Stocks To Buy Today With Anil Singhvi: Know why Sandeep Jain is bullish on pharma and GTB
Stocks To Buy Today With Anil Singhvi: In yet another edition of 'GEMS by Jain Sahib' show, market analyst Sandeep Jain brings a stock that has great potential to earn high returns for investors. This stock is from the pharmaceutical sector, a sector that this technical analyst is extremely bullish on
Stocks To Buy Today With Anil Singhvi: In yet another edition of 'GEMS by Jain Sahib' show, market analyst Sandeep Jain brings a stock that has great potential to earn high returns for investors. This stock is from the pharmaceutical sector, a sector that this technical analyst is extremely bullish on. Jain said that the results of most pharma companies have been good and this sector will continue to gain traction, going forward.
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आज के लिए जैन सा'ब का GEMS : Gujarat Themis Bio
क्या है इस शेयर की खासियत और किन लेवल्स पर करें खरीदारी? @AnilSinghvi_ @SandeepKrJainTS pic.twitter.com/i5BWutcpo3— Zee Business (@ZeeBusiness) September 1, 2020
Top Stocks To Buy: Gujarat Themis Bio
Jain today picked Gujarat Themis Bio stock as his top buy. This is yet another stock from the pharmaceutical sector which the analyst has chosen for today’s recommendation. This company is a consortium of five competing drug companies including Themis Medicare and Cadila. This company has extraordinary fundamentals. The stocks are available at a PE multiple of 10. The return on capital is 92 per cent while the return on equity is 78 per cent. The CAGR of sales is around 33 per cent while that of profit is 75 per cent. Net profit in June 2019 was 1.47 cr and in 2020 it was 5.57 cr. This company has been reducing its debts and has now virtually a debt free company.
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This is one of those stocks which could be purchased when the prices are down. This stock could be bought for a target of Rs 230-250. This stock is currently trading around Rs 203.
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