te Anil Singhvi's 4th work anniversary at Zee Business: Sanjiv Bhasin picks Sterling & Wilson, IRB Infra, Union Bank for up to 5x returns—Here is why | Zee Business

Anil Singhvi's 4th work anniversary at Zee Business: Sanjiv Bhasin picks Sterling & Wilson, IRB Infra, Union Bank for up to 5x returns—Here is why

As Anil Singhvi completes four years at the Zee Business as its Managing Editor, Sanjiv Bhasin of IIFL Securities on Friday recommended three stocks to buy with long-term view

Anil Singhvi's 4th work anniversary at Zee Business: Sanjiv Bhasin picks Sterling & Wilson, IRB Infra, Union Bank for up to 5x returns—Here is why
In conversation with Zee Business Managing Editor, Bhasin picked three stocks for multibagger returns over the four-year time frame.

As Anil Singhvi completes four years at the Zee Business as its Managing Editor, Sanjiv Bhasin of IIFL Securities on Friday recommended three stocks to buy with long-term view. In conversation with Zee Business Managing Editor, Bhasin picked three stocks for multibagger returns over the four-year time frame.  

The market expert suggested these stocks from renewable energy, infra and PSU Bank space. Sterling & Wilson, IRB Infra and Union Bank were his top picks.  

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Picking Sterling & Wilson, IRB Infra on the fourth work anniversary of Anil Singhvi, Bhasin said renewable energy and re-opening are the themes that he looks forward to going ahead while Union Bank will be his dark horse.  

"It won't be a surprise if Sterling & Wilson share price touches Rs 1500 or more in four years. Solar energy is here to stay. This is an investment which cannot be touched for the next five years," said IIFL Securities expert. 

He said IRB infra Is a re-opening theme and has the potential to grow five times from current levels. " It is a no brainer. The government of Singapore holds 49% stake in the company. With re-opening, the more road monetization increases, the more it will help this scrip (IRB infra)," said Bhasin.  

Speaking of Union Bank, IIF Securities expert said that this PSU Bank could be the next Union Bank and can one can't go wrong at current levels of around Rs 40. "With technology and fintech, these PSU Banks have gone a big change. Cost of money is low and it is also doing what leading private banks are doing. Union Bank is my dark horse," said the expert.  

  

Written By: Ravi Kant Kumar
Updated: Fri, Apr 08, 2022
10:37 am
Patna, ZeeBiz WebDesk
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