Top Stocks To Buy With Anil Singhvi: Vikas Sethi recommends Borosil Renewables, Tata Power for making money - Check price target and stop-loss figures
In a chat with Zee Business Managing Editor and Market Guru Anil Singhvi, Market Analyst Vikas Sethi picked two stocks today – one each from the cash market and Futures & Options (F&O). The stocks were recommended with a short-term view in the popular TV show ‘Sadabahaar Sethi Saab’. Know which stocks he recommended today and why they are likely to give handsome returns to the investors
In a chat with Zee Business Managing Editor and Market Guru Anil Singhvi, Market Analyst Vikas Sethi picked two stocks today – one each from the cash market and Futures & Options (F&O). The stocks were recommended with a short-term view in the popular TV show ‘Sadabahaar Sethi Saab’. Know which stocks he recommended today and why they are likely to give handsome returns to the investors.
Top Stocks To Buy: Borosil Renewables
Analyst Vikas Sethi’s first stock was a Borosil Renewables which was in focus today. It makes low iron solar glass which has its use in photovoltaic panels, solar plates and green houses, he said. It is the first and only company which makes solar glass, he said. Its capacity is 2.4 gigawatts per annum.
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The company will benefit from Government’s renewable and Make in India focus, he said. The company posted strong March quarter results with net profit at Rs 66 cr as against Rs 4 cr during the corresponding period in FY20.
This stock was trading around Rs 284 at the time of the recommendation. His short term targets are Rs 300 while the stop loss is at Rs 270.
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सदाबहार सेठी सा'ब: विकास सेठी के शॉर्ट टर्म में दमदार रिटर्न के लिए कैश और F&O सेगमेंट के दो बेहतरीन स्टॉक्स@AnilSinghvi_ @vikassethi_SF pic.twitter.com/s6y5SHMObc
— Zee Business (@ZeeBusiness) June 8, 2021
Top Stocks To Buy: Tata Power
Another stock picked by him was from the Futures and Options (F&O) markets. This stock is from the power sector. He picked Tata Power stocks and June Futures were trading around Rs 115 at the time of the recommendation. It is the largest integrated power player, he said.
There is a good upside in this stock from the current levels. Tata Group has also increased its stake in this company from 37 per cent in June 2020 quarter to 46.9 per cent in March 2021, Sethi said. This augurs well for the company and is an indication of what lies ahead.
His short term target in this stock is Rs 125 while the stop loss is at Rs 110.
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