5 Budget 2026 picks under ₹1000 that could grow nicely in 1-2 years

Not advice, always do your own research. **Belrise Industries** is making a very interesting shift right now. The company is moving from being a regular Tier-1 auto components supplier to a higher-value “system supplier” role, meaning they’ll deliver complete integrated subsystems instead of just individual parts. This should significantly increase their revenue per vehicle. They’re also entering defense and aerospace sectors, recently acquired a French manufacturer to break into European markets, and have multiple new manufacturing facilities coming up (including in Chennai and Pune) to support premium two-wheeler and commercial vehicle customers. Looks like very clear multi-year growth momentum. **TD Power Systems** seems extremely well placed for the data center and power boom. They manufacture generators, alternators, and power systems that are critical for data centers and captive power plants. The budget’s big tax holiday (extending till 2047) for foreign companies setting up cloud services and data centers in India is a massive tailwind. On top of that, they’re seeing very strong export orders, especially from Europe and the US for gas engines and turbines, and the management has already raised their revenue guidance for FY27. With AI and cloud demand growing so fast, this one has serious potential. **Ircon International** is a direct play on the railway infra push. The budget clearly announced seven new high-speed rail corridors to connect key economic zones, and railway capital expenditure has been increased substantially (around Rs 2.8 lakh crore this year). The allocation specifically for new lines is also up significantly. Since Ircon specializes in railway construction, electrification, and large infrastructure projects, they should see a steady stream of meaningful contracts flowing into their order book over the next couple of years. **NMDC Ltd** stands to benefit strongly from the critical minerals and rare earths focus. The government is planning dedicated “Rare Earth Corridors” in mineral-rich states like Odisha, Andhra Pradesh, Tamil Nadu, and others to boost domestic mining, processing, and value addition. The whole idea is to reduce import dependence in strategic minerals. As a large public sector miner with established operations in these regions, NMDC is in a prime position to expand beyond just iron ore and take a leadership role in this new strategic area. **Biocon** is easily one of the biggest winners in the pharma/biotech space from this budget. The government introduced a new scheme called Biopharma SHAKTI with a Rs 10,000 crore outlay aimed at making India a global hub for biologics and biosimilars. It focuses heavily on domestic manufacturing, R&D, clinical trials, and building the full ecosystem. Biocon is already India’s leading player in biosimilars and complex biologics, so this direct policy support and funding should help them scale faster and capture more market share in a rapidly growing segment.