Mid-cap Picks with Anil Singhvi: Analyst Siddharth Sedani picks HG Infra, KEC International, Cyient for handsome gains

In today’s edition of Special Mid Cap stocks with Zee Business Managing Editor Anil Singhvi, analyst Siddharth Sedani recommended three stocks for bumper returns. The stocks were recommended with a long-term, positional medium-term and short-term views. Know which stocks he picked today for handsome gains? Also, know triggers that would drive them.  

Top Stocks To Buy: HG Infra  

Sedani picked a stock from the infrastructure space as his long-term recommendation. This stock is HG Infra. The order book is quite strong he said adding that the Q4 saw significant additions to its order book. He said that the order worth Rs 5,000 cr to Rs 7,000 cr could come to its kitty by 2023. The revenue growth is likely to be at 25 per cent in FY22, he further said. The return on equity is at 22 per cent for HG Infra. The high point is that it is a debt-free company which is not common in this space.  

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This stock was trading around Rs 407 at the time of the recommendation. He puts the target price at Rs 493 and has a 9-12 months view on this stock.  

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आज #SPLMidcapStocks में सिद्धार्थ सेडानी ने लॉन्ग टर्म में निवेश के लिए चुना HG Infra...
जानिए शॉर्ट टर्म और पोजीशनल के लिए कौन से मिडकैप शेयर बने उनकी पसंद?#Investment @AnilSinghvi @s_sedani05 pic.twitter.com/w9qvfFye9y

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Top Stocks To Buy: KEC International 

As for the positional medium-term pick, Sedani chose a company from the power sector. He picked KEC International. This company is into power transmission and distribution. Revenue is robust for this company. He estimates a CAGR growth of 32 per cent in the company’s profits over the next two years. The order book is worth Rs 25,000 cr, he said. 

It has also been instrumental in reducing its debts, he further said.  

This stock was trading around Rs 408 at the time of the recommendation. He puts the target price at Rs 454 and has a 3-6 months view on this stock. 

Top Stocks To Buy: Cyient Limited 

This analyst picked Cyient Limited as his short-term pick. This IT sector company creates solutions for sectors including defense, space, and automobiles. He said that the order book of Cyient is quite strong and a 22 per cent growth was seen. The company is expected to see double-digit growth in FY22, he further said.   

This stock was trading around Rs 855 at the time of the recommendation. He puts the target price at Rs 900.