year since FY22, while revenue has grown 16.41% a year. Operating margin was 14.13% in FY26.<\/p>\n<p>In the June 2026 quarter, revenue rose 8.12% to Rs 70,318.47 crore and net profit grew 15.20% to Rs 4,982.85 crore. The share price has gained 104.68% over five years. The stock trades at a PE of 25.49 against an industry PE of 22.89, with a return on equity of 14.72%.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"Adani_Ports_2674_Profit_CAGR_Since_FY22\"><\/span><strong>Adani Ports: 26.74% Profit CAGR Since FY22<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>Adani Ports and Special Economic Zone is India&#8217;s largest private port operator, with ports on both coasts and a growing logistics business. It reported FY26 revenue of Rs 40,854.36 crore, up 26.16% year on year, and net profit of Rs 12,782.03 crore, up 15.56%. Net profit has compounded at 26.74% a year since FY22, while revenue has grown 20.55% a year. Operating margin was 64.59% in FY26.<\/p>\n<p>The stock trades at a PE of 30.69 against an industry PE of 31.83, below the sector average, with a return on equity of 13.32%. In the June 2026 quarter, revenue rose 23.90% to Rs 11,673.71 crore and net profit grew 10.24% to Rs 3,649.50 crore. The share price has gained 115.30% over five years and 17.95% over the past year. Foreign investors raised their holding from 13.61% in September 2025 to 15.95% in September 2026.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"HAL_Return_on_Equity_of_2221\"><\/span><strong>HAL: Return on Equity of 22.21%<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>Hindustan Aeronautics is India&#8217;s state-owned aerospace company that designs, makes and services fighter jets, helicopters, engines and avionics. It reported FY26 revenue of Rs 36,787.95 crore, up 9.68% year on year, and net profit of Rs 9,115.52 crore, up 8.98%. Net profit has compounded at 15.74% a year since FY22, while revenue has grown 9.48% a year. Operating margin was 40.89% in FY26. The debt-to-equity ratio is 0.00, which keeps interest costs low.<\/p>\n<p>In the June 2026 quarter, revenue rose 15.26% to Rs 6,415.41 crore and net profit grew 14.88% to Rs 1,589.66 crore. The share price has gained 607.71% over five years. Domestic institutions raised their holding from 8.71% in September 2025 to 12.56% in September 2026. The stock trades at a PE of 35.73 against an industry PE of 48.59, below the sector average, with a return on equity of 22.21%.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"UltraTech_Cement_Profit_Compounding_at_336_a_Year\"><\/span><strong>UltraTech Cement: Profit Compounding at 3.36% a Year<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>UltraTech Cement is the largest cement producer in India by capacity, with plants and grinding units across the country. It reported FY26 revenue of Rs 89,089.04 crore, up 16.15% year on year, and net profit of Rs 8,188.35 crore, up 35.58%. Revenue has compounded at 13.81% a year since FY22. Operating margin was 19.71% in FY26. The debt-to-equity ratio is 0.31.<\/p>\n<p>The stock trades at a PE of 36.95 against an industry PE of 29.41. The dividend yield is 2.23%. In the June 2026 quarter, revenue rose 15.49% to Rs 24,778.47 crore and net profit grew 17.24% to Rs 2,603.72 crore. Domestic institutions raised their holding from 16.65% in September 2025 to 20.86% in September 2026.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"Budget_2027_Stocks_Financial_Comparison_on_Growth_and_Margins\"><\/span><strong>Budget 2027 Stocks: Financial Comparison on Growth and Margins<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>The table compares scale and growth across these Budget 2027 stocks. Latest quarter means the most recent reported quarter for each company, and only metrics that are positive for every company are shown.