G20 Summit in India: Top Managers Stock Picks Revealed!

The G20 summit, hosted in New Delhi, India, carries significant global importance. It brings together leaders from the world’s largest economies to address key issues in economic growth and stability. India’s presidency at the G20 summit places a strong emphasis on fostering inclusive economic growth, prioritizing sustainable development practices, and advocating for open and fair international trade. These core principles reflect India’s commitment to creating a global environment that not only stimulates economic prosperity but also addresses social disparities, environmental concerns, and the promotion of equitable access to opportunities for all.

In light of this event’s significance, we’ve asked our top managers for their pick of stocks that are likely to be influenced by this summit

Sonam Srivastava – Founder of Wright Research:

1) Infosys

Infosys is a powerhouse in digital solutions and IT services, showcasing India’s strength in technology and software development, in alignment with the digital discussions at the G20.

2) Tata Motors

Tata Motors, with a growing EV segment and global presence, exemplifies India’s capabilities in high-end manufacturing and innovation, particularly in the electric vehicle sector.

3) TCS (Tata Consultancy Services)

Like Infosys, TCS underscores India’s technological prowess on the global stage.

4) JSW Steel

JSW Steel’s focus on green steel and sustainability reflects India’s commitment to eco-friendly practices in the metals sector, with a growing footprint in global markets.

5) Dr. Reddy’s Laboratories

Dr. Reddy’s represents India’s vital role as the ‘pharmacy of the world,’ especially in providing affordable medicines and vaccines during global health crises.

Ashish Kumar – Founder of Stoxbazar:

6) Reliance Industries

Reliance Industries’ focus on green energy and sustainability aligns with G20 discussions on green energy transition, making it a potential beneficiary.

7) Tata Power

With India’s target of 500 GW of non-fossil fuel-based capacity by 2030, Tata Power’s role in renewable energy infrastructure positions it for growth.

8) Mahindra & Mahindra (M&M)

As India strives to become an EV hub, M&M’s involvement in electric chargers, batteries, and recycling is set to benefit from aggressive EV adoption targets.

9) G R Infraprojects

Foreign investments are expected to rise during India’s G20 presidency, benefiting real estate developers like G R Infraprojects.

10) Hindustan Aeronautics

India’s booming space sector attracts global investor interest, and Hindustan Aeronautics is a notable player in this space.

Divam Sharma – Founder of Green Portfolio:

11) Marksans Pharma

Marksans Pharma’s global expansion plans and improved margins make it a promising pharmaceutical stock.

12) Sterlite Technologies

Sterlite Technologies is well-positioned to benefit from India’s 5G transformation with a strong order book and industry tailwinds.

13) Orient Paper and Industries

Orient Paper’s revival and cost-effective operations in the paper industry make it an attractive investment.

14) Piramal Pharma
Piramal Pharma’s innovative strategies and diversified segments position it for double-digit growth in the coming years.

15) Rain Industries

Rain Industries, a key player in the aluminum supply chain, is poised to benefit from rising demand for aluminum.

Arvind Kothari – Founder of Niveshaay:

16) Shivalik Bimetal Controls

Shivalik Bimetal Controls specializes in critical components for EV and energy devices, positioning it well in the growing EV market.

17) Waaree Energies

Waaree Energies, India’s largest solar PV module manufacturer, is capitalizing on the global demand for solar energy.

18) Usha Martin

Usha Martin’s dominance in steel wire ropes and international expansion plans make it a compelling choice.

19) Gokaldas Exports

Gokaldas Exports plays a vital role in India’s textile value chain and is well-positioned as India aims to become a textile export hub.

20) Centum Electronics

Centum Electronics’ diverse presence across industries and global customer base position it for growth in emerging sectors like clean energy and electric vehicles.

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