Sharekhan recommends buying 2 midcap stocks: Check out potential upside, targets
According to domestic brokerage analysts, these companies' scrips offer profit-booking opportunities, with one stock expected to gain up to 24.37 per cent in the long term.
)
07:54 PM IST
MIDCAP STOCKS TO BUY: Are you searching for midcap stocks to invest in? Analysts at Mirae Asset Sharekhan have handpicked two midcap stocks poised for growth. These companies' scrips offer profit-booking opportunities, with one stock expected to gain up to 24.37 per cent in the long term. Here are details of these two midcap scrips, check details:
2 Midcap Stocks to Buy: Sharekhan
The brokerage's list of recommendations includes Vinati Organics Ltd and Carborundum Universal.
1. Vinati Organics Ltd (VINATIORGA) | Recommendation: Buy | Upside: 24.37%
Sharekhan has upgraded its stance on Vinati Organics Ltd to 'buy' expecting an upside potential of 24.37 per cent from its Friday's session closing price. The company's strong foothold in Isobutyl Benzene (IBB) and ATBS continues to drive export market growth, Sharekhan said. Here are key highlights from the brokerage report dated March 19, 2025:
- The 20,000 MT ATBS capacity expansion is already oversold, reflecting strong demand
- The management maintains a 20 per cent revenue growth outlook over the next three years
- Expected EBITDA margins of 26-27 per cent further strengthen its financial prospects
2. Carborundum Universal (CARBORUNIV) | Recommendation: Buy | Target Price: Rs 1,100
Analysts at Mirae Asset Sharekhan have suggested buying Carborundum Universal Ltd shares, citing long-term growth momentum. The brokerage has expected demand across multiple segments to remain strong, despite concerns over potential VAW sanctions. "The recent 35 per cent correction makes valuations attractive at 28x FY27 forward earnings and sustainable demand across sectors is likely to drive long-term profitability and expansion," according to Sharekhan's analysts.
Historical Stock Performance
Stock | 5-Year Return | 1-Year Return | Last 6 Months |
Vinati Organics | +100% | +0.55% | -15% |
Carborundum Universal | +350% | -10% | -30% |
Get Latest Business News, Stock Market Updates and Videos; Check your tax outgo through Income Tax Calculator and save money through our Personal Finance coverage. Check Business Breaking News Live on Zee Business Twitter and Facebook. Subscribe on YouTube.
RECOMMENDED STORIES
)
SBI, PNB, HDFC Bank, ICICI Bank Senior Citizens FD Rates: Know maturity on Rs 3,33,333 investment in 5-year FD schemes of these leading banks
)
SBI Senior Citizen FD Interest Rates: Check calculations and know the maturity amount of Rs 4,00,000 investment in SBI FDs for 1-year, 3-year, 5-year and 10-year tenures
)
Stocks to buy for long term: Analysts recommend buying largecap, midcap, smallcap stocks; note down targets
)
8th Pay Commission Pension Calculations: Is your current pension Rs 22,450, Rs 33,850, or Rs 39,400; know how much it can be at 2.0, and 2.08 fitment factors
)
Power of Compounding in One-time Investment: Rs 2.50 lakh investment for 30 years vs Rs 12 lakh for 16 years vs Rs 15 lakh for 14 years; which can give highest return?
)
Rs 58,860 Home Loan EMI vs Rs 58,860 SIP: Which can lead to quicker path to purchase Rs 77 lakh home? See calculations
)
Gratuity Calculation: What will be your gratuity on Rs 40,000 last-drawn basic salary and 6.3 years of service?
07:54 PM IST