Stocks to buy: Sanjiv Bhasin picks Bajaj Auto, PFC, Tata Motors for gains today; Check why
Stocks to Buy: Market expert and IIFL Securities Director Sanjeev Bhasin on Tuesday spoke to Zee Business Managing Director and Market Guru Anil Singhvi in the popular TV show ‘Bhasin Ke Hasin Share', in which, he picked three stocks for investors that can yield high returns.
Stocks to Buy: Market expert and IIFL Securities Director Sanjeev Bhasin on Tuesday spoke to Zee Business Managing Director and Market Guru Anil Singhvi in the popular TV show ‘Bhasin Ke Hasin Share', in which, he picked three stocks for investors that can yield high returns.
Talking about the updates on the market, Bhasin said Bank Nifty and Nifty, suggested yesterday, are outperformers. Titan, Hindalco, GMR, IEX, and Tata Chemical, suggested by Bhasin, are also performing well.
For Today, Bhasin recommended three buy calls that will help investors make money in the near term.
Bajaj Auto Fut
Bhasin recommended Bajaj Auto stocks as his first pick. He said the buyback will come on Bajaj Auto on 27th. The company has 140 dividends. The buyback that is going to happen after so many years will not be a small buyback, he further said. He believes that 4500 would be the minimum buyback and the ratio would be great.
Price: Rs 3509
Target: Rs 3750
Stop Loss: Rs 3425
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जानिए IIFL सिक्योरिटीज के संजीव भसीन ने आज #BajajAuto Fut के साथ और किन शेयरों में दी निवेश की सलाह?@AnilSinghvi_ | @sanjiv_bhasin | @iiflsecurities pic.twitter.com/KInQAryht8
— Zee Business (@ZeeBusiness) June 21, 2022
PFC Fut
Bhasin recommended Power Finance Corporation Ltd as his second pick. He said Power Financers are in the best possible way. The distribution and recoveries are good, he added. PFC has the lowest cost of borrowing. 8% dividend deal 101.
Price: Rs 102.50
Target: Rs 107
Stop Loss: Rs 97.50
Tata Motors Fut
Bhasin recommended Tata Motors stocks as his third pick. He said this stock is at an unbelievable price.
Price: Rs 398.05
Target: Rs 440
Stop Loss: Rs 385
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04:55 PM IST