Monday, June 17, 2024
Home > Stock Market > Mid-cap Picks with Anil Singhvi: 3 stocks that promise good returns – Rajat Bose recommendations

Mid-cap Picks with Anil Singhvi: 3 stocks that promise good returns – Rajat Bose recommendations

[ad_1]

The tough job of researching and analysing stocks, and picking the most suitable candidates to derive bumper returns from is being carried out in a systematic manner at Zee Business. Through a special show on Mid-Cap stocks, a number of stock picks have been recommended that have done very well. Keeping the momentum going today was market expert Rajat Bose. Managing Editor Anil Singhvi  asked his panel member to reveal names of the stocks that Bose had picked today and these are the ones that he named: 

Top Stocks To Buy: Tinplate Company of India 

Bose today picked Tinplate Company of India as a long term Buy. A Tata Group company, Tinplate has a market capitalisation of Rs 1400 cr. After seeing a bottom formation around Rs 130, this stock has seen an upward trend. Tinplate company is a market leader in this segment with 68 per cent domestic market share. It also supplies its products to Tata Steel, which is a promoter company. This stock is currently trading around Rs 144. This stock is expected to achieve a target price of Rs 220 over a 1 year period. He puts the stop loss at Rs 115 on the closing basis.       

Watch Zee Business Tweet Video Below:

Top Stocks To Buy: Intellect Design Arena 

This analyst picked Design Arena as his positional medium term Buy. It has crossed its 200-day moving average and is marching upwards. He said that this stock should be accumulated at existing levels or even at a dip around Rs 150. This stock is currently trading around Rs 173. He said that his conservative positional target will be Rs 230 over 2-3 months from here. This stock has the potential to go up to Rs 280-300. He puts the stop loss at Rs 125 on a closing basis.  

See Zee Business Live TV Streaming Below:

Top Stocks To Buy: Cyient Ltd 

As for the best short term pick, Bose picked an IT and software company –  Cyient Ltd. Bose said it has a strong chart pattern. This stock has already begun its movement in the upward direction. Cyient shares are currently trading around Rs 345. He expects the prices to reach around Rs 381 in the near term. He puts the stop loss at Rs 305.



[ad_2]

Source link

Leave a Reply

Your email address will not be published. Required fields are marked *