Expert Sanjiv Bhasin recommends buy on Tata Motors, Bharti Airtel, Samvardhana Motherson - here is why?

Sanjiv Bhasin strategy, stocks today: IIFL Securities Director and market expert Sanjiv Bhasin on Wednesday, December 7, suggested making a buy in Hindustan Petroleum Limited {HPCL} Future if its buy price drops amid the crude oil price in the international market hitting a multiple-month low.

In a special segment 'Bhasin Ke Haseen Share' aired on Zee Business, Sanjiv Bhasin in conversation with the Zee Business Managing Director Anil Singhvi recommended three stocks for bumper returns in short term.

He said that TVS Motors and Bajaj Auto outperformed, adding that he is bullish on auto stocks.

Sanjiv Bhasin Stocks on Zee Business Wednesday, 7 December

Tata Motors Future

Bhasin said that as China’s easing of Covid measures starts to take shape the company will earn profit and will outperform.

Buy Price- Rs 425

Target Price- Rs 440

Stop Loss- Rs 415

Bharti Airtel Future

The market analyst said that the growth in the average revenue per user (ARPU) of this company is going through the roof. Hence, It is a good pick to invest in.

Buy Price- Rs 841

Target Price- Rs 875

Stop Loss- Rs 817

Samvardhana Motherson

Bhasin said that the slowdown of China and Europe is benefitting Original equipment manufacturers (OEM) like Samvardhana Motherson. This company is a manufacturer of wiring harnesses, plastic components, and rearview mirrors for passenger cars.

Buy Price- Rs 73.90

Target Price- Rs 82

Stop Loss- Rs 70

Click Here For Latest Updates On Stock Market | Zee Business Live