In today’s edition of Special Mid Cap Stocks show with Anil Singhvi, analyst Siddharth Sedani picked three stocks that have the potential to offer bumper returns to investors. The stocks recommended by him were with a long term, Medium term and short term views. These three stocks are Deccan Cement, PNC Infra and Galaxy Surfactants. Know why he recommended them.

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Long Term Pick: Deccan Cement

The stock is from the cement sector and it is from South of India. Deccan Cement target on is Rs 596. The company is doubling its capacity in the next 2 years from 2.3 mn tonnes currently. It is a net debt free company. Deccan Cement will clock in volume of 6.5% for the next 2 years. The products of the company see healthy demand and the balance sheet of the company is extremely strong.  

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Positional Pick: PNC Infra

The target on the stock is Rs 311. PNC Infra has a well diversified order book, mixed and of wide range. The company had a target of Rs 10000 cr order book out of which Rs 2000 cr is still left. Since it is into Road construction, the company has well diversified into non-road project areas like irrigation and water related projects.  PNC Infra is trying to monetize some of its assets going forward.

Short Term Pick: Galaxy Surfactants

FMCG products like soaps, shampoos and detergents are being used by all. The chemical used in all these products is Surfactant which is being produced by the largest player in the market known as Galaxy Surfactant. Products of the company are used in over 75 countries and their chemical is used in over 200 products. The margins of Galaxy Surfactants will remain steady at 17% and they will increase capacity in the coming years. The target price on the company is Rs 2500