Samwat 2077 Stocks to Buy: Mazagon dock is Anil Singhvi's special investment pick, says expect returns up to 50 pct

Samvat 2077 has started. The New Year as per Hindu calendar has started. In the last era, the stock market has seen a lot of ups and downs. However, it is expected that 2077 is going to be very good for the stock market. In Tuesday’s business, Sensex and Nifty 50 celebrated in early trade, both indices crossing record highs. The market has started preparations for Samvat 2077. In such a situation, you should also start strengthening your portfolio investment with this preparation.   

Special Investment Pick by Anil Singhvi:  

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Anil Singhvi, the Managing Editor and Market Guru of Zee Business, has given a special investment pick (stock pick) for Samvat 2077. Anil Singhvi believes that the New Year can be tremendous for the stock market. In such a situation, it will be good to invest in share of Government companies. According to Anil Singhvi, shares of PSU companies can show very good traction. For this it is necessary that divestment of BPCL should be good. After this being done successfully, many government companies will get rerated.

Which stocks will shine for you (Best Stocks to buy): 

According to Anil Singhvi, even if the companies are not getting rerated, the stocks will give good returns in future. Anil Singhvi has chosen the Mazagon Dock for Samvat 2077. It is advised to invest in this company even after the IPO and after listing. The stock got listed at a lesser price than expected. However, the fundamentals of the company are quiet strong. It is a great company in all aspects, valuations are extremely attractive, company has no debt, it is a debt free company. The dividend yield of the company is around 6%. The order book of the company is extremely strong for the next 7-8 years. Everything you need as an investor is present in the company.

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Mazagon Dock Shipyard stock to buy: 

Anil Singhvi believes that this stock will give very good returns in the long term. However, stock of Mazagon dock is not such which will show tremendous movement in a single day. It is a slow growing stock. Market veteran Radhakrishna Damani has also bought stake in this company. Investors should buy this stock in the range of Rs 165 to Rs 175. This is the perfect range to buy the stock. First target on this stock is Rs 225, second target is Rs 275 and the third target is Rs 300. This stock will give 40%-50% return in a year. The stock has a capacity to double returns against the Fixed deposit.