In chat with Anil Singhvi, Sandeep Jain recommends Khaitan Chemicals & Fertilizers as a stock to buy
In today's edition of ‘Jain Sahab Ke Gems’, stock market analyst Sandeep Jain, while speaking to Zee Business Managing Editor Anil Singhvi, revealed another great counter for investors. Today, he has recommended a stock that he said has potential to give high returns to investors.
In today's edition of ‘Jain Sahab Ke Gems’, stock market analyst Sandeep Jain, while speaking to Zee Business Managing Editor Anil Singhvi, revealed another great counter for investors. Today, he has recommended a stock that he said has potential to give high returns to investors. The stock he picked today is Khaitan Chemicals & Fertilizers Limited and here is why.
According to Sandeep Jain, Khaitan Chemicals & Fertilizers Limited is a top-quality company. The company is mainly engaged in the manufacturing of Single Super Phosphate (Fertilizer), Sulphuric Acid (Chemical) and Soya Edible Oil. Shailesh Khaitan promoted Khaitan Chemicals & Fertilizers Ltd (KCFL) in 1982.
WATCH FULL COVERAGE ON ZEE BUSINESS BELOW:
जैन सा'ब के GEMS: मजबूत प्रोमोटर, दमदार फंडामेंटल वाला बेहतरीन शेयर...
जानिए संदीप जैन ने आज किस स्टॉक को चुना आपके मुनाफे के लिए..@AnilSinghvi_ @SandeepKrJainTS pic.twitter.com/3SkRIYmugE
— Zee Business (@ZeeBusiness) February 4, 2021
In today's episode, market analyst Sandeep Jain said: "Talking about the fundamentals of the Khaitan Chemicals & Fertilizers Ltd, the company has reduced its debt in last few quarters, which is a big positive. PE multiple is very cheap. The profit growth of the company has been phenomenal in last five years. The profit CAGR is around 34 percent, dividend yield is also good of the company."
"Overall, I'm very bullish on this stock. Fertilizer's stock is doing very well in the market. In next 5-6 months company will perform well in the market. Investor should definitely buy this stock at the current levels.
Strategy For Khaitan Chemicals & Fertilizers Limited
On what should be the strategy that a stock market investor can maintain in regard to Khaitan Chemicals & Fertilizers Limited shares, Jain told Anil Singhvi, "Khaitan Chemicals & Fertilizers Limited is currently trading around Rs 28.35 and one can target this stock at Rs 30."
Get Latest Business News, Stock Market Updates and Videos; Check your tax outgo through Income Tax Calculator and save money through our Personal Finance coverage. Check Business Breaking News Live on Zee Business Twitter and Facebook. Subscribe on YouTube.
RECOMMENDED STORIES
NPS Vatsalya vs NPS Calculator: How one can boost their retirement corpus by Rs 32.60 cr by investing Rs 5,000 monthly for 13 years more
Top 7 Index Mutual Funds With up to 63% SIP Returns in 1 Year: Rs 25,000 monthly SIP in No. 1 fund is now worth Rs 3.94 lakh
01:06 PM IST