Top Stock Pick With Anil Singhvi: In a bid to help stock market investors maintain stock specific strategy in this extremely volatile market, Zee Business Managing Editor Anil Singhvi has been regularly coming up with his stock tips. Recently, the Market Guru talked to Vikas Sethi, MD at Sethi Finmart Pvt Limited and asked for his pick of the day. The Managing Director of the Sethi Finmart responded with Phillips Carbon Black as his pick of the day.

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Speaking on the fundamentals of the Phillips Carbon Black Ltd shares Vikas Sethi said, "Phillips Carbon Black company has give Rs 7 dividend to its share holders and its dividend yield is at attractive 6 per cent. The ROE of the company is at 17 per cent while it is the only company in the world that has been given Carbon Credit by the United Nations (UN)." Sethi said that Phillips Carbon Black Ltd company deals in Carbon Black and it is the biggest company ion India when it comes to carbon black trade. It has business overseas as well. The Phillips Carbon Black Ltd company has presence in 33 countries.

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On his suggestion to the stock market traders and investors in this regard to Phillips Carbon Black Ltd shares Viks Sethi said, "Phillips Carbon Black Ltd shares are available at an attractive PE multiple of 6. In my opinion, one can buy the counter at current levels of Rs 117 for the short-term target of Rs 125 maintaining stop loss at Rs 105."

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When Anil Singhvi asked for the mid-term perspective of the Phillips Carbon Black Ltd shares the Managing Director of the Sethi Finmart said, " In mid-term perspective, the Phillips Carbon Black Ltd share price is expected to scale up to Rs 150 in one and half to two months. One can buy it at the current levels maintaining the same stop loss for the target of Rs 150 in mid-term perspective."