{"id":129245,"date":"2024-07-23T14:35:24","date_gmt":"2024-07-23T09:05:24","guid":{"rendered":"https:\/\/tradebrains.in\/features\/?p=129245"},"modified":"2024-07-23T17:32:25","modified_gmt":"2024-07-23T12:02:25","slug":"stocks-that-may-benefit-from-govt-plan-to-invest-15000-cr-to-develop-amravati-in-ap","status":"publish","type":"post","link":"https:\/\/tradebrains.in\/features\/stocks-that-may-benefit-from-govt-plan-to-invest-15000-cr-to-develop-amravati-in-ap\/","title":{"rendered":"Stocks that may benefit from Govt&#8217;s plan to invest \u20b9 15,000 Cr to develop Amravati in AP"},"content":{"rendered":"<div class=\"trade-content_2\" style=\"margin-left: auto;margin-right: auto;text-align: center;\" id=\"trade-3458312868\"><p><a href=\"https:\/\/tradebrains.in\/get\/telegram\/\"><img decoding=\"async\" class=\"alignnone wp-image-101992\" src=\"https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2023\/01\/telegram-channel-300x119.png\" alt=\"\" width=\"148\" height=\"59\" \/><\/a> <a href=\"https:\/\/news.google.com\/publications\/CAAqBwgKMN3Epgswxc--Aw?hl=en-IN&amp;gl=IN&amp;ceid=IN%3Aen\"><img decoding=\"async\" class=\"alignnone wp-image-123430\" src=\"https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2024\/05\/follow-on-google-news-300x82.png\" alt=\"follow-on-google-news\" width=\"222\" height=\"61\" srcset=\"https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2024\/05\/follow-on-google-news-300x82.png 300w, https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2024\/05\/follow-on-google-news-150x41.png 150w, https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2024\/05\/follow-on-google-news.png 468w\" sizes=\"(max-width: 222px) 100vw, 222px\" \/><\/a><\/p>\n<\/div><p>Finance Minister Nirmala Sitharaman has announced the Union Budget for 2024-25 and made a series of announcements for Andhra Pradesh, which elected the NDA Government in the recently concluded General Elections.&nbsp;<\/p><div class=\"trade-content_7\" style=\"margin-left: auto;margin-right: auto;text-align: center;\" id=\"trade-197063084\"><!-- Composite Start --> \r\n <div id=\"M923760ScriptRootC1549812\"> \r\n <\/div> \r\n <script src=\"https:\/\/jsc.mgid.com\/t\/r\/tradebrains.in.1549812.js\" async> \r\n <\/script> \r\n <!-- Composite End --><\/div><p>Nirmala Sitharaman has announced a Rs 15,000 crore investment in Andhra Pradesh to facilitate special financial support through Multilateral Development Agencies and the state has a vision to make Amravati, a model capital city.&nbsp;<\/p><p>In the Budget speech Finance minister also added that the government is committed to financing an early completion of the Polavaram project, which is the lifeline for A.P. and its farmers. This will facilitate the country\u2019s food security as well.&nbsp;<\/p><p>The A.P. Reorganisation Act provides cash to maintain essential infrastructure such as water, power, and roads to promote industrial growth. She also stated that an additional budget will be set out for capital investment on development projects.&nbsp;<\/p><div class=\"trade-content_5\" id=\"trade-3521615799\"><script async src=\"https:\/\/pagead2.googlesyndication.com\/pagead\/js\/adsbygoogle.js?client=ca-pub-4023722985638610\"\r\n     crossorigin=\"anonymous\"><\/script>\r\n<!-- in_content_2_news -->\r\n<ins class=\"adsbygoogle\"\r\n     style=\"display:block\"\r\n     data-ad-client=\"ca-pub-4023722985638610\"\r\n     data-ad-slot=\"7925020301\"\r\n     data-ad-format=\"auto\"\r\n     data-full-width-responsive=\"true\"><\/ins>\r\n<script>\r\n     (adsbygoogle = window.adsbygoogle || []).push({});\r\n<\/script><\/div><p><strong>Here are the stocks that jumped up to 5% after a Rs 15,000 crore investment plan to develop Amravati.&nbsp;<\/strong><\/p><h2 class=\"wp-block-heading has-medium-font-size\"><strong><a href=\"https:\/\/portal.tradebrains.in\/stock\/ACL\/standalone\" target=\"_blank\" rel=\"noreferrer noopener\">Andhra Cements Ltd<\/a><\/strong><\/h2><p>Likhitha Infrastructure Limited is an Indian oil and gas pipeline infrastructure service company. The Company specializes in pipeline building, facility management, and maintenance for Indian oil and gas corporations.&nbsp;<\/p><p>With a market capitalization of Rs 908.82 crore, the shares were trading at Rs 98.60 per share, today the stocks hit a 5 percent upper circuit as compared to the previous closing price of Rs 94.26 per share.