Elections are arriving soon by April-May 2024. The preparations for the elections have been started at the center and state levels. We will share details about Pre Lok Sabha Elections 2024 stocks that can have an upsurge before the election date. Both budget and elections have an impact on the share market for sure. Thus, the one who chooses the right stocks can maintain high profits during the year. Let us explore more about the upcoming high-value stocks.
Lok Sabha Elections 2024 Stocks Would be in Focus
- IRCTC (Indian Railway Catering And Tourism Corporation Limited): The railways sector will improve further. Recently, it had a surge of 10% in a day after its quarter results. IRCTC will be focussing on new ads on the different types of passenger trains. The government is also promoting tourism in different states, leading to travelers traveling by trains. Different states are moving towards occupying metros as well. IRCTC is currently at Rs. 940.10 per share with a market cap of Rs. 75.26 T Cr.
- UltraTech Cement Limited: Cement has always been in high demand. As construction always keeps going at different places not only by the residents, but also by the government. The center often speeds up the construction works of bridges, roads, and other infrastructure before the election, which eventually led to more utilization of cement in different places in the country. UltraTech Cement has a share price of Rs. 9,895.65 per share with a market cap of Rs. 2.85 L Cri recently.
- United Spirits Limited: The company deals in alcoholic beverages. Alcohol is a sector that never loses in the market. The liquor shops remain open in several extreme situations like lockdown as well. The Indian market has less liquid consumption compared to other countries. Thus, the demand for the liquor will increase in the coming years. The share price for United Spirits Limited is Rs. 1,127.20 per share with a market cap of Rs. 81.87 T Crore.
- NDTV: Everyone watches the news during the election time to know more about the winning art. News channels get an increased watch time during the election increasing its value in the market. NDTV is among the most preferred news channels in the country. NDTV has a share price of Rs. 266 per share moving up by 1.51% today and a market cap of Rs. 1.70 T Cr.
- Bharat Electronics Limited: The company can have an upward trend pre-elections. The market is moving positively at the moment. The current market cap is Rs. 1.37 L Crore at the current share price of Rs. 187.90 per share.
We hope you get enough details about some profitable pre-look sabha elections stock 2024 above. Stay tuned for more information.