<\/p>\n<table style=\"border-collapse:collapse;width:100%;margin:16px 0;\">\n<thead>\n<tr>\n<th style=\"border:1px solid #BBBBBB;background:#1F4E79;color:#FFFFFF;padding:8px;text-align:left;\">Stock<\/th>\n<th style=\"border:1px solid #BBBBBB;background:#1F4E79;color:#FFFFFF;padding:8px;text-align:left;\">Revenue (Rs Cr)<\/th>\n<th style=\"border:1px solid #BBBBBB;background:#1F4E79;color:#FFFFFF;padding:8px;text-align:left;\">Net Profit (Rs Cr)<\/th>\n<th style=\"border:1px solid #BBBBBB;background:#1F4E79;color:#FFFFFF;padding:8px;text-align:left;\">Revenue Growth (YoY)<\/th>\n<th style=\"border:1px solid #BBBBBB;background:#1F4E79;color:#FFFFFF;padding:8px;text-align:left;\">4-Year Revenue CAGR<\/th>\n<th style=\"border:1px solid #BBBBBB;background:#1F4E79;color:#FFFFFF;padding:8px;text-align:left;\">4-Year Net Profit CAGR<\/th>\n<th style=\"border:1px solid #BBBBBB;background:#1F4E79;color:#FFFFFF;padding:8px;text-align:left;\">Operating Margin (Latest Quarter)<\/th>\n<\/tr>\n<\/thead>\n<tbody>\n<tr>\n<td style=\"border:1px solid #BBBBBB;padding:8px;\">L&amp;T<\/td>\n<td style=\"border:1px solid #BBBBBB;padding:8px;\">2,91,635.04<\/td>\n<td style=\"border:1px solid #BBBBBB;padding:8px;\">19,159.40<\/td>\n<td style=\"border:1px solid #BBBBBB;padding:8px;\">12.23%<\/td>\n<td style=\"border:1px solid #BBBBBB;padding:8px;\">16.41%<\/td>\n<td style=\"border:1px solid #BBBBBB;padding:8px;\">16.81%<\/td>\n<td style=\"border:1px solid #BBBBBB;padding:8px;\">15.49%<\/td>\n<\/tr>\n<tr>\n<td style=\"border:1px solid #BBBBBB;padding:8px;\">Adani Ports<\/td>\n<td style=\"border:1px solid #BBBBBB;padding:8px;\">40,854.36<\/td>\n<td style=\"border:1px solid #BBBBBB;padding:8px;\">12,782.03<\/td>\n<td style=\"border:1px solid #BBBBBB;padding:8px;\">26.16%<\/td>\n<td style=\"border:1px solid #BBBBBB;padding:8px;\">20.55%<\/td>\n<td style=\"border:1px solid #BBBBBB;padding:8px;\">26.74%<\/td>\n<td style=\"border:1px solid #BBBBBB;padding:8px;\">65.67%<\/td>\n<\/tr>\n<tr>\n<td style=\"border:1px solid #BBBBBB;padding:8px;\">HAL<\/td>\n<td style=\"border:1px solid #BBBBBB;padding:8px;\">36,787.95<\/td>\n<td style=\"border:1px solid #BBBBBB;padding:8px;\">9,115.52<\/td>\n<td style=\"border:1px solid #BBBBBB;padding:8px;\">9.68%<\/td>\n<td style=\"border:1px solid #BBBBBB;padding:8px;\">9.48%<\/td>\n<td style=\"border:1px solid #BBBBBB;padding:8px;\">15.74%<\/td>\n<td style=\"border:1px solid #BBBBBB;padding:8px;\">44.22%<\/td>\n<\/tr>\n<tr>\n<td style=\"border:1px solid #BBBBBB;padding:8px;\">UltraTech Cement<\/td>\n<td style=\"border:1px solid #BBBBBB;padding:8px;\">89,089.04<\/td>\n<td style=\"border:1px solid #BBBBBB;padding:8px;\">8,188.35<\/td>\n<td style=\"border:1px solid #BBBBBB;padding:8px;\">16.15%<\/td>\n<td style=\"border:1px solid #BBBBBB;padding:8px;\">13.81%<\/td>\n<td style=\"border:1px solid #BBBBBB;padding:8px;\">3.36%<\/td>\n<td style=\"border:1px solid #BBBBBB;padding:8px;\">20.83%<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<p style=\"margin-top:24px;\"><a href=\"https:\/\/univest.in\/screeners\"><strong>Check the Univest Screener for live data on these Budget 2027 stocks<\/strong><\/a><\/p>\n<h2><span class=\"ez-toc-section\" id=\"Institutional_Holding_in_L_T_Adani_Ports_HAL_and_UltraTech_Cement\"><\/span><strong>Institutional Holding in L&amp;T, Adani Ports, HAL and UltraTech Cement<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>Institutional holding shows who is backing these Budget 2027 stocks alongside the promoter. The table uses the latest reported quarter for each. L&amp;T has the deepest institutional backing, with FII and DII together holding 62.15% as of June 2026. Domestic institutions increased their holding over the past year in HAL (from 8.71% to 12.56%) and UltraTech Cement (from 16.65% to 20.86%).