Stocks To Buy With Anil Singhvi: Ashish Kukreja suggests Mahindra EPC, Greenlam Industries and Natco Pharma
In the popular Special Mid-Cap Stocks show, Zee Business Managing Editor Anil Singhvi spoke to market expert Ashish Kukreja on Wednesday and sought his stock picks for today that would generate good returns for investors.
In the popular Special Mid-Cap Stocks show, Zee Business Managing Editor Anil Singhvi spoke to market expert Ashish Kukreja on Wednesday and sought his stock picks for today that would generate good returns for investors. Kukreja recommended three stocks in long term, positional and short-term stock categories. Here are Ashish Kukreja’s picks:-
Long-term pick: Mahindra EPC Irrigation Limited
Talking about Mahindra EPC, Kukreja said, "This is Mahindra group Company, popularly known as EPC Irrigation Limited. And is a pioneer of micro-irrigation in India. Mahindra EPC provides complete solution for agriculture with a focus on Micro-Irrigation, Pumps & inter-related requirements of fertigation & agronomic support." He further adds, "Also, the Indian government is focusing on agriculture segment and Mahindra is in aggressive mode which will help them. The stocks of Mahindra EPC will go upwards in future. The stocks of Mahindra EPC will show a level of Rs 225- 250." Mahindra EPC stock was trading around Rs 153.65.
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Positional stock: Greenlam Industries Limited
Picking Greenlam Industries Limited, Kukreja said it has all mid cap ingredients. The company manufactures laminate flooring. The Company's laminates range from metallic to textured and can be used for residential, commercial and office spaces. "At present, this company has very strong cash flow, minimum return on capital is above 25-30 percent and news brands are also coming in. Overall, this company is doing good in its segment. The one thing I liked about the company is its management. The stocks of Greenlam Industries Limited will show a level of Rs 1250-1500 in coming months." Greenlam Industries stock was trading around Rs 937.40.
Short-term pick: Natco Pharma Limited
Picking Natco Pharma Limited, the market analyst said Natco Pharma is a quality company is pharmaceutical sector. This company has been the very good wealth creator for the investors. Natco Pharma makes finished dosage formulations and active pharmaceutical ingredients. It is the market leader in branded oncology medicines in India, and among the country's top three producers of hepatitis C drugs. The stocks of this company are available at very interesting levels. I can see immediately upside in its stocks." Natco Pharma was trading around Rs 805.30.
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