Top stocks to buy with Anil Singhvi: Why analyst Vikas Sethi recommended Birlasoft, Tata Motors for big gains in short term period - Know factors
Top stocks to buy with Anil Singhvi: Why analyst Vikas Sethi recommended Birlasoft, Tata Motors for big gains in short term period - Know factors
Analyst Vikas Sethi recommended two stocks today – one from the cash market and other from the futures and options (F&O). The stocks were recommended with a short term view to Zee Business Managing Editor Anil Singhvi in the popular TV show ‘Sadabahaar Sethi Saab’. Know which stocks he recommended today and why:-
Top Stocks To Buy: Birlasoft Limited
Analyst Vikas Sethi’s first stock was a cash market stock and from the mid cap IT space. He picked Birla Soft Limited. He said that this segment has been making a lot of positive noise recently along with real estate and textile sectors. He said that Mindtree Q1FY22 results has change the mood for the IT sector.
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This stock was trading around Rs 414 at the time of recommendation. He said that company operates in a high growth segment. The company has solid fundamentals and declared a PAT of Rs 98 cr in the March quarter. This stock should be bought at current levels, He puts the target price at Rs 435 while the stop loss at Rs 395.
Top Stocks To Buy: Tata Motors
Another stock picked by him was from the futures markets. He picked Tata Motors shares. This stock was trading around Rs 312 at the time of recommendation. He said that this stock has strong fundamentals and has seen a correction from levels around Rs 350. The stock is now ready to take off, Sethi added.
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He expects a target price of Rs 320 in a very short term basis. He puts the stop loss at Rs 305.
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