Stock Market

Buy these 2 stocks of metal and petroleum sector, chance to earn strong profits in short term

Stocks to Buy: Market expert Vikas Sethi has given buy advice on 2 strong stocks. Know the performance of the shares before investing money.

Stocks to Buy: To invest money in the stock market, market expert and Managing Editor of Sethi Finmart Vikas Sethi has advised to buy on 2 strong stocks. According to today’s trading session, Vikas Sethi has presented a buying perspective on 2 strong stocks of the cash market. If you are also thinking of buying in the stock market, then you can bet on the opinion of Vikas Sethi.

Buying advice given on these stocks

Vikas Sethi has advised to buy on 2 strong stocks of cash market. According to Vikas Sethi, it has been advised to buy on Ratnamani Metal and Panama Petro for short term. Let us know why experts are advising to buy on these 2 stocks …

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Buying Ideas at Panama Petro

Vikas Sethi told that this company is a manufacturer and exporter of petroleum products. The company’s products are used to cater to sectors like pharma, textile, and rubber. According to experts, the fundamentals of the company are very solid.

Panama Petro – Buy Call

  • CMP – 271.05
  • Target – 285
  • Stop Loss – 260

A Look at the Fundamentals of the Company

According to experts, the fundamentals of the company are excellent. The company’s return on equity is 24 percent. At the same time, the debt equity ratio is 0.12 percent. Apart from this, the promoters’ stake in the company is 72 percent. Apart from this, the company had presented strong results in the June quarter.

Company’s June quarter results

The company had presented excellent results in the June quarter. The company had reported a profit of Rs 58 crore in the June quarter. It is the cheapest stock in terms of valuation. Vikas Sethi has given buy advice on this stock for short term.

Expert Opinion on Ratnamani Metal

It is the country’s leading company that provides equipment and piping solutions. 40 percent of the company’s total revenue comes from exports. Recently, the company presented its September quarter results. This time the company presented strong results in the September quarter.

Ratnamani Metal – Buy Call

  • CMP – 2191
  • Target – 2250
  • Stop Loss – 2170

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Take a look at the company’s results

The company reported a profit of Rs 71 crore during the September quarter. While talking about the June quarter, at that time the company had presented a profit of Rs 50 crore. The operating profit margin of the company is 17 percent. Apart from this, the debt equity ratio of the company is 0.07 percent.

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