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Stock of the day: Anil Singhvi has recommended Vedanta Group Company, Hindustan Zinc today. Notably, the promoters of Vedanta have increased their stake in the delisting process.
The Market Guru has highlighted 2 key pointers:
1)      Dividends will come earlier than expected in Hindustan Zinc after the promoters raised stake. With promoters increasing stake, they will get additional dividend 
2)      Government is thinking of selling off its stake in Hindustan Zinc. Singhvi said there is possibility that in the month of May a decision can be taken on this front
See Zee Business Live TV Streaming Below:
<iframe allow="accelerometer; autoplay; encrypted-media; gyroscope; picture-in-picture" allowfullscreen="" frameborder="0" height="315" src="https://www.zeebiz.com/live-tv/embed" width="100%"></iframe>
There is a possibility that the Government may sell its stake directly to Vedanta at a good price or they may do an Offer for Sales (OFS) like Tata Communication to the investors. It is important to understand that the sale will definitely happen at premium to current market price. Also, there is a possibility that dividend may be received ahead of stake sale said Singhvi.
<blockquote><a href="https://twitter.com/hashtag/StockOftheDay?src=hash&amp;ref_src=twsrc%5Etfw">#StockOftheDay</a> में आज कौन सा स्टॉक बना अनिल सिंघवी की पसंद?<a href="https://twitter.com/AnilSinghvi_?ref_src=twsrc%5Etfw">@AnilSinghvi_</a> <a href="https://t.co/HfFiHRMV6N">pic.twitter.com/HfFiHRMV6N</a>
— Zee Business (@ZeeBusiness) <a href="https://twitter.com/ZeeBusiness/status/1379635609682071552?ref_src=twsrc%5Etfw">April 7, 2021</a></blockquote>
<script async="" src="https://platform.twitter.com/widgets.js" charset="utf-8"></script>Singhvi said that Hindustan Zinc is trading at a P/E multiple of 10, indicating that this is the cheapest share available in the metal sector. Singhvi said that Hindustan Zinc can see levels of Rs 400 in next 2 to 3 months from here on. Investors should buy and hold stock in their portfolio. The stop-loss on this trade would be Rs 295 for a target of Rs 317, Rs 325 and Rs 335.

Stock of the day: Anil Singhvi has recommended Vedanta Group Company, Hindustan Zinc today. Notably, the promoters of Vedanta have increased their stake in the delisting process.The Market Guru has highlighted 2 key pointers:1)      Dividends will come earlier than expected in Hindustan Zinc after the promoters raised stake. With promoters increasing stake, they will get additional dividend2)      Government is thinking of selling off its stake in Hindustan Zinc. Singhvi said there is possibility that in the month of May a decision can be taken on this frontSee Zee Business Live TV Streaming Below:There is a possibility that the Government may sell its stake directly to Vedanta at a good price or they may do an Offer for Sales (OFS) like Tata Communication to the investors. It is important to understand that the sale will definitely happen at premium to current market price. Also, there is a possibility that dividend may be received ahead of stake sale said Singhvi.#StockOftheDay में आज कौन सा स्टॉक बना अनिल सिंघवी की पसंद?@AnilSinghvi_ pic.twitter.com/HfFiHRMV6N— Zee Business (@ZeeBusiness) April 7, 2021Singhvi said that Hindustan Zinc is trading at a P/E multiple of 10, indicating that this is the cheapest share available in the metal sector. Singhvi said that Hindustan Zinc can see levels of Rs 400 in next 2 to 3 months from here on. Investors should buy and hold stock in their portfolio. The stop-loss on this trade would be Rs 295 for a target of Rs 317, Rs 325 and Rs 335. 

Anil Singhvi has recommended Vedanta Group Company, Hindustan Zinc today. Notably, the promoters of Vedanta have increased their stake in the delisting process

Stock of the day: Anil Singhvi picks Hindustan Zinc; here is the reason why

news-stock-of-the-day-anil-singhvi-picks-hindustan-zinc-here-is-the-reason-why-154411

Stock of the day: Anil Singhvi has recommended Vedanta Group Company, Hindustan Zinc today. Notably, the promoters of Vedanta have increased their stake in the delisting process. The Market Guru has highlighted 2 key pointers: 1)      Dividends will come earlier than expected in Hindustan Zinc after the promoters raised stake. With promoters increasing stake, they will get additional dividend 2)      Government is thinking of selling off its stake in Hindustan Zinc. Singhvi said there is possibility that in the month of May a decision can be taken on this front See Zee Business Live TV Streaming Below: There is a possibility that the Government may sell its stake directly to Vedanta at a good price or they may do an Offer for Sales (OFS) like Tata Communication to the investors. It is important to understand that the sale will definitely happen at premium to current market price. Also, there is a possibility that dividend may be received ahead of stake sale said Singhvi. #StockOftheDay में आज कौन सा स्टॉक बना अनिल सिंघवी की पसंद?@AnilSinghvi_ pic.twitter.com/HfFiHRMV6N — Zee Business (@ZeeBusiness) April 7, 2021 Singhvi said that Hindustan Zinc is trading at a P/E multiple of 10, indicating that this is the cheapest share available in the metal sector. Singhvi said that Hindustan Zinc can see levels of Rs 400 in next 2 to 3 months from here on. Investors should buy and hold stock in their portfolio. The stop-loss on this trade would be Rs 295 for a target of Rs 317, Rs 325 and Rs 335.  