Political stability returns in Maharashtra: 15 stocks that can reap good returns for investors

The BJP-led Mahayuti alliance is poised to form the government in Maharashtra after a sweeping win with a majority of 233 seats as against the total 288 seats.. Now as market expert foresee a stability-induced risk-on rally, here are the stocks that can give good returns as per Zee Business research desk.

Beforre that it is to be mentioned that Maharashtra is the country's most industrialised and economically important state. And after the BJP has alone garnered over 125 plys seats, infra focus will gain traction and amid it capex will gain push.

The lower capex by the government is one reason for the weak Q2 earnings, nonetheless, the research desk after steady government capex in H1FY25 expects capex to pick up going forward. Also, demand revival is anticipated in view of the better monsoon and wedding season.

Stocks that may likely reap good returns as political stability sets in Maharashtra:

ITD Cementation and Hindustan Construction Company: To curb the prolonged water scarcity issue in the region, 11 dams will be built in Marathwada. On the development, both the smallcap construction and engineering companies are set to gain.

KSB Ltd, Shakti Pumps: Industrial machinery stocks are set to be lucrative for investors as the use of solar equipment will be increasing in agriculture.

IRB Infra, NCC: These companies will be in focus as infra gains focus. As per Zee Business research inputs, roads are set to be constructed in as many as 45,000 villages.

Olectra Greentech, JBM Auto, Tata Motors:  As per the inputs, 12,000 electric vehicles will be purchased and this will give a boost to these auto players in the space.

Jai Corp, RIIL: As Navi Mumbai Airport is set to kick-off operations beginning March 2025, Jai Corp and RIIL engaged in the development of airport will also be in focus and will yield handsome return for investors.

Infra, Realty focus: Godrej Properties, Macrotech Developers, Oberoi Realty and Valor Estate will gain traction amid increased focus on infra projects in the state.