In yet another segment of Special Mid-cap Stocks show with Zee Business Managing Editor Anil Singhvi, market analyst Ambareesh Baliga today revealed 3 stocks which he said have the potential to give high returns to the investors. He picked stocks from real estate, travel and tourism and oral care. Know which stocks he picked and why:

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Top Stocks To Buy – Sobha Limited

Baliga picked Sobha Limited as his long term pick. This real estate company caters to affordable housing. Despite nationwide lockdowns, the company has sold 6.5 lakh square feet in the last quarter with collections around Rs 550 cr. As the people are working from home, they are looking at space in the gated communities with good amenities. They are looking for cheaper and larger accommodations, he said. Their engineering and construction segment is also coming back. The EPS for FY21 will be 23 while for FY22 it will be 27, the analyst said. The things are looking good for the company. He put the target price at Rs 360.

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 Top Stocks To Buy – Mahindra Holidays

He picked Mahindra Holidays as a positional medium term stock. This stock is from the travel and tourism sector. It is currently trading around Rs 183. Baliga said in the first quarter of FY21, this company has shown profits on a standalone basis, though on the consolidated basis there was a loss as international properties have not done too well. Around 30 resorts out of 59 are operational which translates into 1500 rooms out of 3700 rooms. The management has said that the guests are spending more than before.  

They have a cash of Rs 776 cr in books against the market cap of Rs 2400 cr. The target price is Rs 280.

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Top Stocks To Buy – JHS Svendgaard

Baliga picked JHS Svendgaard, a company which has business interests in oral care. It is a leading company in this segment with 7 per cent capacity in toothpaste and 15 per cent in toothbrush in the all India demand. They have good manufacturing facility and manufacture products for 25 brands including Dabur, Patanjali, Amway. They have a pool of some marquee investors. This stock is currently trading around Rs 22. There is a good buying opportunity in this stock. He puts the target price around Rs 28 with a stop loss at Rs 20.