Top Stocks to Buy with Anil Singhvi: In this year’s Budget 2021, the government would want to give a big boost to consumption, Market Expert Rahul Arora of Nirmal Bang Securities said in chat with Zee Business Manging Editor Anil Singhvi.
The analyst further said that there are state elections ahead of the budget.
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Arora said that the consumption situation is now getting back on the track after the dip due to the lockdown. The numbers which have come with respect to this have been strong, he added.
Top Stock to Buy – Hindustan Unilever – He said that considering all the above factors in mind, one stock that he would like to recommend is Hindustan Unilever (HUL). He said that the EBIDTA and profit growth over the next 2 years is expected to be between 18-20 per cent, he said.
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The top line growth is expected to be between 10-12 per cent.
He puts a one-year view on HUL stock with a target price of Rs 2750.