Mid-cap Picks with Anil Singhvi: Ashish Kukreja picks Kolte Patil, Neogen, Camlin Fine Sciences as top buys for today

In today’s edition of Special Mid cap Stocks with Anil Singhvi, Market Analyst Ashish Kukreja recommended three stocks – one each with the long term, positional medium term and short term view. Know why these stocks are top money-spinning bets for investors!   

Top Stocks To Buy: Kolte Patil  

Market analyst Kukreja today picked a company from the real estate sector. This stock is Kolte Patil which is currently available at attractive valuations. He said that the real estate sector is moving towards new heights after an 8-year lull. The investors have still not realised this trend, he said. The sector has been seeing consolidation. Additionally, it is also benefitting from low interest rates, schemes and government support.  

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शॉर्ट टर्म, पोजीशनल और लॉन्ग टर्म में दमदार रिटर्न के लिए आज आशीष कुकरेजा किन 3 MIDCAP शेयरों पर हुए बुलिश? जानें यहां#SPLMidcapStocks
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The dull trend is unlikely to come from this position. Companies with strong balance sheets will likely benefit from this trend and Kolte Patil is one of the players in this sector with strong balance sheets.  

The sector is seeing numbers which were not even seen during the pre-covid period he said stating that this was not the pent-up demand. The company will launch 6-7 projects in this financial year. This asset light company is likely to take a lot of redevelopment projects, going forward. The emphasis has been on Pune which is set to change as the company would venture into cities like Bombay and Bengaluru. The company has positive cashflows, he said.  

This stock is currently trading around Rs 209. He puts the target price at Rs 325 over the next six months.      

Top Stocks To Buy: Neogen Chemical  

The technical analyst picked his positional medium term stock from the chemical sector. This stock is Neogen. The products are used in sectors like pharma, agriculture and engineering. The company is working on increasing the capacity on the back of good demand and is expecting revenues around Rs 650-Rs 700 cr.  

The company has also taken a forward integrating approach to improve its quality and margins. It has also been able to achieve long term margins.  

This stock is currently trading around Rs 629. He puts the target price at Rs 850.  

Top Stocks To Buy: Camlin Fine Sciences  

As for short term, the analyst picked Camlin Fine Sciences, a stock with high growth visibility. This company provides shelf-life extension solutions and also antioxidants, aroma ingredients and performance chemicals.

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This stock is currently trading around Rs 106. He puts the target price at Rs 150 in the near term.