Mid-Cap Picks with Anil Singhvi: Borosil Glass, Max Healthcare and Crompton Greaves are top stocks to buy
Zee Business Managing Editor Anil Singhvi, in the popular Special Mid-Cap Stocks show, guides investors in making a wise choice while picking stocks and in this exercise a special panel of experts is at hand to provide the logic behind the move.
Zee Business Managing Editor Anil Singhvi, in the popular Special Mid-Cap Stocks show, guides investors in making a wise choice while picking stocks and in this exercise a special panel of experts is at hand to provide the logic behind the move. The intent is to ensure investors gain in terms of returns. In the show’s latest episode today, the Market Guru talked to equity expert Ashish Kukreja and sought his top three recommendations for the day. Find his picks below:
Long-term pick: Borosil Glass
Picking this stock, equity expert Kukreja said the company caters to consumer-facing segment, which is always in demand and it is also a household name. He said it is strong brand and had been a lesser known name with the perspective of stock market. The company has also ventured into appliances and has strong distribution network. He suggested to stay invested in the stock for a target of Rs 200 in one year. The stock was trading around Rs 88 during the day.
Find the detail analysis in the video below:
#SPLMidcapStocks | शॉर्ट टर्म, पोजीशनल और लॉन्ग टर्म में किन मिडकैप शेयरों में बनेगा पैसा? आशीष कुकरेजा से जानिए उनकी 3 दमदार मिडकैप PICK#ZBizBazaar #MidcapStocks @AnilSinghvi_ @Ashishmuse pic.twitter.com/Zy5W1hBXhY
— Zee Business (@ZeeBusiness) October 27, 2020
Positional mid-cap stock: Max Healthcare
Kukreja picked a stock from healthcare sector. He said change of guard in the management has given altogether different meaning to this sock. The new management holds good command in this sector and it has now become a private equity driven company, he said, adding the sector is already in full demand. He said the stock could be bought with the horizon of six months to one year for a conservative target of Rs 150. He also suggested to hold the stock in portfolio, stating that it has very limited downside. Max Healthcare was trading around Rs 107 on Tuesday.
Short-term pick: Crompton Greaves Consumer
He said the stock fits into all three categories—long, positional and short term — and has not seen much movement as comparison to other stocks in its sector. He said the company's management has worked exceedingly well post-Covid and a very strong commentary and key numbers have emerged. Calling it a strong play, Kukreja said people are upgrading their homes and the appliances the company deals with are being consumed pretty fast by them. The equity expert said he sees a upside of 20-25% in couple of months and said the stock could be bought for immediate target of Rs 350-360.
See Zee Business Live TV Streaming Below:
Get Latest Business News, Stock Market Updates and Videos; Check your tax outgo through Income Tax Calculator and save money through our Personal Finance coverage. Check Business Breaking News Live on Zee Business Twitter and Facebook. Subscribe on YouTube.