Midcap Picks With Anil Singhvi - Siddharth Sedani recommends 3 stocks for bumper returns

Market analyst Siddharth Sedani today recommended three mid-cap stocks for investors to buy to generate high returns. In today’s edition of Special Mid Cap stocks show with Zee Business Managing Editor Anil Singhvi, Sedani picked stocks with long term, positional medium term and short-term view.

Long Term Pick: Suven Pharma

The analyst points out three reasons why Suven Pharma could give huge returns on buying. Sedani predicts, "In next two years, around 15-20 per cent of growth is expected; it could bring three-five molecules each year in contract manufacturing and the same domain, the company works in pharmaceutical and speciality chemical, which could be bumper growth for this company. Besides, the company is debt free."

See Zee Business Live TV Streaming Below:

Terming it as spectacular company financially and fundamentally, analyst sets Rs 594 per share target in long-term view for next 9-12 months.

Positional Term Pick: Graphite India

With a target of Rs 590 per share for three-six months, the analysts bank on rising metal prices and due to which realisation of electrodes is getting better. He said, Graphite India's destocking from Graphite electrodes is positive, and would help to improve the realisation.

शॉर्ट टर्म, पोजीशनल और लॉन्ग टर्म में किन मिडकैप शेयरों में बनेगा पैसा?

सिद्धार्थ सेडानी से जानिए 3 बेहतरीन SPL मिडकैप स्टॉक्स...#SPLMidcapStocks @AnilSinghvi_ @s_sedani05 pic.twitter.com/bAY2LBInoM

— Zee Business (@ZeeBusiness) April 1, 2021

Short Term Pick: Vinati Organics

In the short-term pick, the analyst recommends buying Vinati Organics with a target of Rs 1475 per share. The FY21 third quarterly results of the company were pretty good, and the analyst is expecting more growth in the fourth quarter.

The company is world leader in ATBS chemical, which analyst terms as revival here. Moreover, Vinati Organics is trying to do an amalgamation of Viral Additives, which make antioxidants. This company is going to be very good buying, analyst concludes.