SID Ki SIP: These 4 small cap companies can yield up to 16% return
Stocks to buy: Market expert Sedani noted that the small cap companies under the theme have shown phenomenal Q3 numbers. Margin pressures are likely to reduce and the next quarter results will be equally good.
Stocks to buy: Market expert Siddharth Sedani in a special segment ‘Sid Ki SIP’ aired on Zee Business on Wednesday (February 8) recommended stocks of four small cap companies to investors under the theme ‘Small Wonders’ for bumper return.
Sedani noted that the small cap companies under the theme have shown phenomenal Q3 numbers. Margin pressures are likely to reduce and the next quarter results will be equally good.
"IT, auto, manufacturing, consumption - the quarterly numbers from these sectors have been very strong and are expected to remain the same. Hence, I have chosen today's theme - small wonders with great numbers," Sedani said.
Four stock recommendations by Siddharth Sedani under ‘Small Wonders’ theme
KPIT Technologies Ltd
KPIT is an Indian multinational corporation which provides embedded software and product engineering services to automotive companies. The Pune headquartered company has development centers in India, Europe, USA, Japan and China.
Target: Rs 850
Returns in 1 year: 9%
Allocation: 30%
Craftsman Automation Ltd
Craftsman Automation is a small cap company operating in auto ancillaries sector. Sedani noted that the company is expected to grow by 18 per cent CAGR. "Company's revenue grew by 35 per cent in Q3 while profits grew by 37 per cent," he added.
Target: Rs 3,891
Returns in 1 year: 15%
Allocation: 30%
Tega Industries Ltd
The Kolkata headquartered company is a constituent of MM Group of Companies. It provides customised products and services for mining, mineral beneficiation, bulk material handling and slurry transportation industries.
Target: Rs 675
Returns in 1 year: 6%
Allocation: 20%
Blue Star Ltd
Blue Star Ltd is an Indian multinational home appliances company headquartered in Mumbai. It specializes in air conditioning, commercial refrigeration and MEP. It is the country's second largest homegrown player in the air conditioning space.
Target: Rs 1,593
Returns in 1 year: 16%
Allocation: 20%
SID की SIP: क्यों चुनी 'Small Wonders' थीम?
किस शेयर में कितना पैसा लगाएं?
दमदार थीम वाले शेयरों में करें निवेश
सिद्धार्थ सेडानी के पसंदीदा शेयर जानने के लिए देखिए ये वीडियो...
https://t.co/o8Mlcv669C@AnilSinghvi_ @s_sedani05 #StockInFocus #StocksToBuy pic.twitter.com/QgNlTsS7iD
— Zee Business (@ZeeBusiness) February 8, 2023
ITC Share price target brokerage firm ICICI Securities bullish buy rating
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
03:13 PM IST