As we are into the results season, some of the companies are releasing strong results unscathed by global headwinds. Likewise, Zee Business Managing Editor – Anil Singhvi who is bullish on the mid-small cap space after the recent meltdown, has recommended buying those stocks from the basket which have delivered healthy Q4 results.
Pertinently, in the recent bout of positive momentum spanning now six straight sessions- the Nifty Midcap 100 and Nifty Smallcap 100 indices have gained as much as 10 per cent and 11 per cent, respectively.
Earlier the market wizard also highlighted that midcap shares have prospects considering factors including order revenue visibility, better management and profitability outlook.
Now as he is bullish on companies which deliver good Q4 financial results, here are some of his finest choices:
Midcap and smallcap stocks to buy:
Choice Broking:
The market wizard said that while the entire broking pack, ranging from Angel One to AB Money. Nevertheless, Choice Broking has delivered a decent March quarter performance. The listed firm of the group Choice International for the March quarter posted a 34.22 per cent rose in profit to Rs 51.69 crore in the quarter ended March 2025 as against Rs 38.51 crore during the previous quarter ended March 2024. Sales rose 17.92 per cent to Rs 253.00 crore in the quarter ended March 2025 as against Rs 214.55 crore during the previous quarter ended March 2024.
The expert hailed the company’s strong results on all parameters. He added that the company’s diversified business model helped in ensuring growth.
For the stock, the market wizard gave a target of Rs 570, 575, 585- meaning gains of nearly 4 per cent. The stop loss recommended for the stock is Rs 555.
Waaree Energies:
Waaree Energies for the March quarter posted a 34.1 per cent rise in net profit to Rs 618.91 crore in the quarter ended March 2025 as against Rs 461.52 crore during the previous quarter ended March 2024. Sales rose 36.3 per cent to Rs 4003.93 crore in the quarter ended March 2025 as against Rs 2935.84 crore during the previous quarter ended March 2024.
Margins at the company also rose, with substantial growth.
Waaree Energies got a push in the previous day’s session as the US slapped an exorbitant tariff on solar imports from South East Asian nations.
Also Read: Waaree Energies, Premier Energies’ rally up to 8% in trade on Tuesday: Here’s why
The expert recommended buying the stop whenever it shows slight correction.
Cyient DLM:
An integrated electronic manufacturing services company and solutions provider for the quarter under review posted a 36.5 per cent rise in net profit to Rs 31.04 crore.
The expert has recommended buying stock for targets of up to Rs 500 with a stop loss at Rs 474. As per the market guru, the company’s operational performance has been robust across parameters.
Of the 3 stocks under discussion and being recommended as a buy, Choice International is a multibagger.