Top 15 Stock Picks for 2017 recommended by brokers ahead of Budget

Top 15 Stock Picks for 2017 recommended by brokers ahead of Budget-minTop 15 Stock Picks for 2017 recommended by brokers ahead of Budget

Ahead of Budget-2017, several stock brokers believe that some of the stocks can be purchased now which can benefit during budget as well as during rest of the year 2017. There are several stock market experts like SP Tulsian, Dipan Mehta, Daljeet Singh Kohli etc., who has been recommending stock tips in India. Which are the top 15 Stocks recommended by these experts ahead of Budget 2017? How much targets these experts are indicating for these top 15 best stocks to buy now in 2017?

Top 15 Stock Picks for 2017 recommended by brokers ahead of Budget

SP Tulsian, stock market expert and founder of, recommends these stocks to look ahead of Budget 2017 and to invest for the rest of the year 2017.

Also Read: What is Demat Account and how to open Demat Account to buy Shares?

1) GMDC – CMP – Rs 119 – Target 175 – Tenure 1 Year

Gujarat Mineral Development Corporation Limited is a major minerals and lignite mining company of India. It is State owned company owned by Government of Gujarat. GMDC was founded in 1963. Its headquarters is at Ahmedabad.

Govt focus towards power sector in Budget 2017 would benefit this stock.

2) PTC India – CMP – Rs 89 – Target 125 – Tenure 1 Year

PTC India Ltd. (PTC), the leading provider of power trading solutions in India, was established in the year 1999 as a Government of India initiated Public-Private Partnership, whose primary focus is to develop a commercially vibrant power market in the country.

Even for this stock, Govt focus towards power sector in Budget 2017 would benefit the stock price to gain.

3) Associate Stone – CMP – Rs 35 – Target 45 – Tenure 1 Year

Established in 1945, during the time of the British Raj, Associated Stone Industries has a long and distinguished history of providing its customers with beautiful, sophisticated and exotic products. 66 years hence, ASI still holds the largest quarries in the world spread across 10 sq kms at Ramganjmandi, situated in Rajasthan, the home of the most flawless Kotah Stone.

Govt. focus about low cost housing would benefit this company in 2017.

4) Dhalmia Bharat Sugar – CMP – Rs 190 – Target 250 – Tenure 1 Year

It is among the top 10 sugar manufacturers in India.

Rising sugar prices would benefit this company.

Top Stocks Picks for 2017 from Dipin Mehta, Elixir Equities

Here are the stock recommendations from Dipan Mehta, Director, ‎Founder Director at Elixir Equities Pvt. Ltd (EEPL), is a first generation professionally managed stock broking company. They believe that these stocks can give 20% to 30% returns.

5) Alpha Geo – CMP – Rs 913 – Tenure 3-4 Years

Alphageo (India) Limited is the largest onshore integrated seismic service provider in the private sector and enjoys a market leadership in seismic survey.

6) VA Tech Wabag – CMP – Rs 500 – Tenure 3-4 Years

VA Tech Wabag Ltd. is an Indian multinational company with headquarters in Chennai, India. Founded in 1924, the company is a pure-play water technology company focused on water treatment for municipal and industrial users.

7) UFO Videos – CMP – Rs 456 – Tenure 3-4 Years

UFO Moviez India Ltd. is India’s largest digital cinema distribution network and in-cinema advertising platform in terms of number of screens. UFO operates India’s largest satellite-based, digital cinema distribution network using its UFO-M4 platform, as well as India’s largest D-Cinema network.

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Top Stock Picks for 2017 from Prakash Diwan

Here are the recommendations from stock market expert, Prakash Diwan. He provides recommendations through his PD Wealth Circle group.

8) Greaves Cotton – CMP Rs 139 – Target Rs 199 – Tenure 15 months

Greaves Cotton Ltd. is a manufacturer of engines and construction equipment in India. Its shares are traded on the National Stock Exchange of India and the Bombay Stock Exchange. The business was founded in 1859 by James Greaves and George Cotton.

9) Ion Exchange – CMP Rs 318 – Target Rs 444 – Tenure 12 months

A pioneer of water treatment in India with a legacy spanning over five decades, Ion Exchange is recognised internationally as a premier company in water and environment management.

10) Universal Cables – CMP Rs 116 – Target Rs 133 – Tenure 12 months

Universal Cables Limited (UCL) is one of the most reputed player in power cable segment and among the largest cable manufacturing companies in India.

11) IG Petro – CMP Rs 244 – Target Rs 333 – Tenure 12 months

I G Petrochemicals Ltd. (IGPL) is an established market leader in Phthalic Anhydride (PAN) with strong recognition and excellent plant facilities of international standards. Equipped with one of the largest capacity at a single location, the Company has the ability to cater to local and international market.

Top Stock Picks for 2017 from Daljeet Kohli, IndiaNivesh

Here are the recommendations from Daljeet Singh Kohli of IndiaNivesh,  a stock market expert in India.

12) Coromandel International – CMP Rs 333 – Target Rs 360

Coromandel International Limited is an Indian corporation founded in the early 1960s by IMC and Chevron Companies of USA. Originally named Coromandel Fertilisers, the company is in the business of fertilizers, pesticides and specialty nutrients.

13) BEL – CMP Rs 1543 – Target Rs 1900

Bharat Electronics Limited is an Indian state-owned aerospace and defence company with about nine factories, and few regional offices in India.

Govt. would increase its spending in defense sector and BEL would be one of the company to benefit from such increased spending in 2017.

14) Ashiana Housing – CMP Rs 140 – Target Rs 183

Ashiana Housing Ltd. is an Indian real estate development company established in 1979 with its head office in New Delhi, India. It was the only Indian real estate company to be recognized by Forbes as Asia’s 200 Best Under A Billion.

The company is focused on tier II and tier III towns and in affordable housing. It is likely to benefit from the government’s focus on housing.

Also Read: What is P/E Ratio and how it helps you to pick right stock for long term investment?

15) Lakshmi Villas Bank – CMP Rs 139 – Target Rs 165

One of the private sector bank that has concentrated in Tamil Nadu. The bank is likely to benefit from the credit demand from SME and MSME. The loan book of the bank comprises 40 percent from corporate and 25 percent comes from SME and retail. The bank has hired experienced top management people from HDFC Bank   and Axis Bank. The bank has undertaken a rebranding exercise and has shifted focus to the retail segment. This makes this stock unique and top pick for 2017.

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Top 15 Stock Picks for 2017 recommended by brokers ahead of Budget

Suresh KP


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