Anil Singhvi shares: Because the markets open on Monday, Anil Singhvi has his eyes on three shares that he believes are arrange for potential upside. His picks: Sarda Vitality, JK Lakshmi Cement, and Selection Worldwide are pushed by both sturdy earnings, strong sector momentum, or recent enterprise catalysts.
Anil Singhvi inventory suggestion: Right here’s a fast breakdown of why every identify is making it to his listing immediately with the worth ranges
1) Sarda Vitality
A powerful earnings efficiency has put Sarda Vitality again in focus. The corporate has turned in a strong Q1, with efficiency enhancing throughout income, revenue, and margins. Singhvi sees this as a clear, high-conviction commerce for short-term gamers.
Right here’s the commerce thought:
Purchase above: Rs 433
Goal 1: Rs 444
Goal 2: Rs 450
Goal 3: Rs 458
Cease Loss: Rs 433
The inventory has momentum on its facet, and if it holds above Rs 433, Singhvi expects the upside to come back in shortly.
2) JK Lakshmi Cement
JK Lakshmi Cement’s Q1 numbers communicate for themselves. Revenue has greater than doubled, rising from Rs 56.68 crore final 12 months to Rs 149.88 crore this quarter. Income grew almost 12 per cent to Rs 1,763.14 crore, with cement dispatches rising near 10 per cent.
Behind the numbers is a narrative of higher volumes, softer gasoline prices, and strong demand from housing and infra. It’s the type of quarter that makes a inventory arduous to disregard.
This is the commerce thought:
Purchase above: Rs 965
Goal 1: Rs 980
Goal 2: Rs 990
Goal 3: Rs 1,000
Cease Loss: Rs 965
If it breaks above Rs 965, Singhvi sees room for the inventory to construct on its momentum.
3) Selection Worldwide
This one’s a couple of recent set off. Selection Worldwide has simply obtained its mutual fund licence, a serious step that provides a complete new line of enterprise to the corporate’s already diversified monetary companies portfolio.
Even earlier than this, the corporate had been doing nicely—managing sturdy progress in what’s been a difficult marketplace for brokers. Now, with the MF approval in hand, Singhvi believes the corporate is coming into a brand new progress part.
This is the commerce thought:
Purchase above: Rs 742
Goal 1: Rs 760
Goal 2: Rs 770
Goal 3: Rs 785
Cease Loss: Rs 742
Market guru Anil Singhvi believes that this inventory has short-term potential.