If the BJP wins in 2024, sectors like PSU Banks, Oil and Gas, Defence, Startups, Railways, and Ethanol may benefit from the government’s policies and initiatives. These sectors align with the BJP’s focus on economic growth, self-reliance, infrastructure development, and promoting domestic industries.
- PSU Banks
- Oil and Gas
- Defence
- Startups
- Railways
- Ethanol
Content:
- What is Stock Market Sector?
- Top Sectors to Benefit from BJP Win 2024
- Introduction to Sectors to Benefit from BJP Win 2024
- Sectors to Watch if BJP Wins 2024 – Quick Summary
- Sectors to Benefit from a BJP Wins – FAQ
What is Stock Market Sector?
A stock market sector is a broad classification of industries within the economy that share common characteristics and business operations. This categorization helps investors and analysts understand trends and make informed decisions regarding stock investments.
Different sectors include technology, healthcare, financials, energy, and consumer goods, among others. Each sector responds differently to economic cycles, and this diversity allows investors to strategize their portfolios according to market conditions and personal risk tolerance.
For example, technology stocks may perform well in a growing economy as innovation drives profits, while utilities tend to be stable regardless of economic conditions, providing consistent dividends. Understanding these dynamics is crucial for building a balanced investment approach.
Top Sectors to Benefit from BJP Win 2024
The below table shows Sectors to Benefit from BJP Win 2024 based on the Highest Market Capitalization.
| Sector | Name | Market Cap (Cr) | Close Price (rs) |
| PSU Banks | ICICI Bank ltd | 794603.71 | 1130.5 |
| PSU Banks | Axis Bank ltd | 352467.24 | 1141.35 |
| Oil and Gas | Oil and Natural Gas Corporation Ltd | 349039.85 | 277.45 |
| Defence | Hindustan Aeronautics Ltd | 303068.77 | 4531.7 |
| Defence | Bharat Electronics Ltd | 181428.71 | 248.2 |
| Startups | Delhivery ltd | 33461.52 | 453.75 |
| Startups | Blue Dart Express Ltd | 17123.98 | 7216.8 |
| Railways | Titagarh Rail Systems Ltd | 16488.78 | 1224.35 |
| Ethanol | Praj Industries ltd | 9709.01 | 528.2 |
Introduction to Sectors to Benefit from BJP Win 2024
PSU Banks
ICICI Bank ltd
The Market Cap of ICICI Bank Ltd is ₹7,94,603.71 crore. The stock has delivered a monthly return of 5.12% and an annual return of 20.35%. It is currently 3.45% below its 52-week high.
ICICI Bank Limited, an India-based banking company, offers a comprehensive range of banking and financial services, including commercial banking and treasury operations. The Bank operates in six segments: Retail banking, Wholesale banking, Treasury, Other banking, Life insurance, and Others. These segments encompass various products, services, and subsidiaries catering to different customer needs and market segments.
The Bank’s geographical presence is divided into Domestic and Foreign operations. ICICI Bank UK PLC and ICICI Bank Canada are the Bank’s banking subsidiaries, while ICICI Prudential Life Insurance Company Limited represents the life insurance segment. ICICI Home Finance Company Limited and ICICI Venture Funds Management Company Limited, among others, fall under the Others segment.
Axis Bank ltd
The Market Cap of Axis Bank Ltd is ₹3,52,467.24 crore. The stock has achieved a monthly return of 8.55% and an annual return of 24.76%. It is currently 3.64% below its 52-week high.
Axis Bank Limited, an India-based company, offers a wide range of banking and financial services through its various segments, including Treasury, Retail Banking, Corporate/Wholesale Banking, and Other Banking Business. The Treasury segment focuses on investments, trading operations, and foreign exchange services for both the bank and its customers.
The Retail Banking segment provides a variety of products and services, such as liability products, card services, online and mobile banking, ATM services, and financial advisory services. The Corporate/Wholesale Banking segment caters to corporate clients, offering services like corporate advisory, placements, syndication, project appraisals, and cash management. The Other Banking Business segment includes para-banking activities and third-party product distribution.
Oil and Gas
Oil and Natural Gas Corporation Ltd
The Market Cap of Oil and Natural Gas Corporation Ltd is ₹3,49,039.85 crore. The stock has recorded a monthly return of -2.95% and an annual return of 65.89%. It is currently 5.59% below its 52-week high.
Oil and Natural Gas Corporation Limited, an India-based company, operates in the crude oil and natural gas sector. The company’s business segments include Exploration and Production, and Refining and Marketing. It explores, develops, and produces crude oil, natural gas, and value-added products in India and abroad.
ONGC’s diverse portfolio includes downstream operations such as refining and marketing of petroleum products, petrochemicals, power generation, LNG supply, pipeline transportation, SEZ development, and helicopter services. The company has several subsidiaries, including Mangalore Refinery and Petrochemicals Limited, Hindustan Petroleum Corporation Limited, ONGC Videsh Limited, Petronet MHB Limited, and HPCL Biofuels Limited.
Defence
Hindustan Aeronautics Ltd
The Market Cap of Hindustan Aeronautics Ltd is ₹3,03,068.77 crore. The stock has posted a monthly return of 22.63% and an annual return of 189.21%. It is currently 2.96% below its 52-week high.
Hindustan Aeronautics Limited (HAL) is an Indian company that specializes in the design, development, manufacture, repair, overhaul, upgrade, and servicing of a wide range of aerospace products. These include aircraft like HAWK, LCA, SU-30 MKI, IJT, DORNIER, and HTT-40, as well as helicopters such as Dhruv, Cheetah, Chetak, Lancer, Cheetal, Rudra, LCH, and LUH.
