Mid-cap Picks with Anil Singhvi: This is why Max Healthcare, Aegis Logistics, Rajratan are top buys for Ashish Kukreja

In a chat with Zee Business Managing Editor Anil Singhvi Market Analyst Ashish Kukreja highlighted some sectors that are in focus along with the stocks that are expected to do well in the long term, positional medium term and short term. Know his top picks today.

Top Stocks To Buy: Max Healthcare

Market analyst Kukreja today picked Max Healthcare, a company which was recently listed on the exchanges. He said that this is a sector which will remain in focus. As for the company, the change in management is a big plus. The new management is private equity driven. The entry of a private equity company on the board ensures efficiency and profitability. The management has good capability to boost growth, he said. 

An important trigger for the company which may come handy at a later stage is its pathology business. The company has a land bank which will help it create green field projects. It can also increase its existing capacity.  

This stock is currently trading around Rs 114. In the short term, the target price is Rs 150. It can be bought with a long term view also, Kukreja said.

Top Stocks To Buy: Aegis Logistics

The technical analyst picked his positional medium term stock from the logistics sector. This stock is Aegis Logistics, a stock which was recommended previously in the show. It has a strong management with the entire value chain of the gas business in their portfolio. They have a presence around every port. It is also technologically robust company.   

Aegis stock is currently trading around Rs 204. This is a good long term stock he added. In the positional medium term, he puts the target price at Rs 300.      

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 Top Stocks To Buy: Rajratan Global Wire 

As for short term pick, Kukreja recommended Rajratan Global Wire Limited, which is an undiscovered story in the market so far. It has a market leadership in tie-up bead wire segment in India and also key overseas markets. It has a 40 per cent market share in this segment. This product is used in all tyres. He said that auto ancillary stocks are likely to see good momentum, going forward. 

There is a valuation comfort.

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This stock is currently trading around Rs 340. It is one of the few listed companies in this space. The promoter has a 63 per cent shareholding. While he was bullish on the short term aspect, he said that this stock should be watched out for next two years and could reach Rs 600-650.