Mid-cap Picks with Anil Singhvi: Hemang Jani picks Mphasis, Crompton Greaves Consumer, Granules India for good returns
In yet another episode of Special Mid-Cap Stocks, market expert Hemang Jani today recommended three more mid-cap stocks with long term, positional medium term and short term views. These stocks have the potential to get big gains for the investors, he told Zee Business Managing Editor Anil Singhvi. Know what is working for these stocks here!
In yet another episode of Special Mid-Cap Stocks, market expert Hemang Jani today recommended three more mid-cap stocks with long term, positional medium term and short term views. These stocks have the potential to get big gains for the investors, he told Zee Business Managing Editor Anil Singhvi. Know what is working for these stocks here!
Top Stocks To Buy: Mphasis
Today Jani recommended a stock from the IT sector with a long term view. He picked Mphasis – a company which has a unique position in the sector in terms of its product offerings, he said. The exposure of its product basket and digital transformation capabilities in impacted verticals is not enough. The company has posted strong Q2 results in terms of revenues and profit margins. It has also been able to bag good business deals. The outlook is also good.
This stock is currently trading around R 1367.
Watch Zee Business Tweet Video Below:
The sector has shown some correction after the results by many companies. It can be a strong alternative in the IT mid cap space, he said.
Top Stocks To Buy: Crompton Greaves Consumer
The technical analyst picked CromptonGreaves Consumer with a positional medium term view. This stock has been recommended by him on previous occasion. The company has declared its Q2 FY21 results where it has posted 20 per cent top line growth. This segment is seeing a strong volume growth after a long time with margin improvement.
This stock is currently trading around Rs 295. It is a viable medium term investment, he said. He puts the target price at Rs 360.
See Zee Business Live TV Streaming Below:
Top Stocks To Buy: Granules India
The technical analyst picked Granules India with a near term view. It is a mid cap pharma company which has business interests in APIs. The API companies have been delivering better than expected results. The company has also expressed confidence on 30 per cent visibility over the next two years. This stock is currently trading around Rs 375. He puts the target price at Rs 500.
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.