Wealth Creation Pick By Anil Singhvi - Share India Securities: Check target price

Wealth Creation Pick By Anil Singhvi, Share India Securities Target Price: Market Wizard and Zee Business Managing Editor Anil Singhvi has picked another stock with good potential for wealth creation. 

Stockbroking and allied sector company Share India Securities is the Wealth Creation Pick by Singhvi. The stock has strong fundamentals and can perform well in the long run. It has given a return of around 60 per cent in a year.

Share India Securities Share Price Target - Anil Singhvi's View

Market wizard Anil Singhvi said that Share India Securities is a big company providing algo trading. To expand business, it recently merged with technology firm Silverleaf Capital Services.

It recently acquired Silverleaf Capital Services to expand its business. There is a continuous increase in options trading on both BSE and NSE. The company's 5-year CAGR of income is 51 per cent, profit is 87 per cent. 5-year ROCE is 52 per cent and ROE is 45 per cent.

Share India Securities Share Price Target By Anil Singhvi

Market Guru Anil Singhvi has given three targets for Share India Securities - 1900, 2200 and 2400. This means the stock can show a strong rise of up to 45 per cent from the current level. He advised investors to hold the share for 1-2 years.

Meanwhile, Sensex fell more than 700 points as the markets await commentary from the US Federal Reserve. Earlier, India's benchmark indices rebounded slightly on Monday from a one-session fall to end the first session of the week in the green.