Mid-cap Picks with Anil Singhvi: Suven Pharma, Graphite India, Vinati Organics are stocks to buy for high returns, says Siddharth Sedani
Analyst Siddharth Sedani recommended a stock with from pharma sector as his long term pick. He expects a 15-20 per cent increase in profits over the next 2 years. This company is into contract manufacturing and brings 3-4 molecules every year. The company is debt free and the return on equity is around 38 per cent. The company is fundamentally very strong, he said
The technical analyst picked a stock from the metal sector as his positional medium term pick. Sedani picked Graphite India which he called as a very big company which manufactures electrodes