Stocks to buy with Anil Singhvi: Sandeep Jain recommends DB Corp shares today—here is why
Stocks to Buy with Anil Singhvi: In the 'Jain Sahab Ke Gems' show on Tuesday, stock market analyst Sandeep Jain, while speaking to Zee Business Managing Editor and Market Guru Anil Singhvi, recommended another stock to investors for good returns. Picking D.B. Corporation Limited shares, Jain said the stock has the potential to give high returns to investors.
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D.B. Corporation Limited is a print media and publishing company. The company is engaged in the sale of newspapers and magazines, and advertisement revenue. The Company also has a presence in the radio and digital sectors. Its segments include Printing/Publishing, Radio, Event, Internet, and Power.
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जैन सा'ब के GEMS...
जानिए संदीप जैन ने आज आकर्षक वैल्युएशंस और मजबूत फंडामेंटल वाले किस शेयर को चुना आपके मुनाफे के लिए?@AnilSinghvi_ @SandeepKrJainTS pic.twitter.com/WsJFDW27dp
— Zee Business (@ZeeBusiness) May 25, 2021
"If we talk about the fundamentals of D.B. Corporation, the good thing is that this company has a PE multiple of 15 at present. The return on capital employed of the company is 19-20 percent and the sales CAGR of the company has been good for the last seven-eight years.
Also, D.B. Corporation has reduced its debts in the last few years. The promoters have 72 percent holdings in the company and both FIIs and DIIs have 18-19 percent stakes in the company. The stocks of D.B. Corporation are available at corrected levels. I'm very bullish on this stock," Jain said during the show.
D.B. Corporation Limited: Investors Strategy
On what should be the strategy that a stock market investor can maintain in regard to D.B. Corporation shares, Jain told Anil Singhvi," D.B. Corporation Limited stock is currently trading around Rs 98.25 and one can target this stock at Rs 120-125."
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