te Orient Electric Ltd, Radico Khaitan, Ami Organics—Here is why Siddharth Sedani thinks these stocks can give good returns | Zee Business

Orient Electric Ltd, Radico Khaitan, Ami Organics—Here is why Siddharth Sedani thinks these stocks can give good returns

In today's edition of 'Special Mid Cap Picks' of Zee Business, market expert Siddharth Sedani picked three stocks—Ami Organics, Radico Khaitan and Orient Electric Ltd.

Orient Electric Ltd, Radico Khaitan, Ami Organics—Here is why Siddharth Sedani thinks these stocks can give good returns
Sedani explained why he thinks investors should buy these stocks for good returns.

In today's edition of 'Special Mid Cap Picks' of Zee Business, market expert Siddharth Sedani picked three stocks—Ami Organics, Radico Khaitan and Orient Electric Ltd in the long term, positional and short-term categories respectively. 

Speaking with Zee Business Managing Editor Anil Singhvi on Thursday, Sedani explained why he thinks investors should buy these stocks for good returns. 

See Zee Business Live TV Streaming Below:

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Long Term: AMI Organics Ltd
He said that it is one of the best companies in the pharmaceutical sector. The company is going to launch new products in the market and is also planning to further increase its utility level. Hence, it is a perfect fit for long-term pickup.
Target: Rs 1354
Duration: 9-12 months

Positional: Radico Khaitan
The market expert picked Radico Khaitan in the positional category. He said this alcoholic beverage company is gaining significant market share in the premium category. Compared to its competitors, the firm is growing well and the management is anticipating double-digit revenue growth in the coming years. Apart from that, the capacity expansion of the company is about Rs 750 crore.
Target: Rs 1040
Duration: 3-6 months

For More Details Watch Full Video Here:

Short Term - Orient Electric Ltd
Sedani said that he picked Orient Electric Ltd for the short-term category. He said the company's revenue comes close to 80% and their market share from the fun segment is 20%. This firm is the largest exporter to fans. It has more than 5000 dealers and 1.25 lakh retailers. Apart from that the management expects 28% profit in next 2 years.
Target: Rs 385

Written By: ZeeBiz WebTeam
Edited By: Ravi Kant Kumar
Updated: Thu, Apr 28, 2022
05:16 pm
ZeeBiz WebDesk
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