How market wizard Anil Singhvi views IRCTC, Campus Activewear, Brigade Enterprises, Prestige Estates, Concord Biotech, other stocks today
Zee Business Managing Editor Anil Singhvi shares his thoughts on a bunch of stocks. Here's how the market wizard views scrips such as IRCTC, Campus Activewear, Brigade Enterprises, Prestige Estates, and Concord Biotech.
As domestic equity benchmarks Sensex and Nifty50 start Wednesday's session in the red, contrary to the trend of sharp buying in the first half of the session witnessed in the past three days, Zee Business Managing Editor Anil Singhvi shares his thoughts on a bunch of stocks.
Here's what the market wizard suggests investors do with stocks such as Indian Railway Catering and Tourism Corporation (IRCTC), Aster DM Healthcare (ASTERDM), Campus Activewear, Brigade Enterprises, Prestige Estates, Concord Biotech (CONCORDBIO), Medplus Health Services, and Gujarat Narmada Valley Fertilizers & Chemicals (GNFC).
Buy Concord Biotech shares: Anil Singhvi
The market guru suggests buying Concord Biotech shares for targets of Rs 1,425, Rs 1,450 and Rs 1,490 with a stop loss at Rs 1,350, citing strong results.
Buy MedPlus Health shares: Anil Singhvi
The market wizard suggests buying MedPlus Health shares for targets of Rs 718, Rs 730 and Rs 740 with a stop loss at Rs 690.
Medplus Health Services results strong: Anil Singhvi
The market guru highlights that Medplus Health Services' quarterly numbers were strong on all fronts.
However, the Medplus Health stock hasn't performed in the last one year, he point out.
Buy ITD Cementation shares: Anil Singhvi
The market wizard suggests buying ITD Cementation shares for targets of Rs 410, Rs 415 and Rs 425 with a stop loss at Rs 395.
The company has staged its best quarterly performance and has a strong order book, he adds.
Prestige Estates Projects results better than estimates: Anil Singhvi
The market guru points out that the margin improvement staged by the real estate developer is strong.
Prestige Estates Projects' margin improved by 1,230 basis points on a year-on-year basis to 38.2 per cent in the March quarter, according to a regulatory filing.
Brigade Enterprises results extraordinarily strong: Anil Singhvi
However, the stock has rallied 23 per cent in three months and 125 per cent in a year, the market wizard points out.
Buy Campus Activewear shares: Anil Singhvi
The market guru suggests buying Campus Activewear shares for targets of Rs 256 and Rs 260 with a stop loss at Rs 245, citing a strong set of quarterly numbers.