3 Midcap Shares to Buy with Anil Singhvi: Rajat Bose says buy VA Tech Wabag, Parag Milk and Firstsource for good returns

Rajat Bose, a SEBI registered Research Analyst, in chat with Zee Business Managing Editor Anil Singhvi on Thursday suggested three stock picks to investors for long term, mid-term or positional and short-term period. The research analyst picked VA Tech Wabag for long term, Parag Milk for mid-term and Firstsource for short term investment.

Here is what he has to say:

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Long Term Pick: VA Tech Wabag

Speaking on the long term pick Rajat said that VA Tech Wabag has recently bagged a big order from Russia and said that the company is preparing for moving in an upward direction by making certain corrections however, currently it is weak in intraday.

The Analyst added that the company can give good returns in one year. He suggested buying the shares of the company at the current price of Rs 365 and gave a target of Rs 648-696 and stop loss of Rs 299.

शॉर्ट टर्म, पोजीशनल और लॉन्ग टर्म के लिए रजत बोस के 3 बेहतरीन मिडकैप Picks

Short- Firstsource

Positional- Parag Milk

Long- VA Tech Wabag#SPLMidcapStocks #MidcapStocks @AnilSinghvi_ @rajat_bose pic.twitter.com/AELxBPV8ry

— Zee Business (@ZeeBusiness) August 5, 2021

Positional Term Pick- Parag Milk

The Research Analyst suggested Parag Milk for mid term investment for a period of 6 months. He informed that the stock of this company is even in his portfolio.

He said that the promoters of Parag Milk have recently made preferential allotment at lower levels and in the last one year lots of accumulation has also been seen in the company. He further informed that Gowardhan is the prominent brand of the company and is facing tough competition from Aashirvaad.

The Analyst gave a target of Rs 174 - Rs 196 for 6 months and suggested keeping a stop loss based on the closing price of Rs 110.

Short Term Pick: Firstsource

Rajat picked Firstsource for short term investment and said that the company is showing a good support between Rs 199 to 192. He gave a stop loss of Rs 180 and said that in a time period of 1 to 3 weeks the company can reach a target of Rs 240.