Mayuresh Joshi's Top Stock Picks For 2 years: Praj Ind, Welspun Corp, And Welspun Enterprises

Mayuresh Joshi, Head of Equity Research at William O’Neil India, highlights stocks and sectors poised for solid returns over the next 1-2 years. His analysis includes Praj Industries, which is diversifying its operations. The company is advancing technology in diesel blending and collaborating with international partners on airline turbine fuel, a market with significant potential both domestically and globally. This technology also has applications in Formula 1 racing. Praj’s quarterly results are good and company has robust balance sheet . Additionally, Mayuresh Joshi points to CAPEX-driven stocks as likely performers in the coming year. Welspun Corporation and Welspun Enterprises are expected to benefit from government initiatives in pipeline networks and water treatment, supported by their strong financial positions and capabilities.