Midcap stocks to buy with Anil Singhvi: Vikas Sethi picks Hyderabad Industries Ltd, Power Mech Projects, Emami Paper for gains

In Monday's edition of 'Special Mid Cap Picks', market expert Vikas Sethi, Managing Director of Sethi Finmart, tells Zee Business that he is bullish on three stocks, namely Hyderabad Industries Ltd, Power Mech Projects and Emami Paper in the long term, positional and short-term categories respectively.

Speaking with Zee Business Managing Editor Anil Singhvi, Sethi explained why he thinks investors should buy these stocks for good returns.

Long Term- Hyderabad Industries Limited (HIL Ltd)
Hyderabad Industries Limited is the long-term pick of the expert. He said that the company is very strong. The firm is known for its roofing solutions, polymer solutions, building solutions and flooring solutions. They also have a very popular brand of roofing solutions named Charminar and 30%-35% of their revenue come from that. It has a very good country-wise distribution network and the fundamentals are also very good. The focus of the company is on reducing debt.
Target: Rs 4500
Duration: 9-12 months

Positional Term- Power Mech Projects
The market expert picked Power Mech Projects for the positional category. He said this stock trades at Rs 950 level. He further said the power sector is in focus and Power Mech Projects is a very strong company. The firm provides engineering and construction services. It has solid fundamentals and excellent order booking. FIIs and DIIs also have an interest of 12%-13% in the company.
Target: Rs 1000
Stop Loss: Rs 930
Duration: 3-6 months

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शॉर्ट टर्म, पोजीशनल और लॉन्ग टर्म के लिए सेठी फिनमार्ट के MD विकास सेठी से 3 बेहतरीन #MidcapStocks

Short Term- Emami Paper

Positional Term- Power Mech Projects

Long Term- Hyderabad Industries Limited#SPLMidcapStocks #StocksToBuy @AnilSinghvi_ @vikassethi_SF pic.twitter.com/Kw2qV7uLzI

— Zee Business (@ZeeBusiness) May 9, 2022

Short Term- Emami Paper
Sethi said that he has picked Emami Paper for the short-term category. He said that this sector is in focus these days. The expert further said that this is a strong company and belongs to Emami Group. The performance of the December quarters was also very good, where there was a PAT of Rs 2 crores which increased to Rs 23 crores. And the kind of bullishness being seen in the price and demand of paper, it is expected that the results of this quarter have also turned out to be very good.
Target: Rs 170
Stop Loss: Rs 150
Duration: 1-3 months