Budget 2021 Stock Picks With Anil Singhvi: Buy BEL shares for MASSIVE profit, says Vijay Chopra of Enoch Ventures

Budget 2021 Stock Picks With Anil Singhvi: As the Budget day is fast nearing, Zee Business Managing Editor Anil Singhvi has been busy revealing the shares to buy ahead of February 1st, 2021 for investors to benefit from.

Budget 2021 Stock Picks With Anil Singhvi: Buy BEL shares for MASSIVE profit, says Vijay Chopra of Enoch Ventures
Budget 2021 Stock Picks With Anil Singhvi: Market Guru today asked Vijay Chopra of Enoch Ventures for his top pick and the market analyst replied with one name - BEL.
Written By: ZeeBiz WebTeam
Edited By: Harish Dugh
Updated: Wed, Jan 13, 2021
04:07 pm
New Delhi, ZeeBiz WebDesk
RELATED NEWS
Mid-Cap Stock Picks with Anil Singhvi: Titagarh Wagons, JSW Energy and Praj Industries are top Ambareesh Baliga recommendations today Mid-Cap Stock Picks with Anil Singhvi: Titagarh Wagons, JSW Energy and Praj Industries are top Ambareesh Baliga recommendations today
Budget 2021 Stocks With Anil Singhvi – Ultratech Cement is a TOP stock from budget standpoint, says Hemang Jani; 14-16 pct upside seen Budget 2021 Stocks With Anil Singhvi – Ultratech Cement is a TOP stock from budget standpoint, says Hemang Jani; 14-16 pct upside seen
Bajaj Auto share price: Jefferies retains Buy rating with a Rs 4300 price target Bajaj Auto share price: Jefferies retains Buy rating with a Rs 4300 price target
Stocks to Buy With Anil Singhvi: RCF and JSW Steel are Vikas Sethi recommendations for good returns - Here is why Stocks to Buy With Anil Singhvi: RCF and JSW Steel are Vikas Sethi recommendations for good returns - Here is why
Budget 2021 Stocks With Anil Singhvi – Repco Home Finance is a TOP stock from budget viewpoint; Market Guru calls it investment grade Budget 2021 Stocks With Anil Singhvi – Repco Home Finance is a TOP stock from budget viewpoint; Market Guru calls it investment grade

Budget 2021 Stock Picks With Anil Singhvi: As the Budget day is fast nearing, Zee Business Managing Editor Anil Singhvi has been busy revealing the shares to buy ahead of February 1st, 2021 for investors to benefit from. In this regard, the Market Guru today asked Vijay Chopra of Enoch Ventures for his top pick and the market analyst replied with one name - BEL.

Revealing the strong fundamentals of BEL shares, Vijay Chopra, MD & CEO at Enoch Ventures Private Limited told Anil Singhvi, "BEL is a company that manufactures the Air Defense System and in the coming times, its business is expected to further grow. In fact, in last year's budget, Finance Minister Nirmala Sitharaman had said that there will be a sustained rise in the defense budget allocation of the country. So, we can expect some rise in the Indian defense budget this year and BEL being the major company in the Indian defense sector, will definitely get monetary benefit from that."

See Zee Business Live TV Streaming Below:

Vijay further told Singhvi that India is facing defense challenges from both China and Pakistan and Akash missile is going to play a major role in Indian reply to Chinese and Pakistani border aggression. Since, BEL is major manufacturer of Akash missile, in the coming days, Indian government may place more orders for it thereby, helping the company's business to grow manifold.

See full coverage in video below:

When Anil Singhvi asked Vijay Chopra to share his strategy in regard to BEL shares Enoch Ventures MD & CEO said, "BEL share is currently trading at Rs 125 per stock levels and one can buy this stock for the target of Rs 160 to Rs 170 per share levels maintaining the stop loss at Rs 110 per share level.

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.