Anil Singhvi Stock of the Day: Market expert recommends buying stocks of 2 Bengaluru-based companies, selling this largecap realty stock

Anil Singhvi recommends buying two Bengaluru-based stocks after strong Q1 earnings and suggests selling one largecap realty stock due to weak results and a pressure-triggering block deal
Anil Singhvi Stock of the Day: Market expert recommends buying stocks of 2 Bengaluru-based companies, selling this largecap realty stock
Anil Singhvi, Managing Editor, Zee Business (File Photo)

Stock of the Day: Market guru Anil Singhvi has identified his top stock picks for the day. He has selected Schloss and United Breweries (UBL) on the 'buy' side, and flagged Oberoi Realty as a potential shorting candidate.

Schloss Bangalore

  • Buy Range: CMP

  • Stop Loss: Rs 443

  • Targets: Rs 454, Rs 458, Rs 463

Bengaluru-based Schloss delivered strong Q1 results on Tuesday, beating Street expectations. The stock has now caught the attention of global brokerage Morgan Stanley, which has raised its target price from Rs 549 to Rs 562, signalling further upside potential.

Singhvi highlighted that the improving fundamentals post-results, combined with bullish institutional commentary, make Schloss a compelling buy for the near term.

United Breweries Ltd

  • Buy Range: CMP

  • Stop Loss: Rs 2015

  • Targets: Rs 2055, Rs 2075, Rs 2100

Singhvi is also bullish on United Breweries Ltd. (UBL), another Bengaluru-based company, after the beer major posted robust double-digit volume growth of 11 per cent YoY in Q1.

What stood out was that EBITDA was 10 per cent higher than analyst estimates, reflecting strong operational leverage. Singhvi added that investors should track the company’s post-earnings concall scheduled at 3 PM today, where management is expected to share forward-looking commentary and guidance.

Oberoi Realty

  • Sell Range: CMP

  • Stop Loss: Rs 1840

  • Targets: Rs 1800, Rs 1785, Rs 1760

On the other hand, Singhvi has issued a sell call on Oberoi Realty after a large block deal hit the counters, triggering supply pressure.

He noted that the stock is unlikely to see a sharp bounce since its Q1 earnings were also below expectations, showing weakness across residential and commercial segments. The lack of near-term triggers and institutional offloading makes the risk-reward unfavourable at current levels.

Add Zee Business as a Preferred Source