<\/p>\n<table style=\"border-collapse:collapse;width:100%;margin:16px 0;\">\n<thead>\n<tr>\n<th style=\"border:1px solid #BBBBBB;background:#1F4E79;color:#FFFFFF;padding:8px;text-align:left;\">Stock<\/th>\n<th style=\"border:1px solid #BBBBBB;background:#1F4E79;color:#FFFFFF;padding:8px;text-align:left;\">Promoter<\/th>\n<th style=\"border:1px solid #BBBBBB;background:#1F4E79;color:#FFFFFF;padding:8px;text-align:left;\">FII<\/th>\n<th style=\"border:1px solid #BBBBBB;background:#1F4E79;color:#FFFFFF;padding:8px;text-align:left;\">DII<\/th>\n<th style=\"border:1px solid #BBBBBB;background:#1F4E79;color:#FFFFFF;padding:8px;text-align:left;\">Public<\/th>\n<th style=\"border:1px solid #BBBBBB;background:#1F4E79;color:#FFFFFF;padding:8px;text-align:left;\">Quarter<\/th>\n<\/tr>\n<\/thead>\n<tbody>\n<tr>\n<td style=\"border:1px solid #BBBBBB;padding:8px;\">L&amp;T<\/td>\n<td style=\"border:1px solid #BBBBBB;padding:8px;\">Nil<\/td>\n<td style=\"border:1px solid #BBBBBB;padding:8px;\">19.13%<\/td>\n<td style=\"border:1px solid #BBBBBB;padding:8px;\">43.02%<\/td>\n<td style=\"border:1px solid #BBBBBB;padding:8px;\">37.85%<\/td>\n<td style=\"border:1px solid #BBBBBB;padding:8px;\">June 2026<\/td>\n<\/tr>\n<tr>\n<td style=\"border:1px solid #BBBBBB;padding:8px;\">Adani Ports<\/td>\n<td style=\"border:1px solid #BBBBBB;padding:8px;\">66.03%<\/td>\n<td style=\"border:1px solid #BBBBBB;padding:8px;\">15.95%<\/td>\n<td style=\"border:1px solid #BBBBBB;padding:8px;\">13.25%<\/td>\n<td style=\"border:1px solid #BBBBBB;padding:8px;\">4.77%<\/td>\n<td style=\"border:1px solid #BBBBBB;padding:8px;\">September 2026<\/td>\n<\/tr>\n<tr>\n<td style=\"border:1px solid #BBBBBB;padding:8px;\">HAL<\/td>\n<td style=\"border:1px solid #BBBBBB;padding:8px;\">71.64%<\/td>\n<td style=\"border:1px solid #BBBBBB;padding:8px;\">9.42%<\/td>\n<td style=\"border:1px solid #BBBBBB;padding:8px;\">12.56%<\/td>\n<td style=\"border:1px solid #BBBBBB;padding:8px;\">6.38%<\/td>\n<td style=\"border:1px solid #BBBBBB;padding:8px;\">September 2026<\/td>\n<\/tr>\n<tr>\n<td style=\"border:1px solid #BBBBBB;padding:8px;\">UltraTech Cement<\/td>\n<td style=\"border:1px solid #BBBBBB;padding:8px;\">58.48%<\/td>\n<td style=\"border:1px solid #BBBBBB;padding:8px;\">12.69%<\/td>\n<td style=\"border:1px solid #BBBBBB;padding:8px;\">20.86%<\/td>\n<td style=\"border:1px solid #BBBBBB;padding:8px;\">7.97%<\/td>\n<td style=\"border:1px solid #BBBBBB;padding:8px;\">September 2026<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<h2><span class=\"ez-toc-section\" id=\"Risks_to_Weigh_in_Budget_2027_Stocks\"><\/span><strong>Risks to Weigh in Budget 2027 Stocks<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>Being careful with Budget 2027 stocks means looking at what can slow the story as well as what can speed it up. Four points matter most:<\/p>\n<ul>\n<li>Past growth may not repeat.<\/li>\n<li>Share prices can move sharply in either direction.<\/li>\n<li><strong>Valuation:<\/strong> UltraTech Cement trades at a PE of 36.95 against an industry PE of 29.41, so earnings need to keep growing to support the price.<\/li>\n<li><strong>Concentration:<\/strong> Holding all 4 names puts the allocation in one sector, so size each position to match your risk appetite.<\/li>\n<\/ul>\n<h2><span class=\"ez-toc-section\" id=\"How_to_Choose_Between_Budget_2027_Stocks\"><\/span><strong>How to Choose Between Budget 2027 Stocks<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>Picking from Budget 2027 stocks comes down to four checks, applied in order.<\/p>\n<ol>\n<li>Check balance sheet strength first, and prefer a debt-to-equity ratio below 1 for non-financial companies.<\/li>\n<li>Compare each PE with the industry PE (22.89 to 48.59) and ask whether the growth rate justifies any gap.<\/li>\n<li>Track net profit growth, the operating margin and the return on equity in every quarterly result.<\/li>\n<li>Stagger entries across quarters and review institutional holding every reporting season.<\/li>\n<\/ol>\n<p style=\"margin-top:24px;\"><em>Download the <a href=\"http:\/\/apps.apple.com\/in\/app\/univest-stocks-investment\/id6443753518\" rel=\"nofollow noopener\" target=\"_blank\">Univest iOS App<\/a> or <a href=\"http:\/\/play.google.com\/store\/apps\/details?id=com.univest.capp&#038;hl=en_IN\" rel=\"nofollow noopener\" target=\"_blank\">Univest Android App<\/a> to track L&amp;T, Adani Ports, HAL and UltraTech Cement live prices.