Bachpan se Pachpan: Market Experts recommend these 8 stocks to yield good returns
Stock Picks: Four market experts– Rakesh Bansal, Vikas Sethi, Siddhart Sedani, and Hemang Jani recommended stocks which can yield good returns in the future.
Stock Picks: In a special segment aired on Zee Business, ‘Bachpan se Pachpan’, four market experts– Rakesh Bansal, Vikas Sethi, Siddhart Sedani, and Hemang Jani recommended stocks which can yield good returns in the future.
Market expert Rakesh Bansal recommended two stocks:
NHPC
Rakesh Bansal said that investors should buy NHPC stock for the long term as big funding houses are looking forward to its projects like Subansiri and Parbati-II which will be completed by December 2023. According to Rakesh, the market will discount and a big re-rating is on cards.
NHPC Share Price - Rs 44
NHPC Target - Rs 68/70
NHPC Stop loss- Rs 35
Gateway Distriparks Limited
Another stock picked by Rakesh Bansal was Gateway Distriparks Limited. Bansal said that there is a probability of re-rating in 1.5 months to 2 months.
Gateway Distriparks Share Price- Rs 73.30
Gateway Distriparks Target- Rs 110
Gateway Distriparks Stop loss- Rs 65
Market Analyst Vikas Sethi also recommended two stocks for today:
La Opala
Vikas Sethi picked La Opala as his first recommendation. He said that the company has a market share of more than 50 per cent in organised segments, and has 12,000 retailers, with 200 distributors. Sethi further said that the company has strong fundamentals and has recorded a Profit After Tax (PAT) of Rs 39 crore against Rs 27 crore YoY.
He said that La Opala is a debt-free company with a Market cap of Rs 4,600 crore which is expected to increase to 15000- 20,000 crore in the coming 3-5 years.
La Opala Share Price- Rs 415
La Opala Target - Rs 550
Duration- 12 months
Apar industries
Vikas Sethi chose Apar Industries as his next pick. He said that the company has a Market cap of Rs 5,750 crore with strong fundamentals and strong potential. He further said that the company has 450 plus distributors and exports to more than 100 countries.
Sethi added that the return on capital of Apar Industries is 23 per cent, with a 0.15 debt-equity ratio and the company has recorded a PAT of Rs 102 crore against Rs 56 crore YoY.
Vikas said that the company has a market cap of Rs 5000 crore which is expected to increase to Rs 15,000-20,000 crore in the next 3-5 years.
Apar Industries Price - Rs 1501.25
Apar Industries Target - Rs 2000
Duration- 12 months
Click here to know Anil Singhvi's strategy for today
Market Analyst Siddharth Sedani picked two stocks in the special edition today:
Sansera Engineering
Siddharth chose Sansera Engineering as his first stock. He said that the company has a Market Cap of Rs 4,000 crore and the Q2 result has recorded an income increase of 19 per cent. He added that the company recorded a growth in Net Profit of 35 per cent. He also said that the Management is aiming for a growth in margins of 17- 20 per cent.
Sedani said that Sansera Engineering has strong traction in electric vehicle, aerospace, and defense. He further added that the earnings are expected to grow 36 per cent in the next two years on a CAGR basis.
Sansera Engineering Share Price - Rs 736.05
Sansera Engineering Share Target - Rs 1002
Duration 12 months
Siddharth picked Lemon tree as his second stock:
Lemon Tree
Sedani said that Lemon Tree is the third biggest hotel chain in India with more than 100 per cent growth in its Q2 income. He said that the margins have seen a growth of 48 per cent as compared to 36 per cent YoY. Lemon Tree has a capex of Rs 500 crore and its average room rate is Rs 4,900.
Lemon Tree Share Price - Rs 90.40
Lemon Tree Target - Rs 110
Duration- 12 months
Strategist and Market Expert, Hemang Jani also recommended two stocks:
Praj Industries
His first pick was Praj Industries, as, according to him, the company has a good market share in India and produces 60 per cent of ethanol production in India. He said that Praj Industries has been successfully investing for the past few years and thus, there will be a re-rating in the next 2-3 years. He recommended investors buy the stock for long term.
Praj Industries Share Price- Rs 414.20
Praj Industries Target - Rs 550
Duration- 12 months
Jubilant Ingrevia
Hemang Jani picked Jubilant Ingrevia as his second stock. He said that the company has performed strongly and has given good growth guidance in the second half. Hemang said that over a long period, Jubilant Ingrevia is expected to grow and also said that there is a possibility of re-rating.
Jubilant Ingrevia Share Price - Rs 585.40
Jubilant Ingrevia Target - Rs 750
Duration- 12 months
Click here to get more stock market updates I Zee Business Live
Get Latest Business News, Stock Market Updates and Videos; Check your tax outgo through Income Tax Calculator and save money through our Personal Finance coverage. Check Business Breaking News Live on Zee Business Twitter and Facebook. Subscribe on YouTube.
RECOMMENDED STORIES
Senior Citizen Latest FD Rates: Know what major banks like SBI, PNB, Canara Bank, HDFC Bank, ICICI Bank are providing on fixed deposits
Gratuity Calculator: Rs 38,000 as last-drawn basic salary, 5 years and 5 months of service; what will be gratuity amount?
Top 5 Small Cap Mutual Funds with best SIP returns in 1 year: See how Rs 25,000 monthly investment has grown in each scheme
Top 7 SBI Mutual Funds With Best SIP Returns in 1 Year: Rs 25,000 monthly SIP investment in No.1 fund has jumped to Rs 3,58,404
02:12 PM IST