Mid-Cap Stock Picks With Anil Singhvi: Vinati Organics, Deccan Cement and Galaxy Surfactants are stocks to buy, says Siddharth Sedani
Your favourite business channel Zee Business always wants you, as an investor, to reap bumper returns from your investments in the stock markets, and that's why Zee Business Managing Editor and Market Guru Anil Singhvi suggests best stocks to buy through his panel of eminent market voices and share bazaar experts.
Your favourite business channel Zee Business always wants you, as an investor, to reap bumper returns from your investments in the stock markets, and that's why Zee Business Managing Editor and Market Guru Anil Singhvi suggests best stocks to buy through his panel of eminent market voices and share bazaar experts.
The Market Guru spoke to Siddharth Sedani, to know the latter's Short Term, Positional and Long Term mid cap stock picks having strong fundamentals for reaping smart returns. And, here we list them all.
Positional pick – Vinati Organics
#SPLMidcapStocks | शॉर्ट टर्म, पोजीशनल और लॉन्ग टर्म में शानदार रिटर्न के लिए आज आनंद राठी सिक्योरिटीज के सिद्धार्थ सेडानी के मजबूत फंडामेंटल वाले 3 बेहतरीन मिडकैप स्टॉक्स#ZBizBazaar #Midcap #MidcapStocks @AnilSinghvi_ @s_sedani05 pic.twitter.com/V7r8YN9zNp
— Zee Business (@ZeeBusiness) January 7, 2021
Vinati Organics stock is the pick from a specialty chemical segment. It has since grown to become the world's largest manufacturer of IBB & ATBS and India's largest manufacturer of IB & HP MTBE. The company's products are exported to customers in countries across Europe, America, and Asia. ATBS revenue has declined since the past few months, however it seems traction will gain going further. Vinati Organics has huge expansion plans and big orders are being expected for the company in the coming quarters. Vinati Organics should be bought at current levels for the target of Rs 1475.
Long Term Pick: Deccan Cement
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Deccan Cement target price on Deccan Cement is Rs 514 (35% potential upside) from current levels. EBITDA per ton stood at 1100 in Q2 was the record highest number for the company. Deccan Cement majorly functions in Andhra Pradesh and Telangana. Fundamentals of the company are extremely good and the balance sheet is strong. Investors should invest in Deccan Cement at current levels.
Short Term Pick: Galaxy Surfactants
Galaxy Surfactants stock is the pick from a specialty chemical segment. Surfactant is the chemical which is used by FMCG companies, products used in consumer-centric Home and Personal care like hair care, oral care, skin care, cosmetics, soap, shampoo, lotion, detergent, cleaning products etc. Galaxy Surfactant is an Indian MNC company that manufactures 200+ products, Caters to 1750+ customers and has its presence in 80+ countries. The margins of the company are extremely strong. Galaxy Surfactants is increasing their capacity by Rs 1300 cr this year and by Rs 1500 cr next year. The target price on Galaxy Surfactants stock is Rs 2500.
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