Historically, in an election year, two things happen: one some state governments tend to push for completion of infrastructure projects so that they may be showcased as achievements. Second, more money gets pumped into the system. This will have a trickle down effect on many parts of the economy and specially companies in contracting and construction. ET screener powered by Refinitiv’s Stock Report Plus lists down stocks with high upside potential over the next 12 months, having an average recommendation rating of “buy” or "strong buy".
Prominent equity market investors such as Vijay Kedia, Dolly Khanna, Ashish Kacholia, Sunil Singhania, Mukul Agrawal, Anil Kumar Goel and Seetha Kumari who are closely monitored by market participants, have upped their investments in at least 10 small-cap stocks during the July-September 2023 quarter (Q2 FY24). In this visual story (VS), we will share details of these counters.
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