Mid-cap Picks with Anil Singhvi: 3 stocks to buy for high returns - check out Siddharth Sedani recommendations
On the Special Mid-cap Stock Picks show today, in chat with Zee Business Managing Editor Anil Singhvi, analyst Siddharth Sedani recommended three stocks which he said are expected to give high returns to the investors - this was with long term, positional medium term and short term views
On the Special Mid-cap Stock Picks show today, in chat with Zee Business Managing Editor Anil Singhvi, analyst Siddharth Sedani recommended three stocks which he said are expected to give high returns to the investors - this was with long term, positional medium term and short term views. However, while giving his stock recommendations today, Sedani cautioned investors to buy shares in small lots and not in one go, considering the overall market situation now.
Top Stocks To Buy: PI Industries
Sedani recommended PI Industries – a company which has business interests in the agriculture sector. This company is into crop protection business. The company has a strong market position. This company has a strong order book in the CSM business too. The company shares should be bought with a 12 month perspective, he said. The company stock is currently trading around Rs 1843. He puts the target price at Rs 2060.
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Top Stocks To Buy: Aarti Industries
The technical analyst picked Aarti Industries as his positional medium term stock. He put the target price at Rs 1200. It is the biggest company in terms of specialty chemical manufacturing. It manufactures Benzene-based chemicals. After the contract cancellation in the US, the stock has seen good consolidation. The stock is now ready to see a strong rally from here. The stock is currently trading around Rs 990.
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Top Stocks To Buy: Bombay Burmah Trading Corporation
As for short term pick, Sedani chose Bombay Burmah Trading Corporation. This stock is technically very strong on charts. It is also fundamentally strong with a robust history. This is a Wadia Group company which is a major stake holder in Britannia Industries. This stock is currently trading around Rs 1349. The market capitalisation of this company is Rs 10,000 cr. He puts the stop loss at Rs 1200 while the target price at Rs 1500.
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