Top Stocks To Buy With Anil Singhvi: Analyst Vikas Sethi recommends AIA Engineering, Petronet LNG for money gains - Here is why
Analyst Vikas Sethi’s first stock was a cash market stock from the engineering services company. He picked AIA Engineering calling it an excellent company. The Ahmedabad-based power company gives its services in power, cement and mining sectors
Market Analyst Vikas Sethi picked two stocks today – one from the cash market while the other from the Futures and Options (F and O). The stocks were recommended with a short term view in the popular TV show ‘Sadabahaar Sethi Saab’ with Zee Business Managing Editor and renowned market guru Anil Singhvi. Know which stocks he recommended in today’s edition of popular.
Top Stocks To Buy: AIA Engineering
Analyst Vikas Sethi’s first stock was a cash market stock from the engineering services company. He picked AIA Engineering calling it an excellent company. The Ahmedabad-based power company gives its services in power, cement and mining sectors.
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The fundamentals of this company are very strong, Sethi said adding that the stock is poised to do well. The company is also almost debt-free, he said
This stock was trading around Rs 1936 at the time of the recommendation. He puts the target price at Rs 1975 on a short-term basis while the stop loss at Rs 1860. The long term target is between Rs 2300-Rs 2500.
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Top Stocks To Buy: Petronet LNG
Another stock picked by him was from the F and O space and it was a PSU. He picked Petronet LNG. The May Futures of this stock are trading at Rs 248. It is quite cheap in terms of valuation as against its peers. It is currently trading at a PE multiple of 14.
The dividend yield is 5 per cent. The December Quarter results were strong.
He puts the target price at Rs 260-Rs 265. The stop loss is Rs 242.
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