In chat with Anil Singhvi, analyst Vikas Sethi picks NIIT as a top buy; this education sector stock promises high returns
In todays edition of popular TV show Sadabahaar Sethi Saab, Market Analyst Vikas Sethi recommended a stock and both were from the cash markets. Sethis recommendations to Zee Business managing Editor Anil Singhvi was from the short term perspective. Know which stocks are these and why this analyst picked them
In today’s edition of popular TV show ‘Sadabahaar Sethi Saab’, Market Analyst Vikas Sethi recommended a stock and both were from the cash markets. Sethi’s recommendations to Zee Business managing Editor Anil Singhvi was from the short term perspective. Know which stocks are these and why this analyst picked them.
Top Stocks To Buy: NIIT
Analyst Vikas Sethi recommended NIIT, a company whose business has been doing well amid the lockdown. He said that it is an excellent company which is in the business of online education. One of the triggers for the company is the overall prospect in the online education sector. Peer companies like Byju’s and Unacademy have been doing very well in this sector, he added.
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The fundamentals of this company are quite strong, he said. The promoters have significant holding in this company. The FIIs have raised their stake from 17 per cent to 22 per cent.
This stock is currently trading around Rs 182. He puts the target price at Rs 190 with a short term view. This stock is worth keeping in portfolio, he said. This is a long term view with 9-12 month horizon.
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He said that the stocks is poised to do very well.
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