Just days ahead of the Union Budget, we take a look at companies that are benefitting from the government’s PLI scheme. This screener reflects stocks that have risen over the past month ahead of the budget, which are beneficiaries of PLI schemes.

Textile stocks like SVP Global Textiles, Donear Industries and Rajesh Exports are three of the 61 applicants approved under the PLI scheme and have risen the highest over the past month. The government has proposed an expected investment of Rs 19,077 crore from the applicants, with a projected turnover of Rs 1.8 lakh crore and proposed employment of 2.4 lakh. 

In Metals & mining, Sunflag Iron & Steel and Lloyds Metal & Energy have been approved. While Sunflag Iron & Steel rose 40.3% over the past month, outperforming the sector by 27 percentage points, Lloyds Metal & Energy went up 39.4%, outperforming the sector by 26.1 percentage points.

Surya Roshni from the general industrials sector has committed an investment of Rs 25.4 crore towards the PLI scheme. The stock has risen 37.1% over the past month, outperforming the sector by 30.7 percentage points. 

You can find more screeners here.