Stocks to Buy With Anil Singhvi: Vinyl Chemicals India is the top pick today for Sandeep Jain

In today’s edition of ‘Jain Sahab Ke Gems’, market analyst Sandeep Jain, while speaking to Zee Business Managing Editor Anil Singhvi, revealed a great strategic counter for investors. Today, he has recommended a stock that he said has potential to give high returns to investors. The stock he picked today is Vinyl Chemicals India Limited and here is why.

According to Sandeep Jain, Vinyl Chemicals India Limited is a top-quality chemical company and its a part of the Pidilite Group. The company is currently engaged in the business of trading in Vinyl Acetate Monomer (VAM). Good part about Vinyl Chemicals is that anything they buy, or import, goes to Pidilite.

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In today's episode, market analyst Sandeep Jain informed: "The good thing about this Vinyl Chemicals India is, it's a zero-debt company, also giving dividend around 2 percent. The way Asian Paints stock has performed yesterday, I think Pidilite will also bring strong results. And when Pidilite performs better in market, the results of Vinyl Chemicals India will be good because Pidilite takes majority of the supplies from Vinyl Chemicals India."

"I believe Vinyl Chemicals has performed brilliantly in last 5-6 years. Vinyl Chemicals India stock also did good in last 2-3 December quarters. Overall, it's a very good and profit-making company. It will give good returns to the investors," he further added.

Investors Strategy for Vinyl Chemicals 

On what should be the strategy that a stock market investor can maintain in regard to Vinyl Chemicals India shares, Jain told Anil Singhvi, "Vinyl Chemicals India is currently trading around Rs 127.80. Vinyl Chemicals India can achieve the target of Rs 150."