Market expert Sandeep Jain has chosen a strong stock for purchase. This stock can be included in the portfolio for short to long term. This stock can make investors earn a lot of money
Stock To Buy: On July 11, the stock market started with a rise but later the market saw a decline. Today the market started with recovery but after some time profit booking was recorded in the market. To bet in the market and make money, you can bet on the opinion of market experts. Market expert Sandeep Jain has chosen a strong stock for purchase. This stock can be included in the portfolio from short to long term. This stock can make investors earn a lot of money.
💎जैन सा'ब के GEMS…
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आज Banco Products Ltd को क्यों चुना संदीप जैन ने ?
संदीप जैन से जानिए कंपनी के फंडामेंटल्स, तेजी के ट्रिगर्स और टार्गेट…@SandeepKrJainTS @AnilSinghvi_ #StockMarket #StocksToBuy pic.twitter.com/aYSLf7nt6c
Market expert Sandeep Jain has chosen Banco Products for purchase. The expert said that the fundamentals of this stock are very good. This company makes products for the automotive industry. The company has a very good list of customers and a long list of OEMs.
Stock To Buy– Banco Products (India) Ltd.
CMP- 674
Target Price- 790/830
Why buy this stock?
Experts said that this company has been operating since 1961. The company’s research and development is also good. The company’s debt equity ratio is 0.04%. The company has a strong credit rating. Experts said that it has corrected from the higher level and is now trading at this level.
How are the fundamentals of the company?
The company’s stock is at a PE multiple of 17. The company’s return on equity is 26 percent. In the last 3 years, profit growth has been 33-34 percent and sales growth has been 26 percent. Talking about quarterly results, a profit of Rs 68 crore was presented against Rs 51 crore. The company’s market cap is Rs 4500 crore. The promoters’ shareholding in the company is 68 percent.
(Disclaimer: The advice on investing in stocks here is given by market experts. These are not the views of Stock Wallah. Consult your advisor before investing.)
