Anil Singhvi’s Stock Picks: One sell call, fresh midcap and PSU picks for short-term gains

Anil Singhvi Stock Recommendations: Indian markets opened on a positive note but struggled to stay in green on Tuesday. In this volatile market,x Zee Business Managing Editor Anil Singhvi shared his top stock picks and trading ideas for the session. Singhvi remained cautious on Bajaj Finance after its muted results and reduced growth guidance, while turning bullish on select stocks including Bajaj Consumer, Baazar Style, HUDCO, and Vodafone Idea. His view reflects a balanced strategy between profit-booking in overbought counters and selective buying in fundamentally strong names.

Bajaj Finance Share Price Target

Market guru Anil Singhvi advised traders to stay cautious after the NBFC posted mixed quarterly results and lowered its AUM growth guidance to 22–23 per cent from 24–25 per cent.

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He recommended a Sell call in Futures with a stop loss at Rs 1,100 and targets of Rs 1,070, Rs 1,058, and Rs 1,045. Singhvi noted that the stock has already surged 24 per cent in three months, suggesting limited upside ahead.

“Bajaj Finance has seen a sharp run-up, and the near-term outlook looks weak. Investors should not jump to buy at lower levels immediately — let it stabilise first,” he said.

Bajaj Consumer Share Price Target

For Bajaj Consumer, Singhvi issued a Buy call (cash segment) with a stop loss at Rs 290 and targets of Rs 298, Rs 302, and Rs 306.

He said the company’s margins improved from 15 per cent to nearly 20 per cent, reflecting a strong operational recovery. “The business is on a steady growth path with visible margin expansion,” he explained. However, Singhvi cautioned that since the stock has gained 12 per cent in one month and 30 per cent in three months, investors should buy gradually on dips.

Baazar Style Share Price Target

Singhvi turned positive on Baazar Style, calling it a buying opportunity given its excellent results across parameters. He recommended a Buy (cash) with a stop loss at Rs 324 and targets of Rs 332, Rs 335, and Rs 338.

“Baazar Style has delivered impressive growth on all fronts — margins, revenues, and efficiency. The stock could extend gains in the short term,” Singhvi said.

HUDCO Share Price Target

Among PSU stocks, Singhvi remained bullish on HUDCO Futures, citing strong financial results and consistent performance. He placed support at Rs 224 and a target near Rs 240, saying the stock could continue its upward trajectory.

“HUDCO benefits from the government’s infrastructure and housing push. Despite a 13 per cent rally in the past three months, there is still room for upside,” Singhvi noted.

Vodafone Idea Share Price Target

On Vodafone Idea, Singhvi highlighted a visible improvement in financial performance, with ARPU rising to Rs 180 from Rs 166, and a net loss of Rs 5,524 crore, the lowest in 16 quarters.

However, Singhvi believes the stock’s next move will depend on AGR-related developments. “Even with improving metrics, regulatory clarity will be the real driver. The 2:30 PM concall could offer fresh insights,” he said.

The telecom stock has jumped 46 per cent in three months, with support around Rs 9 and resistance near Rs 10.30.