Over the last 5 days, BPCL shares have seen a notable increase of 3.53%, and in the last month, the growth has been substantial, reaching almost 9.31%. Assessing the medium and long-term performance, the stock has delivered exceptional returns, recording a surge of 30.49% in the last 6 months and an impressive 47.08% over the past year. Year-to-date, the stock has jumped by a noteworthy 9.01%.

“As the Indian e-commerce market continues to thrive, a robust last-mile infrastructure becomes paramount for seamless and efficient deliveries. Investments in improved road networks, strategically located delivery hubs, and advanced technology solutions for optimal route planning are essential. Particularly crucial in a market with a substantial volume of Cash-on-delivery (COD) orders, enhancing last-mile capabilities not only benefits e-commerce sellers but also offers logistics companies a cost-effective solution, steering away from expensive air deliveries. Additionally, anticipating reduced tax burdens, especially on fuel and operations, would further support the financial sustainability of courier companies, fostering a conducive environment for cost-effective operations. In tandem, advocating for e-commerce-friendly policies can propel the growth of the sector, indirectly benefiting courier companies. Streamlining licensing procedures, minimizing regulatory hurdles, and implementing measures that facilitate the smooth functioning of e-commerce operations will contribute to a thriving logistics ecosystem. Furthermore, recognizing the pivotal role played by small and medium-sized enterprises (SMEs) in the logistics sector, incentivizing their growth through financial support, simplified regulations, and improved access to credit can significantly boost the overall efficiency of e-commerce logistics in India. Finally, changes in taxation policies, especially related to customs duties and tariffs, can substantially impact import costs, providing e-commerce sellers with opportunities to minimize overall expenses and scale up their businesses rapidly,” said Raju Sinha, Chief Business Officer at Fship Logistics

Jefferies speculates that post-election measures, such as higher capital gains tax, may be implemented during the year. Additionally, the brokerage foresees an increase in disinvestment post-elections, leveraging the strong performance of PSU stocks in sectors like railways and defence.

Despite these challenges, Jefferies remains optimistic about the capex cycle, emphasizing that 75% of the capex in the economy is driven by housing and private corporate activities, both of which have considerable upside potential over the next few years.

Also Read: Railway and Defence stocks: Is it a good time to bet on, Find out what Jefferies suggests

“As we stand at the crossroads of innovation with Union Budget 2024 on the horizon, our anticipation at SuperBot goes beyond fiscal measures. We envision a budget that transcends traditional boundaries, streamlining Ease of Investing, catalyzing a robust Startup Funding Scenario, and laying the foundation for profound Digital Transformation within the startup landscape. We look to this budget not just for resource allocation but as a strategic path towards a future where Artificial Intelligence (AI) seamlessly integrates into our startup ecosystem. We anticipate targeted initiatives that propel AI research, development, and adoption, fostering innovation and ensuring global competitiveness,” said Sarvagya Mishra, Co-founder & Director at SuperBot

Rajratan Global Wire faced a mixed bag of results. In the last month, the stock tried to secure positive returns at 3.77%, showcasing a modest upward movement. Contrastingly, the past six months were challenging, with the stock experiencing negative returns of 8.46%, indicating a period of decline. Year-to-date figures continued in negative territory, depicting a decline of -12.95%. However, over the last twelve months, the stock managed to maintain positive returns of 7.86%, highlighting its resilience in the longer term.

In the last month, the stock sustained its positive momentum, giving returns of 1.23%. Over the past six months, it exhibited notable growth with returns of 17.92%, showcasing a robust performance. Year-to-date figures further emphasize the stock’s bullish trend, recording a steady growth of 18.10%. Looking at the broader horizon, the shares have maintained their positive trajectory, showing returns of 17.49% in the last year.

Pricol stands out with impressive returns. In the last one month, the shares delivered a positive return of 10.92%, maintaining resilience. Over the past six months, the stock exhibited strong performance, recording substantial returns of 62.98%. 

