Stocks to Buy With Anil Singhvi: Hawkins Cookers is Sandeep Jain pick today
Stocks to Buy With Anil Singhvi: In today's episode of 'Jain Saab 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.
Stocks to Buy With Anil Singhvi: In today's episode of 'Jain Saab 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 the potential to give high returns to investors. The stock he picked today is Hawkins Cookers Limited and here is why.
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Hawkins Cookers Limited is an Indian company that manufactures pressure cookers and cookware. The company also manufactures idli stands and other domestic appliances, including non-stick frying pans and cookware. It also manufactures spice blends and cooking masalas.
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बेहतरीन क्वालिटी कंपनी: Hawkins Cooker
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In today's episode, market analyst Sandeep Jain said: "Hawkins Cookers stock is available at good levels. If we talk about the fundamentals of Hawkins Cookers, the return on capital employed of the company is 62-63 percent, and return on equity is 56 percent. The dividend yield of the company is around 1.47 percent."
"Also, Hawkins Cookers is a zero-debt company. In the last three years, the profit CAGR (Compound Annual Growth Rate) of the company is 15-16 percent. 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.
Hawkins Cookers Limited: Investors Strategy
On what should be the strategy that a stock market investors can maintain in regard to Hawkins Cookers Limited shares, Jain told Anil Singhvi, "Hawkins Cookers Limited stock is currently trading around Rs 5,669.10 and one can target this stock at Rs 6190."
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