HAL also produces avionics products, including inertial navigation systems, auto stabilizers, head-up displays, laser range systems, flight data recorders, communication equipment, radio navigation equipment, airborne secondary radars, missile inertial navigation, radar computers, and ground radars. Additionally, the company offers services such as aircraft MRO, helicopter MRO, power plant services, and systems, accessories, and avionics support.
Startups
Delhivery ltd
The Market Cap of Delhivery Ltd stands at ₹33,461.52 crore. The stock has achieved a monthly return of -1.11% and a yearly return of 25.29. Currently, it is 7.55% below its 52-week high.
Delhivery Limited stands as a comprehensive logistics provider, offering a broad spectrum of services. These include express parcel, partial-truckload freight, and truckload freight. The company excels in express parcel delivery, covering over 18,500 pin codes across India, and specializes in the delivery of heavy items such as large electrical appliances and furniture.
In addition to domestic services, Delhivery extends its capabilities to cross-border solutions, providing both door-to-door and port-to-port express parcel deliveries, alongside air cargo services to and from India. Their truckload freight brokerage platform, Orion, seamlessly connects shippers with fleet owners through a centralized bidding system, while their supply chain services offer robust multi-channel order fulfillment solutions.
Blue Dart Express Ltd
The Market Cap of Blue Dart Express Ltd is ₹17,123.98 crore. The stock has recorded a monthly return of 16.71% and an annual return of 20.09%. It is currently 5.93% below its 52-week high.
Blue Dart Express Limited specializes in integrated air and ground transportation, distributing time-sensitive packages mainly within India. They offer advanced technology-based services like TrackDart, MailDart, and InternetDart, along with logistics solutions such as ShopTrack, PackTrack, and ShipDart. Additional tools include Waybill Generation and Transit Time Finder.
The company also provides various service options including Domestic Priority and Dart Apex, catering to diverse delivery needs. Blue Dart reaches around 55,000 locations in India and services over 220 countries. Subsidiaries include Concorde Air Logistics Limited and Blue Dart Aviation Limited, enhancing its freight and customs clearance capabilities.
Railways
Titagarh Rail Systems Ltd
The Market Cap of Titagarh Rail Systems Ltd is ₹16,488.78 crore. This stock has seen a significant monthly return of 21.73% and an annual return of 276.72%. It is currently 6.96% below its 52-week high.
Titagarh Rail Systems Limited, formerly Titagarh Wagons Limited, is a supplier of passenger rolling stock, including metro coaches and electric propulsion equipment such as traction motors and vehicle control systems. The company also designs and manufactures various types of wagons, including container flats, grain hoppers, cement wagons, clinker wagons, and tank wagons.
The company’s business is divided into four divisions: Railway Freight, Railway Transit, Engineering, and Shipbuilding. The Railway Freight division offers rolling stock and components, while the Railway Transit division provides passenger rolling stock, propulsion and electrical equipment, and maintenance services. Titagarh Firema SpA, an Italian subsidiary, is engaged in manufacturing passenger rolling stock.
Ethanol
Praj Industries ltd
The Market Cap of Praj Industries Ltd is ₹9,709.01 crore. The stock has posted a monthly return of 1.35% and an annual return of 51.04%. It is currently 23.15% below its 52-week high.
Praj Industries Limited, an Indian biotechnology company, offers a diverse range of solutions through its business lines: BioEnergy, Praj HiPurity Systems (PHS), Critical Process Equipment & Skids (CPES), Wastewater Treatment, and Brewery & Beverages. The BioEnergy portfolio includes technology solutions for conventional, advanced, and future biofuels such as ethanol, compressed biogas, biomethanol, and biohydrogen.
PHS, a subsidiary of Praj Industries, provides high-purity water systems and modular process systems for customers in the biopharmaceutical, sterile formulation, complex injectable, and nutraceutical industries. CPES specializes in designing and manufacturing modular process packages for energy transition sectors, while the company also offers customized plants, equipment, and technology solutions for the brewing and beverage industry.
Sectors to Watch if BJP Wins 2024 – Quick Summary
- Stock market sectors classify industries with shared characteristics, helping investors understand trends and make informed decisions. Sectors respond differently to economic cycles, allowing portfolio diversification based on market conditions and risk tolerance.
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Sectors to Benefit from a BJP Wins – FAQ
Top sectors likely to benefit from a BJP win in 2024 include PSU Banks, Oil and Gas, Defence, Startups, Railways, and Ethanol. These sectors could see favorable policies and increased investments, driving growth and potentially offering lucrative opportunities for investors looking to capitalize on these trends.
In 2024, the Defence and Startups sectors are poised to boom. Increased government spending on defense projects and supportive policies for innovation and entrepreneurship are likely to drive significant growth in these areas, making them standout sectors for potential investment and development.
To invest in sectors that may benefit from a BJP government using Alice Blue as your broker, start by opening an account with Alice Blue. Once your account is set up, use their trading platform to explore and invest in stocks, mutual funds, or ETFs related to PSU Banks, Defence, Oil and Gas, Startups, Railways, and Ethanol. Monitor the performance and leverage Alice Blue’s analytical tools to make informed investment decisions.
Here are some of the Best Stock Research Articles listed based on Top Sectors (Industries), Market Cap, and Fundamental Analysis Factors:
Disclaimer: The above article is written for educational purposes, and the companies’ data mentioned in the article may change with respect to time The securities quoted are exemplary and are not recommendatory.
