Shares investors should pick: In chat with Anil Singhvi, analyst Vikas Sethi recommends VA Tech Wabag, KRBL, BPCL as top stocks to buy for handsome gains
Analyst Vikas Sethis first stock was from the cash market and he recommended VA Tech Wabag. He called it a very strong company and a true MNC with a global presence. It operates in water treatment sector and has operations in over 20 countries, Sethi said. It is also a beneficiary of government projects
Top stocks to buy: In today’s edition of the popular TV show ‘Sadabahaar SethiSaab’ with Zee Business Managing Editor Anil Singhvi Market Analyst Vikas Sethi picked three stocks today – two from the cash market while the third from the Futures and Options (F and O) market. The stocks were recommended with a short term view. Know which stocks he recommended today and why?
Top Stocks To Buy: VA Tech Wabag
Analyst Vikas Sethi’s first stock was from the cash market and he recommended VA Tech Wabag. He called it a very strong company and a “true” MNC with a global presence. It operates in water treatment sector and has operations in over 20 countries, Sethi said. It is also a beneficiary of government projects.
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This stock was trading around Rs 279 at the time of recommendation. He puts the target price at Rs 295 while the stop loss at Rs 265.
Top Stocks To Buy: KRBL
Another stock picked by him was also from the cash market and this stock is KRBL, a company which is into rice exports. It is the world’s largest exporter of Basmati rice. The brand is India Gate which is a very popular brand, he said.
It is a company with strong fundamentals and negligible debts, he further said.
This stock was trading around Rs 242 at the time of recommendation. Available at a PE multiple of 10, this stock remains well placed in terms of valuations, he said. He puts the target price at Rs 260 while the stop loss at Rs 230.
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Top Stocks To Buy: BPCL
The third pick is from F and O segment. He recommended BPCL. May futures were trading around Rs 452 at the time of recommendation. The company will be announcing dividend and Q4 results on 26 May which are expected to remain strong.
He puts the target price at Rs 480 while the stop loss at Rs 440.
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