Stocks to buy with Anil Singhvi: Sandeep Jain recommends Kopran Limited today - Big Money Tip
Stocks to Buy With Anil Singhvi: In today's episode of 'Jain Sahab Ke Gems' show, stock market analyst Sandeep Jain, while speaking to Zee Business Managing Editor Anil Singhvi, named another stock for investors to make good gains from.
Stocks to Buy With Anil Singhvi: In today's episode of 'Jain Sahab Ke Gems' show, stock market analyst Sandeep Jain, while speaking to Zee Business Managing Editor 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 Kopran Limited and here is why.
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Kopran Limited manufactures pharmaceutical products, bulk drugs and formulations, in addition to marketing state of the art electronic medical equipment. The Company's products include semi-synthetic penicillin and antibiotic bulk drugs, including ampicillin trihydrate, cloxacillin sodium, rifampicin, amoxicillin trihydrate and cephalexin monohydrate.
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In today's episode, market analyst Sandeep Jain said: "Kopran Limited is one of the good pharmaceutical company in India. The fundamentals of this company are very strong and the PE multiple of its stock is 9-10. The return on capital employed (ROCE) is around 14-15 per cent. The dividend yield of this company is around 1.25 per cent.
"Its December quarter results were good. The PAT (profit after tax) of the company in 2019 December was 8 crores and in 2020 December, the PAT of the company was 16 crores. At present, Kopran Limited is available at very good levels. I'm very bullish on this stock as it is available at corrected levels," he further added.
Kopran Limited: Investors Strategy
On what should be the strategy that a stock market investor can maintain in regard to Kopran Limited shares, Jain told Anil Singhvi, "Kopran Limited stock is currently trading around Rs 126.20 and one can target this stock at Rs 150"
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