Mid-cap Picks with Anil Singhvi: Vikas Sethi puts his bet on VST Tillers, Cignity Tech, HIL stocks for bumper returns
Market analyst Vikas Sethi today recommended three mid-cap stocks for investors to buy to generate high returns. In chat with Zee Business Manging Editor Anil Singhvi in popular show Special Mid Cap Stocks With Anil Singhvi, Sethi explained why these three stocks are poised to do well from here and give bumper returns. (#SPLMidcapStocks)
Market analyst Vikas Sethi today recommended three mid-cap stocks for investors to buy to generate high returns. In chat with Zee Business Manging Editor Anil Singhvi in popular show Special Mid Cap Stocks With Anil Singhvi, Sethi explained why these three stocks are poised to do well from here and give bumper returns. (#SPLMidcapStocks).
Top Stocks To Buy: VST Tillers
Today, Sethi recommended a stock from the agri theme with a long term view. This stock has been recommended by him on previous occasions. This stock is VST Tillers which is a fundamentally strong company.
It was trading at Rs 1819 at the time of recommendation. He recommended buying in this stock around Rs 1800. He puts the target price at Rs 2250 and has a 9-12 month view on VST Tillers.
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Top Stocks To Buy: Cignity Tech
The technical analyst picked an IT stock with a positional medium term perspective. He picked Cignity Tech. It is a leading company which gives artificial intelligence services to engineering companies, he said.
The stock is attractive in terms of valuations and is available at a PE multiple of 10. The fundamentals of this company are good. He advised investment on a medium positional term basis. It was trading around Rs 387 at the time of recommendation. He puts the target price at Rs 430 while the stop loss at Rs 355.
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Top Stocks To Buy: HIL
Another stock picked by him was Hyderabad Industries Limited, a stock that he called excellent. HIL declared its Q4 results recently and they were quite strong, Sethi said. It is into the business of building and construction. The company has been focusing on reducing its debt from the last few quarters.
It was trading around Rs 3949 at the time of recommendation. It is available at cheaper valuations as the stock is trading at a PE multiple of 12-13.
He puts the target price at Rs 4100 while the stop loss at Rs 3875.
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