Stocks to buy with Anil Singhvi: Short-term gains in mind? Vikas Sethi picks 2 - Bharti Airtel, Va Tech Wabag
In his chat with Market Guru Anil Singhvi, analyst Vikas Sethi revealed two stocks – one from cash market and other F&O. In the latter, he picked Bharti Airtel which is trading above 200 DMA. In cash markets, he picked Va Tech Wabag as his short term buy.
In his chat with Market Guru Anil Singhvi, analyst Vikas Sethi revealed two stocks – one from cash market and other F&O. In the latter, he picked Bharti Airtel which is trading above 200 DMA. In cash markets, he picked Va Tech Wabag as his short term buy.
सदाबहार सेठी सा'ब: शॉर्ट टर्म में दमदार मुनाफे के लिए विकास सेठी के बेहतरीन PICKS@AnilSinghvi_ @vikassethi_SF pic.twitter.com/dX0RK6Gtbr
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Research, experience, hard work, enterprise, vision and much more are required to make the correct calls to earn money on stock markets and that too in times of coronavirus when so many fresh triggers are being generated out of nowhere. In this scenario, that is exactly what Zee Business Managing Editor Anil Singhvi is doing - helping investors make the right choice and earn money through his show - #SPLMidcapStocks.
Cash Stock pick: VA Tech Wabag
Today, the Market Guru's show featured analyst Vikas Sethi and his recommendations. One of his earlier stock picks is VA Tech Wabag. This Company is in the business of total water solutions. This company is into water protection, water treatment, resource recovery, water recycling and reuse, removal of micro pollutants and biological nutrient removal. The company takes EPC Contracts, operational and maintenance contracts. This company provides its services in over 20 countries. The company has more than 100 patents and an order book of Rs 11000 cr.
The focus of the government is on Namami Gange Programme, which is the national mission of clean Ganga. Va Tech Wabag will be a huge beneficiary of this programme. The company has started taking orders from cities now, Agra and Ghaziabad are the two cities from UP where the company has taken operational and maintenance contracts. The contract is worth Rs 1500 cr for next 10 years (Rs 150 cr per year). The company is going to receive many such orders in the next few quarters and years.
Debt equity ratio of the company is 0.41 and the Big Bull of the stock market Rakesh Jhunjhunwala has invested nearly Rs 80 cr in this company recently. He has nearly 8% stake in the company and the future of the company seems to be extremely bright. Short term target on the company is Rs 220 and target for 9-12 months is Rs 275 – Rs 300.
Futures Pick: Bharti Airtel
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Bharti Airtel – the stock is showing tremendous strength and looks good for a bigger upmove from here. The stock has witnessed strong correction in the past few weeks, at current levels there seems to be a good opportunity to buy. Rumors of tariff hikes seem to be positive for the Telecom sector going forward. Fundamentals of the company and the sector are improving and Technicalls also is above 200 DMA. In the short term this stock can see levels of Rs 525 and stop loss of Rs 495.
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