LT, Siemens, UltraTech: 5 infra-related stocks to bet on post Budget

Infra related stocks can easily see a jump of 10 per cent in quick time

The Finance Minister Nirmala Sitharaman in her Budget proposals has laid a clear framework for future growth, especially for the infra sector. She proposed a capital expenditure of Rs 7,50 lakh crore, a significant addition of 35 per cent compared to the previous Budget. The record GST collection in Jan 2022 also re-affirms the growth trajectory for the economy and industry.

Larsen & Toubro Ltd (LT)
Likely target: Rs 2,050 and Rs 2,150
Upside potential:  5% to 10%

Lately, the shares of Larsen & Toubro Ltd experienced a correction of over 10 per cent, which has seen a support