Stock To Buy: Sandeep Jain picks Stylam Industries for strong short-term returns; Check price target

Stocks to buy: Market expert Sandeep Jain on Friday recommended buying Stylam Industries for better returns in the near term. In a special segment ‘Jain Saab Ke GEMS' aired on Zee Business with Managing Editor Anil Singhvi, he said that the company's fundamentals are strong.

The company is the largest laminate production company in the country. Apart from this, the company has the largest laminate plant in Asia. Recently, the company has also sponsored a team in the IPL, he said.

As per Jain, Stylam Industries share price could jump 10-15 percent from the current level in the 6-7 months. 

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जैन सा'ब के GEMS...

आज Stylam Industries Ltd को क्यों चुना संदीप जैन ने ?

संदीप जैन से जानिए कंपनी के फंडामेंटल्स, तेजी के ट्रिगर्स और टार्गेट..@SandeepKrJainTS @AnilSinghvi_ #StockMarket

देखिए LIVE - https://t.co/6fkEOy34jo pic.twitter.com/NxfpYDiWdp

— Zee Business (@ZeeBusiness) August 5, 2022

Stylam Industries Ltd - Buy
Price: 1120.55
Target: 1250/1290
Duration: 6-7 months

Company's Fundamentals
In today's session, Stylam Industries share price jumped over 2.50 percent to hit Rs 1,129 apiece intraday on the NSE. It has generated over 35 percent returns in one months while delivered negative return in last one year.