Midcap picks with Anil Singhvi: Ashish Kukreja picks Greenlam Industries, Ashiana Housing, Clean Science for HIGH returns
In chat with Anil Singhvi, Managing Editor at Zee Business, market expert Ashish Kukreja picked three midcap stocks namely Clean Science and Technology Ltd, Ashiana Housing Ltd and Greenlam Industries Ltd for great returns.
In chat with Anil Singhvi, Managing Editor at Zee Business, market expert Ashish Kukreja picked three midcap stocks namely Clean Science and Technology Ltd for short term, Ashiana Housing Ltd for positional term and Greenlam Industries Ltd for long term investment for great returns.
Long Term Pick- Greenlam Industries Ltd
Ashish picked Greenlam Industries for long term investment and said the company has faced pressure on margins due to raw materials and it was also seen in its results but over the frame of time the management of the company has proved itself.
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He said that the stock of the company can give good returns in long run and gave a target of Rs 2000.
Positional Pick- Ashiana Housing Ltd
The market expert picked Ashiana Housing for positional or mid term investment and said that the management of the company is very good. He said that the company is going to bring projects in Pune, Gurgaon, Jaipur, etc. and is also going to introduce projects in Tier-I town by moving out of its comfort zone.
It has also made certain land acquisitions in recent time. Ashish gave a target of Rs 225 and said that investors who are interested in long term portfolios can keep this stock for long term as well.
Short Term Pick- Clean Science and Technology Ltd
Speaking on his short term pick Clean Science and Technology Ltd, Ashish said that it is a good company and its fundamentals are also very strong. He added that the complex formulations which are being used in Agri, FMCG, Pharma sector, the company is a world leader of those formulations.
The market expert said that the company has a strong promoter holding and gave a target of Rs 1750.
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