Sanjiv Bhasin strategy, stocks today: Buy Tata Motors, Vedanta, Tata Chemicals, GMR Airports and L&T shares - check price targets
Sanjiv Bhasin Stocks, Recommendations: IIFL Securities director Sanjiv Bhasin said that he is optimistic on IT stocks.
Sanjiv Bhasin Stocks, Recommendations: IIFL Securities director Sanjiv Bhasin said that he is optimistic on IT stocks. In a special segment 'Bhasin Ke Haseen Share' aired on Zee Business today, he said that Infosys, HCL Tech and Persistent Systems have been outperformers. "Same situation is with Can Fin Homes, Samvardhana Motherson International, L&T. Hence, don't miss the opportunity for next 2-3 months and PSUs will lead the way."
Sanjiv Bhasin Stocks to Buy today, February 10, on Zee Business
Tata Motors
The Mumbai headquartered multinational automotive manufacturing company is part of the Tata Group. The company produces passenger cars, trucks, vans, coaches and buses. Sanjiv Bhasin noted, "If Tesla shares can be compared with any company in the world, it is with the India's Tata Motors. They are witnessing the strongest-ever growth, moreover, China is back. Tata Motors Slovakia unit is seeing record business. So it's a must tap."
Price: Rs 432.75
Target: Rs 475
Stop Loss: Rs 425
Vedanta
The Mumbai headquartered multinational mining company has main operations in iron ore, gold and aluminium mines in Goa, Karnataka, Rajasthan and Odisha. The market expert said, "The company gave Rs 30 dividend and is purely a no brainer."
Price: Rs 309.10
Target: Rs 400
Stop Loss: Rs 295
Tata Chemicals
The market veteran said, "Turkey is the biggest supplier of soda ash but it's prices are going up due to deadly earthquake in the region. Back home, Tata Chemicals is the biggest producer in Asia. It can be rerated by 10 per cent." The Mumbai headquartered company is an Indian global company with interests in chemicals, crop protection and specialty chemistry products headquartered in Mumbai, India. The company is one of the largest chemical companies in India with operations in India, Europe, North America and Africa.
Price: Rs 1012.95
Target: Rs 1100
Stop Loss: Rs 990
Larsen & Toubro (L&T)
L&T is an Indian multinational conglomerate company, with business interests in engineering, construction, manufacturing, technology, information technology and financial services, headquartered in Mumbai. The company is counted among world's top five construction companies. Bhasin said, "L&T is a must have in portfolio as must have seen the quarterly results of other cement companies."
GMR Airports
The New Delhi headquartered multinational conglomerate comprises several companies including GMR Infrastructure, GMR Energy, GMR Airports, GMR Enterprises.
Price: Rs 38.85
Target: Rs 43
Stop Loss: Rs 37.50
Bhasin Ke Haseen Shares
IIFL सिक्योरिटीज के संजीव भसीन का बाजार पर क्या है आउटलुक?
#SanjivBhasin ने आज Tata Motors, Vedanta, Tata Chemicals, GMR Airports और L&T में क्यों दी निवेश की सलाह?@AnilSinghvi_ @sanjiv_bhasin @iiflsecurities
LIVE - https://t.co/NisXmbKkkm pic.twitter.com/Hg0RhHNZxU
— Zee Business (@ZeeBusiness) February 10, 2023
Get Latest Business News, Stock Market Updates and Videos; Check your tax outgo through Income Tax Calculator and save money through our Personal Finance coverage. Check Business Breaking News Live on Zee Business Twitter and Facebook. Subscribe on YouTube.
RECOMMENDED STORIES
Retirement Planning: SIP+SWP combination; Rs 15,000 monthly SIP for 25 years and then Rs 1,52,000 monthly income for 30 years
Top Gold ETF vs Top Large Cap Mutual Fund 10-year Return Calculator: Which has given higher return on Rs 11 lakh investment; see calculations
Retirement Calculator: 40 years of age, Rs 50,000 monthly expenses; what should be retirement corpus and monthly investment
SBI 444-day FD vs Union Bank of India 333-day FD: Know maturity amount on Rs 4 lakh and Rs 8 lakh investments for general and senior citizens
EPF vs SIP vs PPF Calculator: Rs 12,000 monthly investment for 30 years; which can create highest retirement corpus
Home loan EMI vs Mutual Fund SIP Calculator: Rs 70 lakh home loan EMI for 20 years or SIP equal to EMI for 10 years; which can be easier route to buy home; know maths
01:58 PM IST