Stock of the Day: Market Guru Anil Singhvi picks this investor-friendly company today - Aarti Drugs
Stock of the Day: Zee Business Managing Editor Anil Singhvi today recommended Aarti Drugs - he said it was a stock to buy today for good returns.
Stock of the Day: Zee Business Managing Editor Anil Singhvi today recommended Aarti Drugs - he said it was a stock to buy today for good returns. Singhvi said that company's board meeting is scheduled today and there can be a buyback announcement too. He said that the buyback can be at an attractive premium as the company has a history of rewarding its shareholders.
Speaking on why one should buy Aarti Drugs shares, Anil Singhvi said, "The Board meeting of Aarti Drugs company is scheduled today, and the company is expected to announce buyback at an attractive premium. So, Aarti Drugs is the share to buy today for whopping returns."
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On why he is so bullish on Aarti Drugs stock, the Market Guru said, "Aarti Drugs has a record of rewarding its shareholders. In March 2019, it announced share buyback and in October 2020, the company announced bonus for its shareholders where it awarded three Aarti Drugs share for each shares."
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On his suggestion to the stock market traders and investors in regard to the Aarti Drugs shares, the Market Guru said, "One can buy Aarti Drugs shares at current price for the target of Rs 700, 715 and 735. But one should maintain the stop-loss at Rs 665. Once the stock hits its Rs 700 target and sustains above Rs 700 one can change its stop-loss t0 Rs 680."
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11:34 AM IST