In chat with Anil Singhvi, analyst Vikas Sethi picks EIL, Ramco Cements as top buys for bumper gains

Market Analyst Vikas Sethi recommended two stocks – one each from the cash markets and futures and options (F and O) in today’s edition of popular TV show ‘Sadabahaar Sethi Saab’. The recommendations made by him to Zee Business Managing Editor Anil Singhvi were from the very short term perspective. Know which stocks these are and why they are slated to bring handsome gains.  

Top Stocks To Buy: Engineers India Limited      

Analyst Vikas Sethi continues to be bullish on the public sector companies. He picked Engineers India Limited (EIL) calling it an excellent company. He said that this stock will benefit from the rising crude oil prices. This company provides engineering and consultancy services. It works in the hydrocarbon and oil and gas sectors. It has a strong orderbook worth Rs 8300 cr.

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The fundamentals of this company are strong and the valuations of the stock of EIL are attractive. The dividend yield given by Engineers India was Rs 5.15 which is around 6.5 per cent, he said.  

This stock is currently trading around Rs 80. He puts the target price at Rs 90 over a very short term period. He puts the stop loss at Rs 72.

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सदाबहार सेठी सा'ब

शॉर्ट टर्म में अच्छे रिटर्न के लिए आज किन 2 शेयरों पर बुलिश हुए विकास सेठी?@AnilSinghvi_ @vikassethi_SF pic.twitter.com/J6zFjJmej8

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Top Stocks To Buy: Ramco Cements    

Another stock picked by him was from the F and O space and he picked a stock from the cement sector. There are speculations that the cement prices will rise in the Southern part of India. Ramco Cements – a stock picked by him is the biggest player there, he said. 

The March Futures of Ramco Cements are trading around Rs 975. This stock was previously recommended at levels around Rs 800. 

The government focus on infrastructure and demand from the Real Estate sector will drive the prices. He puts the target price is Rs 1025. He puts the stop loss at Rs 950.