Navratna SIP by Anil Singhvi: This Tata Group stock can offer 70% return | Stock to BUY for long term

ZeeBiz WebTeam | Oct 10, 2024, 11:30 AM IST

Navratna SIP by Anil Singhvi, Stock To BUY For Long Term: Navratri is a good opportunity for investors who are looking to build a strong portfolio with good fundamental stocks. These stocks with better outlooks and attractive valuations can give great returns in the long term. 

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Navratna SIP by Anil Singhvi, Stock To BUY For Long Term

Navratna SIP by Anil Singhvi, Stock To BUY For Long Term

Navratna SIP by Anil Singhvi, Stock To BUY For Long Term: Zee Business Managing Editor Anil Singhvi has today picked a Tata Group stock under its Navratna SIP. Check out targets and key details 

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Navratna SIP by Anil Singhvi, Stock To BUY For Long Term: Tata Tech

Navratna SIP by Anil Singhvi, Stock To BUY For Long Term: Tata Tech

Navratna SIP by Anil Singhvi, Stock To BUY For Long Term: The market wizard has advised investors to buy shares of Tata Tech for the long term i.e. with a perspective of 1-3 years. 

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Navratna SIP by Anil Singhvi, Stock To BUY For Long Term: Tata Tech Share Price Target

Navratna SIP by Anil Singhvi, Stock To BUY For Long Term: Tata Tech Share Price Target

Navratna SIP by Anil Singhvi, Stock To BUY For Long Term: Singhvi said that investors should buy this stock for targets of Rs 1,250, Rs 1,400 and Rs 1,800. 

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Navratna SIP by Anil Singhvi, Stock To BUY For Long Term: SIP on every 10% dip

Navratna SIP by Anil Singhvi, Stock To BUY For Long Term: SIP on every 10% dip

Navratna SIP by Anil Singhvi, Stock To BUY For Long Term: Singhvi advised investors to do an SIP in this stock on every 10 per cent dip. 

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Navratna SIP by Anil Singhvi, Stock To BUY For Long Term: Tata Tech Share Price

Navratna SIP by Anil Singhvi, Stock To BUY For Long Term: Tata Tech Share Price

Navratna SIP by Anil Singhvi, Stock To BUY For Long Term: The stock had closed at Rs 1,048 in the last trading session. The counter opened in red at Rs 1041.25 on Thursday. However, it rebounded and touched a high of Rs 1089. Last seen, the counter was trading at Rs 1067.10.

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Navratna SIP by Anil Singhvi, Stock To BUY For Long Term: 70% return

Navratna SIP by Anil Singhvi, Stock To BUY For Long Term: 70% return

Navratna SIP by Anil Singhvi, Stock To BUY For Long Term:  From the last trading price, the counter has the potential to give over 70 per cent return. 

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Navratna SIP by Anil Singhvi, Stock To BUY For Long Term: Strong Promoters

Navratna SIP by Anil Singhvi, Stock To BUY For Long Term: Strong Promoters

Navratna SIP by Anil Singhvi, Stock To BUY For Long Term: Tata Tech is a market leader with strong promoters and is among the top two global engineering service providers in the world. It is a big game changer in software-defined vehicle technology. 

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Navratna SIP by Anil Singhvi, Stock To BUY For Long Term: Future growth triggers are strong

Navratna SIP by Anil Singhvi, Stock To BUY For Long Term: Future growth triggers are strong

Navratna SIP by Anil Singhvi, Stock To BUY For Long Term: The future growth triggers are strong. JV work with BMW has started from H2FY25. Revenue will start coming from this in the next 6 months. At the same time, a partnership with Agartas will be beneficial.

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Navratna SIP by Anil Singhvi, Stock To BUY For Long Term: 22% ROE

Navratna SIP by Anil Singhvi, Stock To BUY For Long Term: 22% ROE

Navratna SIP by Anil Singhvi, Stock To BUY For Long Term: He says, the company's financials are strong. There is a 22% ROE (return on equity). Strong growth outlook, income is expected to grow by 14.6 per cent by FY26. Valuations are cheap compared to competitors. Tata Tech is at a PE of 65.5x while KPIT Tech is at a PE of 72.1x.

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