The Indian stock market has been on a rollercoaster ride lately, with the news of Donald Trump’s potential return to the US presidency adding to the volatility. But amidst the ups and downs, some midcap stocks are showing strong fundamentals and promising growth prospects. Let’s dive into the top picks from market experts Siddharth Sedani and Ashish Chaturmohta.
Short-Term Picks (1-3 Months):
- CAMS: This financial sector company is poised for growth in both its mutual fund and non-mutual fund segments. Sedani sees a target of ₹5,000 in the short term (currently trading around ₹4,655).
- Gujarat Fluoro: A market leader in its industry and among the top 5 global players, Gujarat Fluoro is also expanding into the electric vehicle business. Chaturmohta recommends it with a target of ₹5,000 and a stop-loss of ₹4,100 (currently trading around ₹4,300).
Positional Picks (3-6 Months):
- Kaynes Technology: This leading electronics manufacturing services (EMS) company caters to diverse sectors like auto, defense, aerospace, and industrial. Sedani suggests a positional investment with a target of ₹6,500 (currently trading around ₹5,800), driven by strong quarterly results and a robust order book.
- SYRMA SGS: With impressive quarterly results and growing margins, SYRMA SGS is another strong contender. Chaturmohta sees it reaching ₹650 in the coming months (currently trading with long-term support at ₹510).
Long-Term Picks (9-12 Months):
- Mastek: This IT company, with a presence in the UK, Middle East, and India, has shown resilience in the market correction. Sedani recommends a long-term investment with a target of ₹3,500 (currently trading around ₹2,945), citing strong business growth and expanding margins.
- CDSL: As India’s largest depository company, CDSL is benefiting from the continuous growth in demat accounts. Chaturmohta suggests a long-term buy with a target of ₹1,800 and a stop-loss of ₹1,550 (currently trading around ₹1,600).
Here’s a table summarizing the expert recommendations:
| Stock | Sector | Expert | Time Horizon | Current Price (approx.) | Target Price | Stop-Loss |
|---|---|---|---|---|---|---|
| CAMS | Financial | Siddharth Sedani | Short Term (1-3 months) | ₹4,655 | ₹5,000 | – |
| Gujarat Fluoro | Chemicals | Ashish Chaturmohta | Short Term (1-3 months) | ₹4,300 | ₹5,000 | ₹4,100 |
| Kaynes Technology | EMS | Siddharth Sedani | Positional (3-6 months) | ₹5,800 | ₹6,500 | – |
| SYRMA SGS | Electronics | Ashish Chaturmohta | Positional (3-6 months) | ₹510 | ₹650 | – |
| Mastek | IT | Siddharth Sedani | Long Term (9-12 months) | ₹2,945 | ₹3,500 | – |
| CDSL | Depository | Ashish Chaturmohta | Long Term (9-12 months) | ₹1,600 | ₹1,800 | ₹1,550 |
Disclaimer: This blog post is for informational purposes only and should not be considered financial advice. Always do your own research before investing in the stock market.
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