Mid-cap Stock Picks with Anil Singhvi: Analyst Siddharth Sedani picks Orient Cement, Ingersoll Rand, NFL shares for top returns
In todays edition of Special Mid Cap stocks with 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 why he recommended these stocks and by how much will they make you richer
In today’s edition of Special Mid Cap stocks with 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 why he recommended these stocks and by how much will they make you richer.
Top Stocks To Buy: Orient Cement
Sedani picked a stock from the cement sector calling it a strong counter with great potential. This company is Orient Cement. The company’s is now worked at 100 per cent capacity, he said. The company is also looking to increase its capacity further from the current 3.5 million tn to 11.5 million tn by 2024.
He said that Orient Cement is strong fundamentally too. He puts the target price at Rs 171.
This stock was trading at Rs 134 at the time of recommendation.
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Top Stocks To Buy: Ingersoll Rand
As for positional medium term pick, Sedani chose Ingersol Rand. He said that it is now ready to fully serve the country. This company manufactures air compressors. It is world leader in this segment, he said.
It is a multinational company with strong US parentage, he further said.
The stock was trading at Rs 830 at the time of recommendation. He puts the target price at Rs 904.
Top Stocks To Buy: NFL
This analyst picked National Fertilizers Limited (NFL) as his short term pick. He said that the government has increased subsidy on DAP fertilizer, which will help the company’s cause. He said that it is the second largest fertilizer manufacturer in the country.
This stock was trading around Rs 70 at the time of recommendation. He puts the target price at Rs 80 saying that the upside is open from here in the NFL stocks.
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