Mid-cap Picks with Anil Singhvi: Know why analyst Simi Bhaumik puts her money on Bharat Rasayan, Endurance Tech, SPIC

Market analyst Simi Bhaumik today recommended three mid-cap stocks for investors to buy to generate high returns. In chat with Zee Business Managing Editor Anil Singhvi, she explained why these three stocks, Bharat Rasayan, Endurance Tech and SPIC, are poised to do well from here. (#SPLMidcapStocks).   

Top Stocks To Buy: Bharat Rasayan  

Today, Bhaumik recommended Bharat Rasayan a stock that is currently trading around Rs 9870 and is almost up by over 3.4 per cent. Bharat Rasayan stock attained an intraday high of Rs 10,190. She said that the target price of this stock is Rs 11,500. She puts the stop loss Rs 9200. She has recommended Bharat Rasayan stock with a short term perspective. 

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Top Stocks To Buy: Endurance Technologies  

The technical analyst picked Endurance Technologies with a positional medium term view. She said this stock saw a good momentum on Tuesday, though some weakness was there in the morning. It is now trading in the green zone. Endurance Technologies stock is currently trading around Rs 1319. It has seen a breakout today. She recommended buying Endurance Technologies stock around Rs 1300. It can be purchased even at current levels, she said. Her view on Endurance Technologies stock is for 5-6 months. 

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#SPLMidcapStocks | शॉर्ट टर्म, पोजीशनल और लॉन्ग टर्म में निवेश के लिए मार्केट एक्सपर्ट सिमी भौमिक ने आज सुझाए मजबूत फंडामेंटल वाले ये 3 बेहतरीन मिडकैप स्टॉक्स#ZBizBazaar #Midcap #MidcapStocks @AnilSinghvi_ pic.twitter.com/ogsxTnKVHS

— Zee Business (@ZeeBusiness) December 30, 2020

She put Endurance Technologies target price at Rs 1500 and the stop loss at 1220 on a closing price basis.   

Top Stocks To Buy: SPIC  

Another stock picked by her was Southern Petrochemicals Industries (SPIC). The stock is currently trading around Rs 25. There is a good momentum in SPIC stock and it is likely to extend gains from here. She said that SPIC stock is expected to reach levels around Rs 32-33. She has a 1-2 months view on SPIC stock.