Shares to buy with Anil Singhvi: SPL Mid Cap Stocks - Jay Thakkar recommends Alkem Lab, Heranba Industries, Finolex Cables | Stop-loss, targets and more

Zee Business Managing Editor and Market Guru, Anil Singhvi in the show SPL Mid Cap Stocks spoke to Jay Thakkar, Head of Research & Vice President (Fundamental, Technical, Derivatives & Algo) at Marwadi Shares and Finance Ltd, to know his stock recommendations.

LONG-TERM PICK: Finolex Cables

Jay Thakkar chose Finolex Cables as his long term pick. Jay said, “Finolex Cables is slowly and gradually growing and a great momentum is being seen in the company's performance. The special thing is that the downfall that is being seen today in the market has not impacted it. In fact, the low-level recovery comes very strongly.” He added, “So, this is the one stock which is outperforming.”
Thakkar said, “The current market price is Rs. 588. With a stop loss of Rs. 464, the target prices are Rs. 800 and Rs. 900.”

POSITIONAL PICK: Heranba

Anil Singhvi then asked about the positional pick, to which Jay replied, “I choose Heranba Industries for the positional pick category. As a disclaimer, I want to mention that this was also recommended as Diwali stock. The target points for this will be Rs. 928 and the stock credit is nearly Rs. 680. So, the upside potential can be seen as more than 30%. Positive diversion is being seen in this industry and targets will be achieved easily.”

SHORT TERM PICK: Alkem Labs

About the question of Short term pick by Anil Singhvi, Thakkar responded, “I am suggesting to buy the stocks of Alkem Lab for the short-term pick. At the present, its stock is on the negative side, between Rs. 3400- Rs. 3500, but in my opinion, it will show a good move in the short term. The target will be Rs. 3936 with a stop loss of Rs. 3200. So, with the target of Rs 3936 Alkem Lab will be a good option.”
 

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शॉर्ट टर्म, पोजीशनल और लॉन्ग टर्म के लिए जय ठक्कर के 3 बेहतरीन मिडकैप Picks

Short Term- Alkem Lab

Positional Term- Heranba Industries

Long Term- Finolex Cables#SPLMidcapStocks | #MidcapStocks@AnilSinghvi_ | @deepdbhandari | @JayThakkar22 pic.twitter.com/cyYvCEhgZs

— Zee Business (@ZeeBusiness) December 3, 2021