The year-to-date trajectory remained positive, showcasing an 96.32% increase in value. Looking at the broader picture, the stock’s robust performance over the last year is evident, with returns exceeding 103.87%.

The shares of Bajaj Auto have demonstrated positive returns across various time intervals. In the last month, the stock delivered a positive return of 6.61%. Over the past six months, it exhibited strong momentum with returns of 38.80%, indicating a robust performance. 

Year-to-date figures further emphasized the stock’s bullish trend, recording an impressive growth of 78.92%. Looking at the broader horizon, the shares have shown consistent strength, given returns of over 80% in the last year.

The shares of Tata Motors have demonstrated positive returns across various time intervals. In the last month, the stock delivered a positive return of 3.94%. Over the past six months, it exhibited strong momentum with returns of 27.67%, indicating a robust performance. 

Year-to-date figures further emphasized the stock’s bullish trend, recording an impressive growth of 83.64%. Looking at the broader horizon, the shares have shown consistent strength, given returns of over 88.41% in the last year.

Exide Industries shares have delivered positive returns across various time frames. Over the last month, the stock has shown a positive return of 4%, indicating short-term growth. In the last six months, the performance has been even more impressive, with a substantial increase of 26.19%, showcasing the stock’s resilience and upward momentum. 

Year-to-date, Exide Industries shares have surged by 61.77%, emphasizing the stock’s positive trajectory in the current calendar year. Looking back over the last twelve months, the stock has demonstrated significant growth, surpassing 62%. These consistent positive returns underscore the stock’s strong performance and appeal to investors.

TVS Motor shares have demonstrated positive returns across multiple time frames. Over the past month, the stock has given a commendable 7.45% return, showcasing its stability and growth potential. The last six months have seen even more impressive results, with a substantial increase of 51.90%, indicating a strong upward trend. 

Year-to-date, TVS Motor shares have surged by 82%, reinforcing the stock’s positive momentum in the current fiscal year. Looking at the broader picture, the stock has delivered an impressive return of over 92% in the last twelve months, emphasizing its sustained growth and attractiveness to investors.

“We at e-Sprinto eagerly anticipate Union Budget 2024, recognizing the undeniable surge in electric vehicle (EV) demand in India. With EV sales doubling from 2022 to 2023, reaching 89,137 units, the momentum is clear. To complement this growth, we urge a reduction in GST on lithium-ion battery packs and cells from 18% to 5%. Such a move will incentivize OEMs, fostering innovation and affordability in the sector. Additionally, the continuation of the FAME II Subsidy beyond its March 2024 expiration is crucial to sustain customer acceptance and support OEMs. Moreover, compulsory adoption of global ISO norms for battery swapping should be mandated by integrating voluntary IS standards into the Central Motor Vehicle Rules. This step will ensure quality assurance and uniformity in the EV industry, elevating standards for all stakeholders involved in the electric vehicle ecosystem. A forward-looking budget will not only propel the EV revolution but also solidify India’s position as a leader in sustainable mobility,” said Atul Gupta- Co-founder & Director at e-Sprinto

The recent performance of Jupiter Wagons shares gained just 1% in the last 5 days and nearly 22.85% in the last month. Taking a broader perspective, the stock’s medium and long-term returns are striking, with an impressive surge of 85.74% in the last 6 months and more than 251.18% in the last year. Year-to-date, the stock has surged by a substantial 23%.

Over the last 5 days, Titagarh Rail Systems shares have seen a notable increase of 3.27%, and in the last month, the growth has been substantial, reaching almost 7.01%. Assessing the medium and long-term performance, the stock has delivered exceptional returns, recording a surge of 63.16% in the last 6 months and an impressive 137.51% over the past year. Year-to-date, the stock has jumped by a noteworthy 6.56%.

The shares of Texmaco Rail have gained over 10.11% in the last 5 days and almost 17% in the last month. However, considering the medium and long term, the stock has shown impressive returns of 115% in the last 6 months and almost 267.59% in the last year. Year-to-date, the stock has jumped over 18.68% until now.