Stock to Buy with Anil Singhvi: Va Tech Wabag, Ramco cement are Vikas Sethi's top two picks for very short term

Market analyst Vikas Sethi on Thursday talked to Zee Business Managing Editor Anil Singhvi and recommended two stocks that could generate good return for investors in short term. He picked two stocks—one from cash market and another from F&O space. The analyst gave buy calls for both of these scrips.  

Talking about his cash market pick, Sethi said he has picked this stock keeping Budget 2021, its fundamentals and correction in mind. He picked Va Tech Wabag from cash market.

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सदाबहार सेठी सा'ब: विकास सेठी की शॉर्ट टर्म में दमदार रिटर्न देने वाली कैश और F&O सेगमेंट की 2 बेहतरीन PICK@AnilSinghvi_ @vikassethi_SF pic.twitter.com/0U2Of8T7X6

— Zee Business (@ZeeBusiness) January 28, 2021

"This stock has already seen correction and is an Indian MNC, which deals in water treatment, desalination and similar business. The company has its presence in more than 20 countries. It has a very strong order book of Rs 12,000 crore. The company is also likely to benefit from Budget 2021. It is also one of the biggest beneficiaries of the government's ambitious project 'Namami Gange'. This stock which is trading around Rs 190 should be bought for a target of Rs 210 and stoploss for this scrip will be Rs 180," Said Vikas Sethi, adding this target will be achieved in a very short term.  
 

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Talking about his pick from F&O space, he said it is the biggest cement company of South. Picking Ramco cement, he said results of most cement companies are good and the sector is likely to remain in focus.

"The government is about to talk about infra push in the budget 2021 and that will also help cement stocks. The company is also due for its result on February 3. The stock which is trading around Rs 782 to 783 in February Future, it should be bought for target of Rs 810. The stoploss should be Rs 770," added Vikas Sethi.