Top Stocks To Buy With Anil Singhvi: SPL Mid Cap Stocks - Vikas Sethi recommends Prestige Estates, Rain Industries, Hikal for healthy gains

In the show SPL (Short Term, Positional and Long Term) Mid Cap Stocks, Zee Business Managing Editor and Market Guru Anil Singhvi spoke to Vikas Sethi, Managing Director at Sethi Finmart Pvt Ltd, to know his stock recommendations. Here is what Sethi suggested to investors for healthy gains:-

LONG-TERM PICK: Hikal

Vikas Sethi chose Hikal as his long term pick. Vikas said, "Hikal works in active pharmaceutical ingredients (APIs), crop protection speciality chemicals, and biotechnology sectors. These sectors have great potential. Hikal is based on very solid fundamentals. The stock has seen good correction recently from its hike of around Rs 750."

Vikas also talked about the returns of the company and said, "In the September quarter, the company showed a PAT (profit after tax) of Rs 44 crores. Last year the PAT was worth Rs 26 crores. Return ratio is great, return of equity is 14-15 per cent, return on capital employed is 20 per cent, debt Equity ratio is 0.5. Promoters have a share of 65 per cent."

"It is recommended to buy at the current level with a target of Rs 700, within 9-12 months," Vikas added.

POSITIONAL PICK: Rain Industries
Anil Singhvi then asked about the positional pick, to which Vikas replied, "My Positional pick is Rain Industries, as it's also an indirect beneficiary of the metal industry, and metal stocks are doing great. They are also dealing in calcined petroleum coke, whose performance is dependent on aluminium production. They are already doing great in the cement production sector. They also produce coal tar. Their main focus is on reduction. The company's September divide was great. Ace investors Mohnish Pabrai, Dolly Khannaowns a stake of 5.7 and 1.18 in the company respectively."

"As the Rain Industries has already reached Rs 216 after a correction. I would recommend setting the target of Rs 245. And to set up the stop loss at Rs 205," Vikas added.

SHORT-TERM PICK: Prestige Estates

About the question of Short term pick by Anil Singhvi, Vikas responded," Real Estate sector is under focus today. Real estate is in focus because government sections have announced over the last weekend that they want to invest 2-3 Million USD in the Indian Railway sector in the next few years. There is a meeting being held to discuss monetary policies."

"I would recommend buying the stocks at a current level with a target of Rs 465. Investors can set up the stop loss at Rs 435," Vikas added

WATCH THE FULL VIDEO HERE:- 

शॉर्ट टर्म, पोजीशनल और लॉन्ग टर्म के लिए विकास सेठी के 3 बेहतरीन मिडकैप Picks

Short Term- Prestige Real Estates

Positional Term- Rain Industries

Long Term- Hikal#SPLMidcapStocks | #MidcapStocks@AnilSinghvi_ | @deepdbhandari |@vikassethi_SF pic.twitter.com/GzD4VdT8mR

— Zee Business (@ZeeBusiness) December 6, 2021