In yet another edition of popular ‘Sadabahaar Sethi Saab’ TV show, Market Analyst Vikas Sethi today recommended two stocks – one each from the cash markets and futures and options. His recommendations to Zee Business Managing Editor Anil Singhvi was with a short term perspective. Know which stocks are these and why this analyst has picked them.  

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Top Stocks To Buy: Orient Cement 

Sethi recommended a stock from the cement sector. He has been recommending cement stocks. He said that the companies in this sector have been reporting strong Q2FY21 results. He recommended Orient Cement today. This is an excellent company with cheapest valuations among its peers. It has strong fundamentals with operating margins around 11 per cent. The dedt-to-equity ratio is reasonable at 1.02. The profit CAGR over the last three financial years is 39 per cent.

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 Ace investor Rakesh Jhunjhunwala also has a stake in it.  The stocks are currently trading around Rs 63. He recommended buying at current levels putting the first target price at Rs 70 while the second target price at Rs 75. He puts the stop loss at Rs 58.  

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Top Stocks To Buy: LIC Housing Finance  

Another stock picked by him was LIC Housing Finance which he said was also given by him as his pick of the day. This stock should be bought at the existing levels of around Rs 306. This stock has a great potential to earn high returns for the investors. The kind of momentum it is having now augurs well for it. Like other NBFCs and housing finance companies it is also expected to post strong results, he further said. He puts the stop loss at Rs 299 while the target price at Rs 320 on a very short term basis.