In chat with Anil Singhvi, analyst Vikas Sethi picks Tata Metaliks, Nalco as top buys

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In today’s edition of popular TV show ‘Sadabahaar Sethi Saab’, Market Analyst Vikas Sethi recommended two stocks – one each from the cash markets and futures and options (F and O).  Sethi’s recommendations to Zee Business Managing Editor Anil Singhvi was from the short term perspective. Know which stocks are these and why this analyst picked them.  

Top Stocks To Buy: Tata Metaliks  

     

Analyst Vikas Sethi’s first stock was Tata Metaliks from the cash markets. Calling this company, one with excellent fundamentals, he said that the company is into manufacturing of pig iron. It is the world’s first company which has branded this product. The September quarter results were strong with operating profit margins at 18 per cent. The PAT reported was of Rs 82 cr. The debt-to-equity ratio is 0.23. Moreover, all Tata Group company stocks are now in focus. 

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The stocks are currently trading around Rs 617. He puts the target price at Rs 630 while the stop loss at Rs 595.  

 

Top Stocks To Buy: NALCO

 

Another stock picked by him was from the metal sector. This sector was in focus today. He picked National Aluminium Company (NALCO). He said that this company is also very good in term of its fundamentals. It is also one of the lowest-cost producers of Aluminium. The company is fully integrated with the company capable of fulfilling its raw material requirements.    

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 The stock is currently trading around Rs 42. He puts the target price at Rs 45 with a short term perspective and stop loss at Rs 41.

 

This stock was recommended by another stock market analyst who said that the levels recommended by Sethi will soon be achieved. He said that once this level is breached the stock may  

   

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