Wealth Creation Pick by Anil Singhvi: Smallcap stock poised for up to 26% return? Check out targets
Wealth Creation Pick by Anil Singhvi: Equity benchmark indices Sensex and Nifty rallied for the third day today. While the BSE benchmark Sensex climbed 372.51 points to 80,482.36, the NSE Nifty went up by 121.4 points to 24,343.30 in early trade. Meanwhile, Zee Business Managing Editor Anil Singhvi has given a buy call on a stock under 'Wealth Creation Pick'.
Wealth Creation Pick by Anil Singhvi: Protean eGov
Wealth Creation Pick by Anil Singhvi: The stock picked by the market wizard is Protean eGov, which has a market cap of Rs 7,093.34.
Wealth Creation Pick by Anil Singhvi: Protean eGov Share Price Target
Wealth Creation Pick by Anil Singhvi: Singhvi said that investors should buy the stock for targets of Rs 1,900, Rs 2,000 and Rs 2,200.
Wealth Creation Pick by Anil Singhvi: Buy for 1 Year
Wealth Creation Pick by Anil Singhvi: Singhvi said that one should invest in this stock with a perspective of one year. "However, one should ideally keep this stock in the portfolio for three years," he added.
Wealth Creation Pick by Anil Singhvi: SIP on every 10% dip
Wealth Creation Pick by Anil Singhvi: He suggested that investors should do an SIP in this stock at every 10 per cent dip.
Wealth Creation Pick by Anil Singhvi: Protean eGov Share Price History
Wealth Creation Pick by Anil Singhvi: According to BSE Analytics, the counter has given a positive return of 57.78 per cent in one year.
Wealth Creation Pick by Anil Singhvi: OFS gets a good response
Wealth Creation Pick by Anil Singhvi: Singhvi said that the offer for sale (OFS) of Protean eGov got a very good response in both institutional and retail categories.
Wealth Creation Pick by Anil Singhvi: PAN 2.0
Wealth Creation Pick by Anil Singhvi: He also said that the Cabinet's decision to give a green signal to PAN 2.0 will give a big boost to the stock as the company has around 55 per cent market share when it comes to issuing PAN cards.
Wealth Creation Pick by Anil Singhvi: 52-week high and low
Wealth Creation Pick by Anil Singhvi: The 52-week high and low of the counter is Rs 2,225 and Rs 918 respectively.