<\/em><\/p>\n<h2><span class=\"ez-toc-section\" id=\"Conclusion\"><\/span><strong>Conclusion<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>Among Budget 2027 stocks, L&amp;T stands out for the lowest PE of the group at 25.49, Adani Ports for the fastest profit growth, 26.74% a year since FY22, HAL for the highest return on equity at 22.21% and UltraTech Cement for the strongest latest-quarter profit growth at 17.24%. Which one suits a portfolio depends on how much valuation risk it can carry, so staggering entries and reviewing each quarterly result is a sound habit. Investors comparing Budget 2027 stocks should rank them on growth, financial strength and the price paid, and anyone who wants personalised guidance can consult a SEBI-registered advisor before acting.<\/p>\n<div style=\"background:#CC0000;border-radius:8px;padding:16px 20px;margin:24px 0;\">\n<p style=\"color:#FFFFFF;font-size:13px;line-height:1.7;margin:0;\"><strong style=\"color:#FFFFFF;\">Disclaimer:<\/strong> Data and figures in this article are sourced from publicly available information. These may or may not be accurate. Please verify all data with the official NSE (nseindia.com) and BSE (bseindia.com) websites before making any investment decision. Investments in securities are subject to market risk. This content is for educational purposes only and is not investment advice by Univest (SEBI RA INH000013776).<\/p>\n<\/p><\/div>\n<h2><span class=\"ez-toc-section\" id=\"Frequently_Asked_Questions_on_Budget_2027_Stocks_to_Watch\"><\/span><strong>Frequently Asked Questions on Budget 2027 Stocks to Watch<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<h3><span class=\"ez-toc-section\" id=\"Which_are_the_best_Budget_2027_stocks_to_watch_for_multibagger_potential\"><\/span><strong>Which are the best Budget 2027 stocks to watch for multibagger potential?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> L&amp;T, Adani Ports, HAL and UltraTech Cement are the 4 names this list highlights, with market caps of Rs 5,00,275 crore, Rs 4,02,686 crore, Rs 3,33,050 crore and Rs 3,16,676 crore respectively. L&amp;T is notable for the lowest PE of the group at 25.49. Adani Ports stands out for the fastest profit growth, 26.74% a year since FY22. HAL offers the highest return on equity at 22.21%. UltraTech Cement brings the strongest latest-quarter profit growth at 17.24%. These are watchlist names for Budget 2027 stocks, not recommendations, so match each one to your own risk profile and time horizon.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"Is_HAL_a_good_stock_for_long-term_investors\"><\/span><strong>Is HAL a good stock for long-term investors?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> HAL has a return on equity of 22.21%, a PE of 35.73 against an industry PE of 48.59 and a market cap of Rs 3,33,050 crore. Net profit has compounded at 15.74% a year since FY22, and FY26 revenue rose 9.68% while June 2026 quarter net profit grew 14.88%. Long-term returns in Budget 2027 stocks depend on earnings growth and the price paid at entry, so staggering purchases and consulting a SEBI-registered advisor is sensible.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"Can_Adani_Ports_become_a_multibagger_from_here\"><\/span><strong>Can Adani Ports become a multibagger from here?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> Adani Ports has already gained 115.30% in five years, so another multi-fold move would need sustained earnings growth. A multibagger outcome in Budget 2027 stocks requires earnings to keep growing faster than the market for several years. Net profit has compounded at 26.74% a year since FY22, and FY26 revenue rose 26.16%. At a PE of 30.69 against an industry PE of 31.83, valuation should be checked against that growth before investing.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"What_is_the_market_cap_of_L_T_Adani_Ports_HAL_and_UltraTech_Cement\"><\/span><strong>What is the market cap of L&amp;T, Adani Ports, HAL and UltraTech Cement?