Top stocks to buy for good returns! Midcap picks with Anil Singhvi: Market analyst Siddharth Sedani recommends Radico Khaitan, KEC International and NOCIL - Here is why

In conversation with Anil Singhvi, Managing Editor at Zee Business, market analyst Siddharth Sedani picked three stocks namely Radico Khaitan Ltd for short term, KEC International Ltd for positional or midterm and NOCIL Ltd for long term gains.

Long Term Pick: NOCIL Ltd

Siddharth while speaking on his long-term pick suggested investors to buy the shares of NOCIL and gave a target of Rs 350. He said that the company has reported very strong results, management outlook is also strong and most importantly the company is planning to increase its global market share which can reach around 8 percent in next 2-3 years.

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Positional Pick: KEC International Ltd

The market analyst said that investors who are looking for a power sector stock can buy the shares of KEC International. He said that it is a transmission and distribution company and is also showing good growth in its business.

शॉर्ट टर्म, पोजीशनल और लॉन्ग टर्म के लिए सिद्धार्थ सेडानी के 3 बेहतरीन मिडकैप स्टॉक्स

Short- Radico Khaitan

Positional- KEC International

Long-NOCIL#SPLMidcapStocks #MidcapStocks @AnilSinghvi_ @s_sedani05 pic.twitter.com/0BFm9vWUcA

— Zee Business (@ZeeBusiness) August 20, 2021

The company is also getting aggressive in non-transmission and distribution (TND) businesses like railways, civil projects, etc. the analyst said.

He further added that the margins of the company can improve in the coming quarters and hence suggested the investors to invest in this stock and gave a target of Rs 462.

Short Term Pick: Radico Khaitan Ltd

Radico Khaitan is outperforming its peers in the beverages space in terms of volumes, results, etc, Siddharth said.

The market analyst added that revenue growth is also more than that of the peers. The company is going to launch several products in the premium segment and it can also be a reason to improve its margins.

Gross margin can rise by around 1 percent, he said. The analyst gave a target of Rs 1009.