Special mid-cap stock picks with Anil Singhvi: Unichem Laboratories, Repco Home Finance, Macrotech Developers are top shares to buy, says analyst Ashish Kukreja
In todays edition of Special Mid Cap Picks With Anil Singhvi, analyst Ashish Kukreja recommends three stocks for high returns. The stocks he picked today are from pharma, housing finance, and real estate sectors. These stocks have been recommended with a long-term and positional medium-term views. Know which stocks this analyst selected today and why are they poised well now for an upward trend?
In today’s edition of Special Mid Cap Picks With Anil Singhvi, market analyst Ashish Kukreja recommends three stocks for high returns. The stocks he picked today are from the pharma, housing finance, and real estate sectors. These stocks have been recommended with a long-term and positional medium-term views. Know which stocks this analyst selected today and why are they poised well now for an upward trend?
Top Stocks To Buy: Unichem Laboratories
Market analyst Kukreja today picked a stock from the pharmaceuticals space. He recommended Unichem Laboratories, a stock that has been previously recommended by him and has also achieved its targets.
At current levels, the valuation of this stock is still attractive, he said. This stock was trading around Rs 332 at the time of the recommendation. It’s a no-brainer stock and he will not be surprised if this stock tests levels between Rs 450 and Rs 500, he said.
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He has a 1-year view on this stock.
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Top Stocks To Buy: Repco Home Finance
The technical analyst picked Repco Home as his positional medium-term stock. It is in the Housing Finance space. With excellent top management, it is a very well-run company, Kukreja said. He said that it is the most attractive play in the HFC segment. As things start opening up they are likely to expand. The company has plans to open 15-20 branches this year.
This stock was trading around Rs 376 at the time of the recommendation. It has limited downside, he added. With a 3-6-month view on Repco Home, he puts a target price between Rs 425 and Rs 450.
Top Stocks To Buy: Macrotech Developers
This analyst also picked a stock from the real estate sector. This stock was Macrotech Developers and it was trading around Rs 694 at the time of the recommendation. It is a big player in Mumbai and has a good grip on middle-income housing.
He expects a target price of Rs 900-1000 in the near term to long-term period.
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