Top Stocks to Buy: In talk with Anil Singhvi, Vikas Sethi recommends Srikalahasthi Pipes, Bharti Airtel

Top Stocks to Buy: Amid positive global cues and easing Sino-Indian border tension, Zee Business Managing Editor Anil Singhvi is batting aggressively in favour of the stock specific trade strategy for next few trade sessions. In this regard, the Market Guru asked Vikas Sethi to share is top picks of the day on Tuesday and the  Seethi Finmart expert replied with Bharti Airtel Future and Srikalahasthi Pipes shares to buy for great returns.

Speaking on the Srikalahasthi Pipes share price forecast Vikas Sethi told Anil Singhvi, "Srikalahasthi Pipes shares are available at the PE multiple of 5 and its dividend yield is around 4 per cent. The Operating Profit Margin of the company is at reasonable 17 per cent while its Debt Equity Ratio (DER) is at 0.35. The DIIs and FIIs together hold around 26.5 per cent shares of Srikalahasthi Pipes and most importantly, FIIs have increased their holding in the company from 5 per cent in March quarter to 7.9 per cent in the June quarter."

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On his suggestion to the stock market investors in regard to the Srikalahasthi Pipes shares Sethi said, "One can buy Srikalahasthi Pipes shares at 180 for the target of Rs 195 in immediate short-term period maintaining the stop loss at Rs 170 mark."

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शॉर्ट टर्म में दमदार रिटर्न के लिए सदाबहार सेठी सा'ब की 2 बेहतरीन PICK@AnilSinghvi_ @vikassethi_SF pic.twitter.com/nsj2M3LuGC

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On his second pick of the day Vikas Sethi said, "My second pick is from the Future & Option (F&O) segment and the stock picked for traders is Bharti Airtel Future. One can buy Bharati Airtel share at Rs 484 for the target of Rs 510 maintaining the stop loss at Rs 475."