Mid-cap Picks with Anil Singhvi: 3 Siddharth Sedani recommendations for top returns - PI Industries, Granules India, Fine Organic

Zee Business Managing Editor Anil Singhvi is mining the mid-cap segment and he is throwing up gems after gems (Read: Top stock picks) that investors can take advantage of and get bumper returns on  their money. In this endeavour, the Market Guru called on market analyst Siddharth Sedani to let investors have the benefit of his experience. Speaking on the subject, Sedani called the chemical sector as a sunrise sector and recommended 3 stocks in the mid-cap space that are ripe for plucking. Sedani today recommended his top 3 Buys with a long, positional medium and short term views.

Top Stocks To Buy: PI Industries

Sedani told Zee Business TV today that he would recommend PI Industries as his long term pick. The company has business interests in crop protection industry. The company is connected very well with rural India. As a sector, agriculture is in a lot of focus. PI Industries has a strong market presence in the crop protection sector and is also well-placed as a company. It has a strong order book in the CSM – Custom Synthesis Manufacturing - business.  

Sedani puts the target price at Rs 2060. PI Industries stock is currently trading at Rs 1688.

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#SPLMidcapStocks | शॉर्ट टर्म, पोजीशनल और लॉन्ग टर्म में शानदार रिटर्न के लिए आज आनंद राठी सिक्योरिटीज के सिद्धार्थ सेडानी के मजबूत फंडामेंटल वाले 3 बेहतरीन मिडकैप स्टॉक्स#ZBizBazaar #Midcap #MidcapStocks @AnilSinghvi_ pic.twitter.com/pv8YgnOBEx

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 Top Stocks To Buy: Granules India

The technical analyst picked Granules India as his positional medium term stock. Sedani said that he has been recommending this stock since the time the level was around Rs 180. The stock is currently trading around Rs 243. He puts the target price at Rs 312. Sedani said that there could be a double digit growth in Paracetamol, which is manufactured by the company. The pledged shares of the promoters have come down from 38 per cent to 9 per cent now, he said, so the risk has come down significantly. The view is for 6-9 month period.

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Top Stocks To Buy: Fine Organic Industries

As for short term pick, Sedani chose Fine Organic Industries. This chemical sector company manufactures additives or preservatives. The stock has potential to give good returns in the near term. The stock is currently trading around Rs 2080. He puts the target price at Rs 2500. This sector is a sunrise sector, he said.