Top Stocks To Buy: In chat with Anil Singhvi, Vikas Sethi recommends IG Petrochemicals, Sterling Tools shares for money gains

Top Stocks To Buy: In a chat with Zee Business Managing Editor Anil Singhvi, market analyst Vikas Sethi picks two stocks for bumper returns. The stocks were recommended with the short-term view in the popular TV show ‘Sadabahaar Sethi Saab’. Both stocks recommended today were from the cash market. Know which stocks he recommended today and why:-    

Top Stocks To Buy: IG Petrochemicals          

Analyst Vikas Sethi’s first stock was IG Petrochemicals which he called as one of his favourites. This stock has been previously recommended by him, he said. It is the largest manufacturer of phthalic anhydride in the country. This chemical is used to make plastics and dyes. The fundamentals of the company are very strong and it posted strong March quarter results. The return ratios are good with debt-to-equity ratio at 0.3.  

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The prices of its products have seen an increasing trend over the last 8-10 months. He puts the target price at Rs 660 while the stop loss is Rs 625.  

It was trading around Rs 637 at the time of the recommendation.  

Top Stocks To Buy: Sterling Tools       

Another stock picked by him was from Sterling Tools. He said that this is one stock that is not recommended very often.  This auto component maker has strong fundamentals, he further said. It supplies its products to all major automobile manufacturers including Maruti Suzuki, Tata Motors. It also has export operations.  

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विकास सेठी से जानिए IG Petro और Sterling Tools में कमाई की स्ट्रैटेजी

शॉर्ट टर्म में दमदार मुनाफे के लिए कैश सेगमेंट के 2 बेहतरीन स्टॉक...@AnilSinghvi_ @vikassethi_SF pic.twitter.com/1oAsrVuWg5

— Zee Business (@ZeeBusiness) June 22, 2021

He puts the target price at Rs 205 while the stop loss is at Rs 185.