&nbsp;<\/p><h2 class=\"wp-block-heading has-medium-font-size\"><strong><a href=\"https:\/\/portal.tradebrains.in\/stock\/KCPSUGIND\/consolidated\" target=\"_blank\" rel=\"noreferrer noopener\">KCP Ltd<\/a><\/strong><\/h2><p>KCP Limited manufactures and sells cement, sugar, heavy engineering, and captive power production, and provides hospitality services. The company has production operations in Macherla and Muktyala, Andhra Pradesh, with a captive supply of limestone. They produce around 4.3 million tons of cement annually in India.&nbsp;<\/p><p>With a market capitalization of Rs 3,232.05 crore, the shares were trading at Rs 250.70 per share, today the stocks gained up to 7 percent as compared to the previous closing price of Rs 242.60 per share.<\/p><p class=\"has-medium-font-size\"><strong><a href=\"https:\/\/portal.tradebrains.in\/stock\/LIKHITHA\/standalone\" target=\"_blank\" rel=\"noreferrer noopener\">Likhitha Infrastructure Ltd<\/a><\/strong><\/p><div class=\"trade-content-10\" id=\"trade-1068362483\"><script async src=\"https:\/\/pagead2.googlesyndication.com\/pagead\/js\/adsbygoogle.js?client=ca-pub-4023722985638610\"\r\n     crossorigin=\"anonymous\"><\/script>\r\n<!-- in_content_3_news -->\r\n<ins class=\"adsbygoogle\"\r\n     style=\"display:block\"\r\n     data-ad-client=\"ca-pub-4023722985638610\"\r\n     data-ad-slot=\"2969612066\"\r\n     data-ad-format=\"auto\"\r\n     data-full-width-responsive=\"true\"><\/ins>\r\n<script>\r\n     (adsbygoogle = window.adsbygoogle || []).push({});\r\n<\/script><\/div><p>Likhitha Infrastructure Limited is an Indian oil and gas pipeline infrastructure service company. The Company specializes in pipeline building, facility management, and maintenance for Indian oil and gas corporations.&nbsp;<\/p><p>With a market capitalization of Rs 1,685.50 crore, the shares were trading at Rs 426.75 per share, today the stocks gained up to 5 percent as compared to the previous closing price of Rs 431.30 per share.&nbsp;<\/p><blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\"><p><strong>Written by:- Abhishek Singh<\/strong><\/p><\/blockquote><h4 class=\"wp-block-heading\" id=\"h-disclaimer\"><strong>Disclaimer<\/strong><\/h4><div class=\"wp-block-image\"><figure class=\"aligncenter size-medium\"><img decoding=\"async\" width=\"300\" height=\"300\" src=\"https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2022\/02\/warning-disclaimer-300x300.png\" alt=\"\" class=\"wp-image-26306\"\/><\/figure><\/div><p><strong>The views and investment tips expressed by investment experts\/broking houses\/rating agencies on <a href=\"http:\/\/tradebrains.in\/\">tradebrains.in<\/a> are their own, and not that of the website or its management. Investing in equities poses a risk of financial losses. Investors must therefore exercise due caution while investing or trading in stocks. Dailyraven Technologies or the author are not liable for any losses caused as a result of the decision based on this article. Please consult your investment advisor before investing<\/strong>.<\/p><div class=\"trade-after-content\" id=\"trade-20200716\"><div id=\"taboola-below-article-thumbnails\"><\/div>\r\n<script type=\"text\/javascript\">\r\n  window._taboola = window._taboola || [];\r\n  _taboola.push({\r\n    mode: 'alternating-thumbnails-a',\r\n    container: 'taboola-below-article-thumbnails',\r\n    placement: 'Below Article Thumbnails',\r\n    target_type: 'mix'\r\n  });\r\n<\/script>\r\n<script type=\"text\/javascript\">\r\n  window._taboola = window._taboola || [];\r\n  _taboola.push({flush: true});\r\n<\/script><\/div>","protected":false},"excerpt":{"rendered":"<p>Finance Minister Nirmala Sitharaman has announced the Union Budget for 2024-25 and made a series of announcements for Andhra Pradesh, which elected the NDA Government in the recently concluded General Elections.&nbsp; Nirmala Sitharaman has announced a Rs 15,000 crore investment in Andhra Pradesh to facilitate special financial support through Multilateral Development Agencies and the state [&hellip;]<\/p>\n","protected":false},"author":5,"featured_media":129288,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_et_pb_use_builder":"","_et_pb_old_content":"","_et_gb_content_width":"","footnotes":""},"categories":[31,1789],"tags":[20765,20766,16361,18244,20767,20768,948,936,3157,20758],"class_list":["post-129245","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news","category-trending-news","tag-amravati","tag-andhra-cements","tag-budget-2024","tag-disclaimer-the-views-and-investment-tips-expressed-by-investment-experts-broking-houses-rating-agencies-on-tradebrains-in-are-their-own","tag-kcp","tag-likhitha-infrastructure","tag-stock-market","tag-stock-market-news","tag-stock-to-watch","tag-union-budget-2024"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v20.5 (Yoast SEO v25.0) - 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