Stocks to buy: Mehul Kothari suggests buying 3 midcap scrips
Anand Rathi brokerage's analyst is bullish on three midcap stocks for different time horizons, including long and short term.
Stock Recommendations: Are you looking for stock ideas with a perspective of 1-12 months? An analyst from Anand Rathi brokerage has suggested buying shares of three midcap companies.
3 Midcap Stocks To Buy
Anand Rathi's Mehul Kothari is bullish on three midcap stocks for different time horizons, including long and short term.
Mehul Kothari expects nearly 20 per cent returns
These three midcap stocks could rise nearly 20 per cent in the next 1-12 months, according to the analyst.
Shares to buy for long term: Force Motors Share Price Target
Mehul Kothari recommends buying Force Motors shares for a target of Rs 8,500 with a stop loss at Rs 6,400.
Force Motors Share Price Target
According to Mehul, the Force Motors stock could rise to 18.88 per cent as of today's session closing at Rs 7,150 in the next 12 months.
Shares to buy for short term: Schneider Electric Infrastructure Share Price Target
The analyst has recommended buying Symphony shares for a target of Rs 1,300 with a stop loss at Rs 980.
Shares to buy for short term: Schneider Electric Infrastructure Shares
Kothari has predicted a return of 16.17 per cent in the next 1-3 months.
Shares to buy for 3-6 months: Symphony Share Price Target
Kothari recommends buying Schneider Electric Infrastructure stock with a target of Rs 700 and a stop loss at Rs 570.
Shares to buy for 3-6 months: Symphony Shares
According to Kothari, the Schneider Electric stock could rise 13.04 per cent within 3-6 months.
Recommended stocks' past performance
Here's how these three recommended midcap stocks fared in the last 12 months.
Force Motors Past Performance
Force Motors's stock has given a return of 10.40 per cent in the last one year, outperforming the Nifty 50 index.
Symphony's stock witnessed a rise of 22.81 per cent in the same period, while Schneider Electric Infrastructure's stock gave a 5.46 per cent.
(Disclaimer: The views/suggestions/recommendations expressed here in this article are solely by investment experts. Zee Business suggests its readers consult their investment advisers before making any financial decision.)