In chat with Anil Singhvi, analyst Vikas Sethi recommends Hikal, Biocon as top buys for big gains

Market Analyst Vikas Sethi picked two stocks today – both the stocks were from the pharma sector. The stocks recommended by Sethi were one each from the cash market and the Futures and Options (F and O). The stocks were recommended with a short term view in the popular TV show ‘Sadabahaar Sethi Saab’ with Zee Business Managing Editor Anil Singhvi. Know which stocks he recommended in today’s edition of popular.  

Top Stocks To Buy: Hikal        

Analyst Vikas Sethi’s first stock was Hikal, which he called as an excellent stock. This stock was trading around Rs 178 at the time of recommendation. This is into the business of manufacturing Pharma APIs. It is also in crop protection and speciality chemicals. It has five manufacturing plants in Maharashtra and Karnataka. The fundamentals of this company are quite strong he said.

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The promoter stake is at 69 per cent. This stock is trading at an attractive valuation and is available at a PE multiple of 20. The December quarter results were strong. He said that the pharma sector stocks are now in focus. He puts the target price at Rs 190 while the stop loss at Rs 165.

Top Stocks To Buy: Biocon     

Another stock picked by him was from the F and O space and he picked Biocon, a company he called as a stalwart in this space. The April Futures were trading around Rs 417 at the time of recommendation. The fundamentals of this company are very strong.

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सदाबहार सेठी सा'ब

शॉर्ट टर्म में चाहिए ज्यादा मुनाफा?

दमदार फंडामेंटल और आकर्षक वैल्युएशंस

विकास सेठी से जानिए कैश और F&O सेगमेंट के 2 बेहतरीन शेयर@AnilSinghvi_ @vikassethi_SF pic.twitter.com/1QKjyST2dy

— Zee Business (@ZeeBusiness) April 16, 2021

He recommended buying at current levels. He puts the target price at Rs 430 while the stop loss at Rs 410. The stock was recommended with a very short term view.