Stocks to buy: Siddharth Sedani picks Polycab, Bajaj Finance, Affle India, DMart for bumper gains | Sid Ki Sip
Market expert Siddharth Sedani listed the companies that have been continuous compounders and have been showing 20% growth for the last about 3-5 years.
Stocks to buy: Are you planning to build a good portfolio and wondering how much allocation should be done in which share?
Market expert and Zee Business panelist Siddharth Sedani on Thursday, October 6, recommended companies for investment whose focus is on capacity expansion for bumper gains.
In a special edition 'Sid Ki Sip' aired on Zee Business with Managing Editor Anil Singhvi, Siddarth said that he has picked stocks under the theme 'Series of win''. He highlighted these companies have been continuous compounders and have been showing 20% growth for the last about 3-5 years. There have been both organic and inorganic growth in the companies with top level management and have been growing double the rate of market. Future growth too looks promising. These companies have shown a growth of about 20% for the straight 12 quarters.
Let's take a deep dive into these companies
Polycab India Ltd
Siddarth recommended Polycab India as his first pick. Polycab is one of India's leading manufacturers of cables and wires and allied products such as uPVC conduits and lugs and glands.
Target - Rs 2,755
Return - 5% (1 year)
Allocation - 30%
Bajaj Finance - Subsidiary of Bajaj Finserv, an Indian non-banking financial company
Target - Rs 7,690
Return - 6% (1 year)
Allocation - 30%
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/J24b2BeUSj
— Zee Business (@ZeeBusiness) October 6, 2022
Avenue Supermarts Limited, D-mart - Retail corporation that operates a chain of hypermarkets in India
Target - Rs 5,000
Return - 12% (1 year)
Allocation - 20%
Affle (India) Ltd
Target - Rs 1,330
Return - 7% (1 year)
Allocation - 20%
These companies have shown promising results in the last 3 years and are expected to continue the same trend.
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