Mid-cap Picks with Anil Singhvi: Rajat Bose picks Kirloskar Industries, Acrysil, Lemon Tree Hotels for top gains

In today’s edition of Special Mid Cap Stocks with Anil Singhvi, analyst Rajat Bose recommended three stocks – one each with a long term positional medium term and short term views. Know why they hold promise of high returns

Mid-cap Picks with Anil Singhvi: Rajat Bose picks Kirloskar Industries, Acrysil, Lemon Tree Hotels for top gains
Market expert Rajat Bose recommended a stock from the industrial machinery sector with a long term view. This company is Kirloskar Industries Limited. This stock is currently trading at reasonable valuations
Written By: ZeeBiz WebTeam
Edited By: Prashant Singh
Updated: Thu, Dec 03, 2020
05:08 pm
new delhi, ZeeBiz WebDesk
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In today’s edition of Special Mid Cap Stocks with Anil Singhvi, analyst Rajat Bose recommended three stocks – one each with a long term positional medium term and short term views. Know why they hold promise of high returns. 

Long-term pick: Kirloskar Industries Limited 

Market expert Rajat Bose recommended a stock from the industrial machinery sector with a long term view. This company is Kirloskar Industries Limited. This stock is currently trading at reasonable valuations. It is a small cap company with a market cap of Rs 782 cr. This stock is currently trading around Rs 819. It has come from the levels around Rs 650 in the last few days. It has shown a good breakout on weekly, monthly and daily charts. He said that he expected the stock to achieve a target price of Rs 1,200 over the next 1 year period.  

He said that this is a highly undervalued company. He puts the stop loss at Rs 640.

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Positional stock: Acrysil  

As for the positional medium term pick, he recommended Acrysil, a company listed on the BSE. This stock is currently trading around Rs 172 and has been an undervalued stock, he said. With a six month view on it, he puts the target price between Rs 245 and Rs 264. He puts the stop loss at Rs 145, on a closing price basis.    

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Short-term pick: Lemon Tree Hotels 

The short term pick recommended by him was Lemon Tree Hotels. This stock is currently trading around Rs 38. It has been seeing a upward trend for over two weeks now. There is a bullish crossover in its 200-day moving average and 20-day moving average. His first target is Rs 45 and the next target is Rs 52. He puts the stop loss below Rs 32. It has momentum on its side now.

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