Budget 2020 My Pick: 5 golden reasons that make this stock a money-maker
Budget is around the corner and investors' expectations are high. However, there will be much confusion among investors regarding, which stock to purchase ahead of Budget 2020 for getting greater returns, especially which one to avoid with proper explanation.
Budget (#BUDGET2020ZEE) is around the corner and investors' expectations are high. However, there will be much confusion among investors regarding, which stock to purchase ahead of Budget 2020 for getting greater returns, especially which one to avoid with proper explanation. This is where Zee Business comes in to help investors stock selection with each and every detail along with proper elaboration. This time we are going to tell you about D-link stock! So, why should you purchase it? Here we are going to give you the 5 golden reasons to go for it!
आपके बजट में सस्ता शेयर : शानदार कमाई के लिए दमदार फंडामेंटल वाले डी-लिंक इंडिया के शेयर में करें निवेश...बजट के ऐलानों से कंपनी को बड़ा फायदा संभव#Budget2020ZEE #Budget2020 #UnionBudget2020 @AnilSinghvi_ @KushalGupta44 pic.twitter.com/eDBBUKnIFj
— Zee Business (@ZeeBusiness) January 23, 2020
Here are 5 things will make you purchase this stock
1-It is expected that digital India is going to get a boost in coming budget announcement. In total, government has planned to allot 7 lakh crores for digital India. This year, It is expected that government may allot Rs 70,000 crores for digital India in Budget 2020.
2-In coming 2 years, Broadband internet is going to expand exponentially. Government aims to provide high speed internet to every village across the country till 2022.
3- About 7 lakh km optical fibre to be laid under National Optical Fibre Network by 2024 by the government.This means good news for one company especially. Due to government's focus on internet connectivity in villages and digital India, Purchasing D-link stock can be good idea.
There are other reasons.
4- The valuation of the company is the biggest reason, having Rs 400 crore market cap with reserves of over Rs 200 crores and its interesting to know that this company is debt free.
5- There's a possibility of take over of D-Link's parent company, D Link Corporation. If it happens then there are the possibilities for open offer! In this case, D-Link can be the right choice!
Because of the reasons mentioned above, D-Link stock can be beneficial for investors.
01:18 PM IST