Mid-cap Picks with Anil Singhvi: 3 stocks to buy - Voltamp Transformers, Tinpate, MCX for high returns

In yet another edition of Special Mid Cap stocks with Anil Singhvi, market expert Sandeep Jain recommended his top picks with a long term, medium term and short term perspective. Know why these companies are poised to do well and what returns can the investors expect! 

Top Stocks To Buy: Voltamp Transformers 

Jain today picked a company from the power sector. This company is Voltamp Transformers. This company has been into the business since 1963. Voltamp Transformers share price is currently around Rs 1007. It available at a PE multiple of 11. The Return on Capital employed at 15-16 per cent is excellent. At 2,51 per cent this company gives “fantastic dividends to its shareholders, he said. This is also a zero-debt company. 

The PAT was around Rs 17 cr for the June quarter. This company as well as the sector has been an underperformer, he further said. At current valuations the stock is a must buy, he added. The target price is Rs 1190- Rs 1230.  

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#SPLMidcapStocks | शॉर्ट टर्म, पोजीशनल और लॉन्ग टर्म में अच्छे रिटर्न के लिए संदीप जैन ने आज सुझाए ये 3 बेहतरीन मिडकैप स्टॉक्स#ZBizBazaar #MidcapStocks @AnilSinghvi_ @SandeepKrJainTS pic.twitter.com/FGOkNlg90r

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Top Stocks To Buy: Tinplate 

This analyst recommended a packaging company with a positional medium term perspective. This company is Tinplate, a Tata Group company. The company offers environment friendly packaging products for food and non-food items. Tinplate share price is currently trading around Rs 134. The company has a strong balance sheet. This stock will be able to achieve levels between Rs 150 and Rs 160 in a matter of few days. 

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Top Stocks To Buy: MCX 

As a short term pick, Jain recommended Multi Commodity Exchange (MCX) stock. At Rs 1760, this stock is still very cheap in terms of its quality and potential. It has a monopoly in this business as no other exchange has become so big in the commodity segment. It is available at a PE multiple of 35. They recently launched a bullion index and will be launching metal index on 19 October.