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> As of 22 October 2026, L&amp;T has a market cap of Rs 5,00,275 crore, Adani Ports has a market cap of Rs 4,02,686 crore, HAL has a market cap of Rs 3,33,050 crore and UltraTech Cement has a market cap of Rs 3,16,676 crore. All of them qualify as largecaps. Market cap changes daily with the share price, so check the latest figure on the Univest Screener or on NSE before taking a decision on Budget 2027 stocks.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"What_are_the_risks_of_investing_in_Budget_2027_stocks\"><\/span><strong>What are the risks of investing in Budget 2027 stocks?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> The main risks are market swings, slower growth than expected and valuations that already reflect good news. Companies with strong balance sheets and steady earnings handle these better. UltraTech Cement trades at a PE of 36.95 against an industry PE of 29.41, so earnings growth needs to hold up.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"Why_is_UltraTech_Cement_trading_at_a_PE_of_3695\"><\/span><strong>Why is UltraTech Cement trading at a PE of 36.95?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> UltraTech Cement&#8217;s PE of 36.95 compares with an industry PE of 29.41. The market is paying a premium for latest-quarter profit growth of 17.24% and FY26 revenue growth of 16.15%, which also means the stock is more sensitive if growth slows. Investors in Budget 2027 stocks who are comfortable with higher valuation risk may prefer to stagger purchases instead of investing in one go.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"How_much_do_institutions_hold_in_L_T_Adani_Ports_HAL_and_UltraTech_Cement\"><\/span><strong>How much do institutions hold in L&amp;T, Adani Ports, HAL and UltraTech Cement?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> As of the latest reported quarter, FII and DII together hold 62.15% of L&amp;T (19.13% and 43.02%), 29.20% of Adani Ports (15.95% and 13.25%), 21.98% of HAL (9.42% and 12.56%) and 33.55% of UltraTech Cement (12.69% and 20.86%). Rising institutional holding is a useful signal in Budget 2027 stocks, though it should be read with earnings trends rather than on its own.<\/p>\n<p><script type=\"application\/ld+json\">{\"@context\":\"https:\/\/schema.org\",\"@type\":\"FAQPage\",\"mainEntity\":[{\"@type\":\"Question\",\"name\":\"Which are the best Budget 2027 stocks to watch for multibagger potential?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"L&T, Adani Ports, HAL and UltraTech Cement are the 4 names this list highlights, with market caps of Rs 5,00,275 crore, Rs 4,02,686 crore, Rs 3,33,050 crore and Rs 3,16,676 crore respectively. L&T is notable for the lowest PE of the group at 25.49. Adani Ports stands out for the fastest profit growth, 26.74% a year since FY22. HAL offers the highest return on equity at 22.21%. UltraTech Cement brings the strongest latest-quarter profit growth at 17.24%. 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Rising institutional holding is a useful signal in Budget 2027 stocks, though it should be read with earnings trends rather than on its own.\"}}]}<\/script><\/p>\n","protected":false},"excerpt":{"rendered":"<p>4 largecap Budget 2027 stocks compared on market cap, PE, ROE, growth and institutional holding: L&#038;T, Adani Ports, HAL and UltraTech Cement.<\/p>\n","protected":false},"author":33,"featured_media":325031,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[845],"tags":[15061,15060],"class_list":["post-325032","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-best-stocks","tag-budget-2027-sector","tag-budget-2027-stocks"],"metadata":{"rank_math_internal_links_processed":["1"],"_thumbnail_id":["325031"],"rank_math_title":["Budget 2027 Stocks to Watch: L&amp;T, Adani Ports"],"rank_math_description":["Budget 2027 stocks to watch for multibagger potential: L&amp;T, Adani Ports, HAL and UltraTech Cement. 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