Mid-cap Picks with Anil Singhvi: Why investors should go for Rallis India, ICICI Securities, Sundaram Fasteners, Sandeep Jain explains
Analyst Sandeep Jain continues to remain bullish on agri stocks. In yet another edition of Special Mid Cap stocks with Anil Singhvi, he recommended one such stock with a long term view. See which stocks he recommended with positional medium term and short term view
Analyst Sandeep Jain continues to remain bullish on agri stocks. In yet another edition of Special Mid Cap stocks with Anil Singhvi, he recommended one such stock with a long term view. See which stocks he recommended with positional medium term and short term view.
Top Stocks To Buy: Rallis India
Jain today picked Rallis India – a Tata Group Company as his long term pick. Agriculture sector stocks have been outperformers during the lockdown period. This stock has been recommended by Jain on previous 2-3 occasions on this show. It was recommended at Rs 210. It went to a high of Rs 340 and has corrected since then. This stock is currently trading around Rs 256. He said that this stock should be bought with a 6-9 months view. He puts the target price between Rs 290 and Rs 310.
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Top Stocks To Buy: ICICI Securities
This analyst recommended a ICICI Securities with a positional medium term perspective. This stock broking company’s shares are currently trading around Rs 477. He said that he was extremely” bullish on this bank-backed broking company. He recommended this tock with a stop loss of Rs 450. He puts the target price at Rs 510.
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Top Stocks To Buy: Sundaram Fasteners
As a short term pick, Jain recommended a stock from the auto ancillary segment. This segment has been an underperformer but is poised to do well, going forward, this technical analyst said. He picked Sundaram Fasteners – a company which manufactures nuts and bolts. This stock is currently trading around Rs 435. He puts the stop loss at Rs 410 while the target price at Rs 450-460.
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