Midcap picks to buy with Anil Singhvi: Siddharth Sedani picks Birla Corp, Cyient, Clean Science for high returns- Know the targets here
In chat with Zee Business Managing Editor Anil Singhvi market analyst Siddharth Sedani picked three midcap stocks that is Clean Science and Technology Ltd, Cyient Ltd and Birla Corporation Limited for high returns.
In chat with Zee Business Managing Editor Anil Singhvi market analyst Siddharth Sedani picked three midcap stocks for high returns. He suggested investors to invest in Clean Science and Technology Ltd for short term, Cyient Ltd for positional and Birla Corporation Limited for long term investment.
Long Term Pick: Birla Corporation Limited
Siddharth Sedani picked Birla Corporation Ltd as his long term investment stock. This cement company has a capacity utilisation of 90 per cent and is profitability has increased by 115 per cent in last quarter, volume growth is of 38 per cent YoY, company is going for a capacity expansion and an upswing can be seen in the demand.
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The market analyst said that a volume growth of 9 per cent can be expected in coming two years. He gave a target of 1758.
Positional Pick: Cyient Ltd
Sedani picked Cyient Ltd as the positional medium term pick. He said that it is a technology company which connects design led manufacturing with technology. He added that it is a net debt free company, have strong cash flow and the order intake has increased by 21 percent in last quarter.
The market analyst gave a target of 1240.
शॉर्ट टर्म, पोजीशनल और लॉन्ग टर्म के लिए सिद्धार्थ सेडानी के 3 बेहतरीन मिडकैप स्टॉक्स
Short- Clean Science
Positional- Cyient
Long- Birla Corp#SPLMidcapStocks #MidcapStocks @AnilSinghvi_ @s_sedani05 pic.twitter.com/rjR2cpUIOC
— Zee Business (@ZeeBusiness) September 16, 2021
Short Term Pick: Clean Science and Technology Ltd
He recommended Clean Science and Technology as his short term pick with a target price of 2020.
The specialty chemical company is showing growth since last two years, he said adding that the stock could see momentum, going forward. Clean Science is a debt free company, has a strong liquidity of around 200 crore and annual capacity expansion of 70 crore.
(Disclaimer: The views/suggestions/advises expressed here in this article is solely by investment experts. Zee Business suggests its readers to consult with their investment advisers before making any financial decision.)
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05:39 PM IST