Stocks to buy with Anil Singhvi: Sandeep Jain recommends INEOS Styrolution today

In today's edition of 'Jain Sahab Ke Gems' show, stock market analyst Sandeep Jain, while speaking to Zee Business Managing Editor and Market Guru Anil Singhvi, named another stock for investors to make good gains from. Today, he has recommended a stock that he said has potential to give high returns to investors. The stock he picked today is INEOS Styrolution India Limited and here is why.

WATCH | Click on Zee Business Live TV Streaming Below:

According to Sandeep Jain, INEOS Styrolution India Limited manufactures absolac and absolan resins. The Company offers its products for manufacturing of home appliacances, automobiles, consumer durables, and business machines. INEOS Styrolution operates worldwide.

WATCH THE FULL COVERAGE ON ZEE BUSINESS BELOW:

जैन सा'ब के GEMS

आज कौन सा स्टॉक बना संदीप जैन की पसंद?

क्या हैं शेयर की विशेषताएं और किन लेवल्स पर कितने टार्गेट के लिए करें खरीदारी? जानें यहां@AnilSinghvi_ @SandeepKrJainTS pic.twitter.com/zTc29boQlH

— Zee Business (@ZeeBusiness) April 5, 2021

In today's episode, market analyst Sandeep Jain said, "The fundamentals of INEOS Styrolution are very strong. The company has reduced its debt in the last few years. The company has performed well in last few quarter results.  The PAT (profit after tax) of the company in 2020 September quarter was Rs 36 crore and in 2020 December quarter, the PAT of the company was Rs 103 crore."

INEOS Styrolution India Limited: Investors Strategy

On what should be the strategy that a stock market investor can maintain in regard to INEOS Styrolution India Limited shares, Jain told Anil Singhvi, "INEOS Styrolution India Limited stock is currently trading around Rs 969.00 and one can target this stock at Rs 1130."