Top Stocks To Buy With Anil Singhvi: This cement sector share has solid fundamentals! Do you have it in your portfolio?

Cement Sector Stock to Buy Today: Many market investors keep searching for good stocks to be added to their portfolios. Market expert Sandeep Jain in conversation with Zee Business Managing Editor Anil Singhvi has suggested one such share that belongs to cement sector and possess solid fundamentals. Sandeep Jain has given a BUY call for Sagar Cement stock. This stock can be bet on for buying in the short term. 

Sandeep Jain believes that this cement stock can perform well. Sandeep told that he had advised buying on this stock earlier also and had achieved the target in a short time.

Sandeep Jain told that this is a very strong player of South India. Earlier, the popularity of this company was more in South India but now gradually the company has expanded it wings and now this company will also go towards Eastern part of India as well.

Sagar Cement - BUY
CMP - Rs 300.90
Target - Rs 370
Duration - 6-9 Months

जैन सा'ब के GEMS...

आज Sagar Cement को क्यों चुना संदीप जैन ने ?

संदीप जैन से जानिए कंपनी के फंडामेंटल्स, तेजी के ट्रिगर्स और टार्गेट..@SandeepKrJainTS | @AnilSinghvi_ | #StockMarket #StockToWatch #SagarCement pic.twitter.com/HnrEegPgST

— Zee Business (@ZeeBusiness) October 4, 2021

How are the fundamentals of the company?

Talking about the fundamentals of the company, they are solid in the view of experts. The company is working on a PE multiple of 16. Apart from this, there is a return on equity of 17 percent. At the same time, the CAGR i.e. compound annual growth rate of profit for the last 3 years has been 92 percent. Experts said that for the last 4 quarters the company is earning more than Rs 50 crores profit.

Expert told that this company is worth Rs 3300 crore. Apart from this, the share of FIIs and DIIs and Promoters in the company are also very good. Sandeep Jain told that due to monsoon, there was a correction in cement stocks but now these stocks can perform well in the future.

(Disclaimer: The views/suggestions/advice expressed here in this article are solely by investment experts. Zee Business suggests its readers to consult with their investment advisers before making any financial decision.)