Expert Stocks: Vikas Sethi’s two great stock picks from the cash market, will get bumper returns. Zee Business

There is a great recovery in the stock market from the lower levels. Nifty recovered about 150 points and Sensex 500 points from the lowest level of the day. FMCG and auto stocks are buying the most in the recovery of the market. HUL is the top gainer in Nifty with a jump of about 3 per cent. Apart from this, Maruti and Eicher Motor are also up by 2-2 percent. In a volatile market Vikas Sethi of Finmart is bullish on two stocks of Sethi Cash Market.

Bullish on Sutlej Textiles from the cash market

Vikas Sethi said that there is an opinion on buying Sutlej Textiles from the cash market. The short term target on the stock is Rs 85 and the stop loss is Rs 69. This company is promoted by Dr.KK Birla. It is engaged in the business of Textile, Cotton Yarn and Home Textile segment. Raymond, Siyaram, Arrow, Aditya Birla Fashion, Donear as well as many international brands are big customers of the company. The company has a strong order book. Also the share is very cheap in terms of valuation. The market cap of the share is Rs 1180 crores. The company released very impressive results in the June quarter, with a PAT of Rs 45 crore. Overall, there is every possibility of a rise in the stock.

Target Rs.400 on Latent View

He gave the second share from the cash market itself, which is Latent View Analytics. Is in the business of Data Engineering, Data Consultant and Data Analysis. There are only a few companies like this in India. The company’s business is in Retail, BFSI and Technology segments. The company has 30 clients worldwide, which are included in Fortune 500 companies. Strong fundamentals, the CAGR of PAT has been strong in the last 3 years. The company’s IPO was filled more than 300 times, which is more than the response to any public issue in India. Overall, it is a buying opinion on the stock. The short target on the stock is Rs 400. The stop loss is Rs 375.

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