SID ki SIP with Anil Singhvi: Global to Local! NFIL, Indian Hotels, IEX and KIMS are Siddharth Sedani's top picks for high returns
The Russia-Ukraine tension has kept the global market volatile. So, it's time to focus more on the domestic market and that is the theme he picked for today - 'Global to Local'.
In conversation with Zee Business Managing Editor Anil Singhvi, market analyst Siddharth Sedani recommended stocks keeping a view on geopolitical tension between Russia-Ukraine and US Fed rate hike. The Russia-Ukraine tension has kept the global market volatile. So, it's time to focus more on the domestic market and that is the theme he picked for today - 'Global to Local'.
The market analyst said that the focus on local firms would expand as a result of the Fed's interest rate hike. He suggested investing in local businesses - the company that works locally and does not see much import-export and at the same time, their earnings should be great.
Siddharth picked four stocks to invest in for great returns at this period of global tension and the US Fed rate hike. The four stocks include Navin Fluorine International Ltd., Indian Hotels, IEX, and KIMS.
Navin Fluorine International Ltd. (NFIL)
Sedani recommended Navin Fluorine International Ltd. stocks. He said Navin Florine has got a contract of Florine-based Specialty Chemicals platform for 5 years of Rs 800 crores from MNC. The gross margin has also increased by 1.7%, Capex to Rs 125 crore, profit 49%, and revenue may grow by 40% for the coming 2 years. He suggested investing Rs 30 out of Rs 100 for this stock.
Target: Rs 5050
Return: 32%
Allocation: 30%
Indian Hotels
Sedani recommended Indian Hotels stocks like Taj, Nivanta, Ginger, Cumin for high returns. He said Indian hotels are doing very well. The recovery reaches its pre-covid levels and the wedding season has done great for them. Also, the recovery in Q3 looked very strong, market share has increased and due to the operating leverage and cost savings that are being done, there can be a lot of push. Invest Rs 30 out of Rs 100 for this stock, he suggested.
Target: Rs 254
Return: 23%
Allocation: 30%
IEX - Indian Energy Exchange
Sedani recommended Indian Energy Exchange stocks for high returns. He said its 95% market share is domestic, debt-free business, 38% growth seen, 60%-68% margin, and monopoly business. It's a bumper stock. He suggested investing Rs 30 out of Rs 100 for this stock too.
Target: Rs 317
Return: 43%
Allocation: 30%
KIMS - Krishna Institute of Medical Sciences
This analyst recommended KIMS stocks for high returns, listed only a few months ago. He said the entire business is in Telangana, Andhra Pradesh. They have more than 3000 beds. Simultaneously, this company has acquired Sun Shine Hospital Company and there are plans to bring more beds approx 1650 - 1800 in 3 years. The margins came to 33% and profit potential was above 70%. So KIMS is also a very strong business in the domestic market. He suggested investing Rs 10 out of Rs 100 for this stock.
Target: Rs 1750
Return: 32%
Allocation: 10%
Don't worry about global, just focus on local; earning will be strong, he concluded.
For More Details Watch Full Video Here:
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