Budget 2021 Stocks With Anil Singhvi – Coromandel International is a TOP stock to buy now, says Siddharth Sedani

Top Stocks to Buy with Anil Singhvi: In today’s edition of ‘Budget My Pick’ with Zee Business Managing Editor Anil Singhvi, Market Expert Siddharth Sedani picked a stock with an agriculture theme. This stock is the largest rural retail chain company, he said. This company is Coromandel International, a Murugappa Group company. (#BudgetOnZee #BudgetMyPick)

Coromandel International is an excellent company with over 20,000 dealers. Coromandel International has business interests in crop protection and fertiliser space. The company has ambitious expansion plans with a capex of Rs 500 cr in its Kakinada and Vizag facilities.

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Top Stock to Buy – Coromandel International – The company which operates in fertiliser and crop protection space could be a great beneficiary of the Budget 2021 announcements, Sedani said. Coromandel International stock should be bought with a view of 12 months, the analyst said. He puts Coromandel International target price at Rs 1012. 

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Coromandel International stock was trading around Rs 837 at the time of recommendations in the morning on Wednesday. 

The Market Guru said that Coromandel International was one stock which is being liked by many analysts on the Zee Business Panel. This stock is technically and fundamentally strong.