The Union Budget for 2023-24 struck a fine balance to boost economic growth, without moving away from the fiscal consolidation path. A healthy 33% increase in the capital expenditure target would be positive for capex and allied sectors such as infra, construction, building materials, capital goods and durables. Analysts see these stocks from different sectors benefiting from Nirmala Sitharaman’s capex salvo.
KRN Heat Exchanger shares hit 5% upper circuit as Q1 net profit more than doubles
Shares of KRN Heat Exchanger and Refrigeration hit a upper circuit on Thursday, following a strong Q1 FY27 earnings performance. The rally was driven by