In chat with Anil Singhvi, analyst Vikas Sethi picks Nalco, L and T Finance as top buys for big gains
Analyst Vikas Sethis first stock was a company from the commodity segment. This company is National Aluminium. He said that this company is excellent and a PSU stock. He said that the fundamentals of this company are very strong and the December quarter results for Nalco were also quite good. Nalco is the lowest cost producer of Aluminium in the world
Analyst Vikas Sethi recommended two stocks – and both stocks are from the futures and options (F and O) segment in today’s edition of popular TV show ‘Sadabahaar Sethi Saab’. The Market Expert’s recommendations to Zee Business Managing Editor Anil Singhvi were from the very short term perspective. Know which stocks are these and why this analyst picked them. He picked a pharma stock and cement stock. Know why?
Top Stocks To Buy: National Aluminium Company (Nalco)
Analyst Vikas Sethi’s first stock was a company from the commodity segment. This company is National Aluminium. He said that this company is excellent and a PSU stock. He said that the fundamentals of this company are very strong and the December quarter results for Nalco were also quite good. Nalco is the lowest cost producer of Aluminium in the world.
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Nalco March Futures are currently trading at Rs 60. He said that all the metal stocks are seeing great movement and this momentum is going to last long. He said that the valuations of Nalco is very attractive.
He said that the short term target of Nalco is Rs 65 and the stop loss is Rs 58. In the long term levels around 80-85 could be achieved.
Top Stocks To Buy: L and T Finance
Another stock picked by him was also from the F and O space and he picked a stock from the L and T Finance – a stock from NBFC sector. It is currently trading around Rs 110. It is trading at a cheaper valuation in comparison to its peers.
L and T Finance has not been able to generate the same momentum that some of its peers have managed, Sethi said. He puts the target price at RS 120 while the stop loss at Rs 105.
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