Mid-cap Stock Picks With Anil Singhvi: Akzo Nobel, Orient Refractories and PPAP Automotive are Sandeep Jain recommendations today
Mid-cap Stock Picks With Anil Singhvi: After the sharp recovery in the stock markets post-COVID selloff, Zee Business Managing Editor Anil Singhvi has been busy recommending shares to buy at lowest investment with maximum possibility of gains.
Mid-cap Stock Picks With Anil Singhvi: After the sharp recovery in the stock markets post-COVID selloff, Zee Business Managing Editor Anil Singhvi has been busy recommending shares to buy at lowest investment with maximum possibility of gains. In this regard, the Market Guru started fishing out mid-cap shares to buy that requires lower amount to pay, but highest percentage of returns. Today Singhvi asked Sandeep Jain to reveal his top stock picks from the mid-cap segment and the market analyst replied with Akzo Nobel, Orient Refractories and PPAP Automotive shares to buy for massive gains.
When Anil Singhvi asked about his long-term pick from the mid-cap segment, Sandeep Jain said, "My long-term mid-cap pick today is Akzo Nobel, which is a paint company and it is among the best four paint company stocks. After the Indigo Paints IPO buzz, paint segment shares are expected to get indirect gains in this rally and Akzo Nobel share price is at most attractive valuations among these best four paint stocks to buy." I recommend to buy this stock at current levels for the target of Rs 2,750 to Rs 2,830 levels as it has strong support at Rs 2100 to Rs 2200 mark.
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On his mid-term pick from the segment, Jain told Anil Singhvi, "My mid-term pick from the mid-cap segment is Orient Refractories shares. It's steel ancillary multinational company with zero-debt in its balance sheet. Orient Refractories growth is around 10 per cent which is praiseworthy in such a COVID-hit scenario. One can buy Orient Refractories shares at current Rs 237 levels for the target of Rs 270."
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#SPLMidcapStocks | शॉर्ट टर्म, पोजीशनल और लॉन्ग टर्म में निवेश के लिए मार्केट एक्सपर्ट संदीप जैन ने आज सुझाए मजबूत फंडामेंटल वाले ये 3 बेहतरीन मिडकैप स्टॉक्स#ZBizBazaar #Midcap #MidcapStocks @AnilSinghvi_ @SandeepKrJainTS pic.twitter.com/dbZ0mmdxQk
— Zee Business (@ZeeBusiness) January 20, 2021
On Anil Singhvi's query for his short-term pick, Sandeep Jain replied, "My short-term pick from the mid-cap segment stocks is PPAP Automotive. The company has been able to keep its debt under control that reflects its sound debt-management. PPAP Automotive share price is at corrected levels and one can buy PPAP Automotive shares at current Rs 282 levels for the target of Rs 310 to Rs 320."
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