In a chat with Zee Business managing editor Anil Singhvi, the market expert recommended two short-term actions. In choosing Alicon Castalloy and Emmbi Industries from the spot market, Sethi said that the shares of both companies have the potential to provide good returns to investors in the short term.
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Speaking of his first pick, the market expert said that it is a very good stock of the cash market. Recommending Alicon Castalloy, Sethi said: “It is an innovative company, having one of the largest aluminum smelting foundries in the country. It has 49 years of experience in the business and also has a global presence. It is one of the largest manufacturers. of alloy wheels “. Too. In total, the company has 13 plants in 4 strategic locations. It also has a technical link with Japanese companies and the promoters have also recently increased their stake in the company. One should buy this stock at the current levels with two short-term targets of Rs 850 and 860, while this counter’s stop loss is Rs 800. ”
शॉर्ट टर्म में दमदार रिटर्न के लिए बेहतरीन CHOOSE …
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Vikas sethi’s second picket was Emmbi Industries. He said it is a lesser-known small-cap company. “The company is dedicated to green products. TI makes packaging for the agricultural sector and manufactures homopolymer bags, which are environmentally friendly and recyclable. It is a retail brand that is also very popular in the agricultural sector. The company also has a very good potential in water the company also exports its products and the share of p[romotersesdecenteal58%InclusolosFIIylosDIIenconjuntotambiéntienenel10%departicipaciónenestaempresaLaempresatambiénregistróunbuenresultadoeneltrimestredejunioloquehizoquePATsaltarasustancialmenteElobjetivoparaestaacciónesde120rupiasyelstoplossesde100rupias”concluyóSethi[romotersholdingisdecentat58percentEvenFIIsandDIIsjointlyalsohold10%stakeinthiscompanyThecompanyalsopostedgoodJunequarterresultwhichsawPATjumpingsubstantiallyTargetforthisshareisRs120andstoplossisRs100″Sethiconcluded[romotersesdecenteal58%InclusolosFIIylosDIIenconjuntotambiéntienenel10%departicipaciónenestaempresaLaempresatambiénregistróunbuenresultadoeneltrimestredejunioloquehizoquePATsaltarasustancialmenteElobjetivoparaestaacciónesde120rupiasyelstoplossesde100rupias”concluyóSethi[romoters holdingisdecentat58percentEvenFIIsandDIIsjointlyalsohold10%stakeinthiscompanyThecompanyalsopostedgoodJunequarterresultwhichsawPATjumpingsubstantiallyTargetforthisshareisRs 120 andstoplossisRs 100″Sethiconcluded