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Uno Minda Future Plans: The Tier 1 major looks to build a land bank spread across multiple auto manufacturing hubs, to build future factories swiftly as and when required, for more efficient utilisation of capital and human resources, and enhanced agility and competitiveness.
The Union Budget's impact on the stock market has reduced in recent years, but this time it could be significant for certain stocks. The government is expected to focus on capex spend, particularly on road infrastructure, capital goods, manufacturing, automobile, healthcare, and financial services. The budget may also support sectors like railways, defence, real estate, and affordable housing. Defence stocks related to R&D, UAV/drones, and anti-drone systems could benefit.
Interim Budget 2024: In the vote-on-account budget, Sitharaman announced a series of measures to accomplish a “net zero” emissions target by 2070 in order to steer India towards a “greener future”
Auto Leaders On Budget: The Indian automobile industry wants to move faster to green mobility with the help of new government policies, laws, taxation benefits and incentives and support to infrastructure development.
In an interaction with Business Today TV, the market expert selected Tata Power Company Ltd as his top pick from the renewable energy space following the announcement of Pradhanmantri Suryodaya Yojana.