Mid-cap Picks With Anil Singhvi: Vikas Sethi recommends GNFC, Rallis India and Tata Metaliks for good returns

On the Special Midcap Stock Picks show, market analyst Vikas Sethi in conversation with Zee Business Managing Editor Anil Singhvi recommended three stocks for good returns. These stocks were recommended for long-term, positional and short-term duration, ranging from 1 month to 12 months. Let's look at Vikas Sethi picks today and understand why the market analyst picked these three stocks.  

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Talking about his Long-term pick, Vikas Sethi said, this is a very 'common pick' with good fundamentals. Picking GNFC share for his long-term recommendation, Sethi said this company also has his business in FMCG and launches several FMCG products. "It is a leading TDI company, which has more than 50 per cent market share in India.  There is also a report that the government is planning to increase import duty on one of its products, which is also likely to help the company. Valuation wise also it is available on very attractive rate. It is a stock with limited downside and should be bought with one year horizon for target of Rs 325," he said.  

Find detail anaysis in the video below:

सदाबहार सेठी सा'ब ने आज शॉर्ट टर्म, पोजीशनल और लॉन्ग टर्म में आपके दमदार मुनाफे के लिए किन 3 मिडकैप शेयरों में दी खरीदारी की राय? #SPLMidcapStocks @AnilSinghvi_ @vikassethi_SF pic.twitter.com/74Y761GL3E

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For positional pick, Sethi suggested Rallis India. He said it is a Tata group company, which caters in the business of seeds, crop protection and fertilizers. It is a very good company with strong fundamentals and is a must buy. Positionally, my target for this stock is Rs 290 and stoploss would be Rs 245.  

About short-term pick, the market analyst said it is again a Tata group company and Tata Steel owns 60 per cent stake in this company. Revealing the name, he said Tata Metaliks deals in duct iron pipe business and is the leading company in its segment. Ductile iron pipe is used in water transportation and the way the government has focused on agriculture and allied sectors in the budget, it is definitely going to help it. He suggested a short-term target of Rs 785 and put a stoploss at Rs 740 for this counter.