Stocks to buy: HUL, UPL, TVS Motor, Supreme Industries - Check price targets
Siddharth Sedani recommendations, Stocks to buy today: He said that the majority of Indians live in rural areas, which leads to high consumption rates and demand.
SID KI SIP Zee Business Today, Stocks to buy: Zee Business panelist and market expert Siddharth Sedani on Thursday, December 1, picked four stocks under the theme of 'RURAL RETURNS' in a special show 'SID KI SIP' aired on the channel.
He said that the majority of Indians live in rural areas, which leads to high consumption rates and demand. The monsoon is normal and therefore the sowing season is robust. Also, the government has hiked the minimum support price (MSP).
Sedani recommended four stocks for good returns in the long term while keeping in mind the pillars of rural India's role in satisfying a sizable demand.
Siddharth Sedani stocks on Zee Business Today, 1 December
Hindustan Unilever Limited
According to Siddharth, the company is growing which would help to meet the increased per capita demand in rural areas. This business is a smart choice to invest in because the holiday season is underway and the need for beauty and self-care products is growing. Furthermore, HUL is gaining from a slash in the price of palm oil.
Price target- Rs 2951
Return (1 Year)- 10%
UPL Ltd
According to the market analyst, this company offers solutions for sustainable agriculture on a global scale. There are brand-new agrochemical products that this company will launch. Therefore, investing in this company will offer investors gratifying profits.
जानिए निवेश के लिए कंपनियां जिनका क्षमता विस्तार पर है फोकस..
थीम के हिसाब से किस शेयर में करें कितना एलोकेशन?
पोर्टफोलियो बनाने का शानदार मौका...
देखिए SID की SIP - Siddharth Investment Portfolio#SIDKiSIP | @AnilSinghvi_ | @s_sedani05 #StockInFocus | #StocksToBuy pic.twitter.com/aMwJZNNOTJ
— Zee Business (@ZeeBusiness) December 1, 2022
Price target- Rs 940
Return (1 Year)- 19%
TVS Motor
Price- Rs 1330
Return (1 Year)- 27%
Supreme Industries
It is a leader in the home pipe industry, he said. This enterprise will gain from the government scheme 'Nal Se Jal', which aims to supply piped drinking water to over 3 lakh houses. The volume growth for the company is currently around 9%.
Price target- Rs 2730
Return (1 Year)- 12%
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