Ramco Industries, Chola Financial, JK Lakshmi Cement | Check out hot stock picks with Anil Singhvi

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Market Analyst Ashish Kukreja’s previous recommendations on CARE Ratings has hit the jackpot, with the stock doing wonders for the investors. The company has also posted strong Q2FY21 results. In a chat with Zee Business Managing Editor Anil Singhvi he recommended three more stocks with a long term, positional medium term and short term view. Know his top picks of today!

Top Stocks To Buy: Ramco Industries

Kukreja today picked stocks of holding companies as his theme for recommendations. His bet is on Ramco Industries which is doing well in cement and building material segment across South East Asia. It is the holding company of Ramco Cements and Ramco Systems.

This stock is currently trading around Rs 193. The company is virtually debt free, he said adding that this stock is now placed well for an upside. He puts the target price at Rs 300.

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Top Stocks To Buy: Chola Financial Holding

The technical analyst picked Chola Financial Holding as his positional medium term stock. This stock is also a holding company and looks quite effective in this segment, he said. This company has business interests in finance and insurance sectors. He said that the insurance business has great potential.

This stock is currently trading around Rs 414. He puts the target price between Rs 475 and Rs 500 over the next few weeks.

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Top Stocks To Buy: JK Lakshmi Cement

As for short term pick, Kukreja recommended JK Lakshmi Cement. The company has posted strong Q2FY21 results, he said. It is a stalwart in the cement segment in North India and produces cement at the lowest cost. This stock is currenty trading around Rs 296. This company stock has been doing very well. It also has a good brand recall value. It has a good balance sheet as well.

He puts the target price at Rs 325. It is also a good long term buy, he concluded.