Sanjiv Bhasin recommends BEL, Aarti Industries and Cadila Healthcare for robust returns; Know target price, stoploss, and more
In yet another episode of Bhasin Ke Hasin Share, Deepanshu Bhandari spoke to Sanjiv Bhasin, where he picked three stocks for high returns.
In yet another episode of ‘Bhasin Ke Hasin Share’, Zee Business Anchor & Head-Researcher Deepanshu Bhandari spoke to Sanjiv Bhasin, Director of IIFL Securities Ltd, where he picked three stocks for high returns.
Talking about the updates of the market, Bhasin said Bosch became Rs 16,950 and the target is 17,200. HCL Tech, which he recommended yesterday at Rs 1100, is now the top gainer.
He again reiterated that Eicher Motors Limited's export numbers are stronger than Bajaj Auto and now it is 2% up. Eicher is headed to Rs 3000. Don't underestimate Volvo Eicher commercial combine that is going to compound because dumpers and infrastructures are rising. The best place in infrastructure will be in commercial dumpers. What the rest of the companies does, Eicher Motors is one of the largest in that and not many people know that, he said.
Bhasin then reminded that GMR Infra is an outperformer, as he already told. GMR Infra may go Rs 45-46 for a day or two but don't sell until it reaches Rs 55, he suggested.
Buy: Rs 42.98
Target Price: Rs 55
For today, Bhasin recommended three picks that will outperform but suggested taking them as a theme.
BEL - Bharat Electronics Limited
Bhasin recommended Bharat Electronics Limited stocks. He said you have reinforced it again, defense spending locally. And if you look at BEL's numbers and margins, then it's a scream at Rs 208, he added.
Buy: Rs 210.50
Target Price: Rs 222 - Rs 224
Stop Loss: Rs 202
Aarti Industries
Bhasin recommended Aarti Industries stocks. He predicted in the chemical specialty Aarti Industries will do very well.
Buy: Rs 1025 - Rs 1030
Target Price: Rs 1075
Stop Loss: Rs 1000
Cadila Healthcare
Bhasin recommended Cadila Health stock as the third pick. He said the government has also given maximum interest to domestic pharma. He mentioned Cadila will win hands-down over there.
Buy: Rs 412 - Rs 414
Target Price: Rs 440
Stop Loss: Rs 402
I am giving 2-3 names this time so that traders can build portfolios or do training, he said, but include them. Otherwise, you will keep watching 18300 and nothing came into your hands, Bhasin concluded.
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