Stocks to Buy With Anil Singhvi: In today's edition of 'Jain Sahab Ke Gems' show, stock market analyst Sandeep Jain, while speaking to Zee Business Managing Editor and Market Guru Anil Singhvi, named another stock for investors to make good gains from. Today, he has recommended a stock that he said has potential to give high returns to investors. The stock he picked today is Axtel Industries Limited and here is why.

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According to Sandeep Jain, Axtel Industries Limited manufactures process engineering equipment. The company markets its products to customers in the food, pharmaceutical, and chemical industries. The company is a leading manufacturer of Industrial Machinery and Equipments. Axtel Industries was incorporated in the year 1991 with the name Advanced Extrufoil Technology and Exports Ltd.

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In today's episode, market analyst Sandeep Jain said: "If we talk about the fundamentals of Axtel Industries, the good thing is that the PE multiple of the company is 25. This company has performed well in the last few quarters. The return on capital employed of the company is 27, Return on equity in 21. The debt of the company is almost zero. In last five years, the profit CAGR (Compound Annual Growth Rate) of the company is 28 percent and the sales CAGR is around 20 percent."

"Overall, Axtel Industries stock is available at very good levels. I'm very bullish on this stock. Investors should buy this stock at these current levels. It will be beneficial for them in the future," he further added.

Axtel Industries Stock: Investors Strategy

On what should be the strategy that a stock market investor can maintain in regard to Axtel Industries shares, Jain told Anil Singhvi, "Axtel Industries Limited stock is currently trading around Rs 340.85 and one can target this stock at Rs 390."