Stocks To Buy With Anil Singhvi: Amid high expectations of the current bull run to continue for the sixth successive trading session today, Zee Business Managing Editor Anil Singhvi has been advising non-skilled traders to indulge in stock specific trade strategy. In this regard, the Market Guru today asked Sandeep Jain to share his top stock picks and the Tradeswift Director replied with Kirloskar Oil Engines, Mahindra EPC Irrigation and said these were stocks to buy today for massive gains.
Speaking on Kirloskar Oil Engines shares, Sandeep Jain told Anil Singhvi, “Kirloskar Oil Engines shares are available at attractive valuations, the promoters’ share in the company is also attractive and the dividend yield of the company is also at an attractive 3.4 per cent. My advice to the stock market traders and investors is to buy the counter at current Rs 130 per stock levels for the target of Rs 160.”
He said that company is a zero-debt company and it is in power dealing business which has huge potential to rise in the coming times.
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On his second pick of the day, Sandeep Jain said, “My second pick of the day is Mahindra EPC Irrigation. Earlier it was listed at BSE only but recently it has been listed at the NSE also. Mahindra EPC Irrigation stocks stand at the PE multiple of 18 while the Return on Capital (ROC) of the company is 20 per cent. Company’s sales growth is also at 12-13 per cent while the CAGR profit growth in last five years is also at attractive 67 per cent.”
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On his suggestion to the stock market investors in regard to Mahindra EPC Irrigation shares, Jain said, “One can buy Mahindra EPC Irrigation stocks at current 179-80 per share levels for the target of Rs 190 to Rs 200.”