Santa Stocks On Zee Business: In a special segment ‘Santa Stocks’ aired on Zee Business today, December 23, panellists Vikas Sethi, Hemang Jani and Siddhath Sedani recommended shares which would yield good returns.

Apar Industries

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Zee Business Panelist Vikas Sethi recommended Apar Industries as his first stock. He said that the company is a leader in power conductors and transformers. He further said that it specialises in oils and telecom cables. He said that aluminum and alloy conductor manufacturers have more than 450 distributors and exports to more than 100 countries across the globe. 

Target- Rs 2100

Duration- 12 months 

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Suprajit Engineering 

Vikas Sethi picked Suprajit Engineering as his second Santa Stock. According to him, the company is a leader in auto cable manufacturing and has a market share of 65 per cent in mechanical cable. He said that the company has strong financials and has big clients like TVS and Volkswagen.

Target- Rs 425 

Duration- 12 months 

Techno Electric 

Sethi chose Techno Electric as his third pick. According to Sethi, the company caters to power infrastructure and smart meter solutions. The order book is of Rs 3600 crore and by year end the order book will be of Rs 5000 crore. The company has foray in high growth data center business and has reasonable valuations. 

Target- Rs 400 

Duration- 12 months 

KPIT Technologies

Zee Business Panelist Hemang Jani recommended KPIT Technologies as his first pick. According to him KPIT is a global technology company with software solutions that will help mobility towards an autonomous, clean, smart and connected future. He further said that the company has a strong return ratio and KPIT Technologies will do well in the coming days. 

Target- Rs 825

Stop Loss- Rs 660

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Mahindra CIE

Jani chose Mahindra CIE as his second stock pick. Jani said that Mahindra CIE’s overall performance in 3QCY22 was in line and its consolidated revenue grew.  

Target- Rs 380

Stop Loss- Rs 290

IRB Infra

Market expert and Group Senior Vice President, Motilal Oswal, Hemang Jani chose IRB Infra as his third pick. He said that IRB Infrastructure’s toll revenues saw robust growth and expects the toll revenue momentum to remain strong. He added that technically the stock is in strong momentum and is looking good from a medium-term perspective.

Target- Rs 345

Stop loss- Rs 270

HUL

Zee Business panelist Siddharth Sedani picked HUL as his first pick. He said that rising rural demand, boost from the budget and festive season demand will help in HUL’s volume growth. He further said that margins are expected to recover in H2FY23 as palm oil prices are cooling down. Sedani said that company is driving more than 20 per cent of its sales through digital channels like e-commerce, Shikhar app, D2C. 

Target- Rs 2,951

Duration- 12 months 

Asian Paints

Zee Business Panelist Siddharth Sedani recommended Asian Paints as his second pick. According to him, softening of raw-material prices could provide earnings tailwinds.  Sedani said that the paint company’s management has maintained its double-digit volume growth guidance for FY23-24E. 

According to Sedani, repainting represents 80 per cent of total decorative paint demand and gradual reduction in the repainting cycle would drive future paint demand.

Target- Rs 3,370

Duration- 12 months 

Linde India

Siddharth Sedani said that Linde India is a leading industrial gases and engineering company in India. According to him, the company’s financials are strong and has a capex expansion of Rs 290 crores towards construction of new merchant air separation units (ASU) at Dahej and another ASU near Ludhiana. 

Target- Rs 3800

Duration- 12 months

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