Stock Market

Best Midcap Stocks for Higher Return

Today Sharad Awasthi of SMIFS and Jai Thakkar of MSFL have selected 6 stocks where you can invest in short, long and positional terms.

1. Short Term  CreditAccess Grameen

Its current level is around 863. 1000/1050 will be the target. Will be at target price. 25% in the coming time its parent company CreditAccess NV is strong company.

KEC International is a RPG Group company. Next two years will be very good. There is a business of three and a half to four thousand crores in the railways. Earnings and revenue growth will be very strong. The orderbook has been very robust in the last year. Right now it is running around 445. Its target will be at 630.

2. Positional Term KEC International

Very good company. There is a big position in many products. Earnings can have a CAGR of 18-20% in the next two years. The current level of this stock is around 2697. 4500 will be the target.

3. Long Term Balaji Amines

Jyoti Labs will be the pick of the day for the short term. It is currently trading around 201. Buy and hold for a target of 270. Keep a stoploss of 170. 1:2 in this

4. Short Term Jyothy Labs

Wockhardt is selected in the positional pick. Pharma Stock. There is an uptick in the weekly volumes. Available to trade around 235. From the risk-reward view, it has to be bought for the target of 323/350. 202 will be the stoploss.

5. Positional Term Wockhardt

Star Health's stock showed significant correction after listing, followed by sharp recovery. It is currently trading around Rs.580. Stoploss will be below 470. Have to buy and walk for 902.

6. Long Term Star Health