20 Shares That May Help You Book Good Profit Post Budget

Share Market News: Share markets, as expected, saw a volatile trade post the Budget presentation. On Monday, Sensex fell over 1,000 points from its peak during the day and regained its footing to close over 800 points higher than the previous close.

Written by: India.com Business Desk Edited by: Raghav Aggarwal

Published: February 2, 2022, 11:16 AM IST

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https://www.india.com/business/share-market-news-20-shares-that-may-help-you-book-good-profit-post-budget-5218948/ Copy

New Delhi: Budget 2022 was presented by FM Sitharaman yesterday. Share markets, as expected, saw a volatile trade post the Budget presentation. Sensex fell over 1,000 points from its peak during the day and regained its footing to close over 800 points higher than the previous close. Bank shares and Pharma shares were the top achievers of the day.

Budget 2022 focussed majorly on the digitisation of the economy with the announcement of 75 new digital bank units to mark the 75th independence day of India. The government also announced 400 new Vande Bharat trains, which led to a surge in Steel shares with Tata Steel gaining the most.

Here we provide 20 stock ideas for a good profit margin post Budget 2022

1. Sutlej (BUY) : Target Price- Rs 100, Stop Loss- Rs 92
2. AU Bank (Buy) : Target Price- Rs 1,415, Stop Loss- Rs 1,320
3. Coal India (Buy) : Target Price- Rs 6.60, Stop Loss- Rs 2.85
4. KEC International (Buy) : Target Price- Rs 550, Stop Loss- Rs 488
5. Thermax (Buy) : Target Price- Rs 2,275
6. Dixon Tech (Buy) : Target Price- 7,300 (12-18 Months)
7. Indian Hotels (Buy) : Target Price- Rs 230, Stop Loss- Rs 218
8. Sun Pharma (Buy): Target Price- Rs 915, Stop Loss- Rs 880
9. ACC (Buy): Target Price- Rs 2,424, Stop Loss- Rs 2,300
10. Tata Metaliks (Buy): Target Price- Rs 850, Stop Loss- Rs 817
11. VIP Industries (Buy): Target Price- Rs 625, Stop Loss- Rs 590
12. Eicher Motors (Sell): Target Price- Rs 2,550, Stop Loss- Rs 2670
13. Bharat Forge (Buy): Target Price- Rs 34, Stop Loss- Rs 24
14. Gujarat Fluoro (Buy): Target Price- Rs 3,100, Stop Loss- Rs 2,920
15. Mahindra Holidays (Buy): Target Price- Rs 220, Stop Loss- Rs 205
16. L&T (Buy): Target Price- Rs 2,500 (1 Year)
17. Laxmi Organics (Buy): Target Price- Rs 473, Stop Loss- Rs 446
18. ITI (Buy): Target Price- Rs 121, Stop Loss- Rs 114
19. Schneider Electric (Buy): Target Price- Rs 110, Stop Loss- Rs 103
20. Gujarat Alkalies (Buy): Target Price Rs 730, Stop Loss- Rs 685

(Credits: Zee Business, the recommendations have been taken from Zee Business)