Source – https://www.zeebiz.com/markets/stocks/news-railway-stock-to-buy-for-long-term-investors-expert-has-selected-this-multibagger-railway-stock-jupiter-wagons-oil-india-pnc-infra-share-price-mid-cap-target-price-bse-nse-nifty-sensex-275993
Publisher – Zee Business
Stocks to BUY: The stock market went through volatility in the week gone by. While the benchmark Nifty 50 closed with a decline, the midcap index rose by 1.6 per cent on weekly basis. Experts estimate that there will be stock-specific action in the market this week. The December quarter result season is in its last phase. Analysts say that the impact of global markets and events will also be visible on the market. Amid such predictions, Siddharth Sedani of Anand Rathi Financial Services has selected 2 mid-caps and one large-cap stock for long-term investors.
Jupiter Wagons: Share Price Target
The expert has chosen railway stock Jupiter Wagons for long-term investors.
This week, this share closed at the level of Rs 372.85 with a decline of about 1.17 per cent on Friday.
He has given a long-term target of Rs 445 for the stock.
This company is expected to get big orders after the budget.
The 52-week high for the stock is Rs 433.95, which is also its all-time high.
This is a multibagger Railway Stock which has given a return of 295 per cent in the 1 year.
PNC Infra share price target
On positional basis, the expert has selected PNC Infra from the infra sector for the next 3-6 months.
The target has been given at Rs 493.
This share closed at the level of Rs 427.05 with a decline of 3.77 per cent on Friday.
The stock’s 52-week high is Rs 463.20, which is also its all-time high.
This stock has jumped by 23 per cent in the one month and by 38 per cent in the three months.
The growth of the company in the last few years has been healthy.
The order book is close to Rs 17400 crore. There is also a plan for Capex, which will benefit from it.
Oil India share price target
Sedani has chosen Oil India for the short term.
This share closed at Rs 515.45 with a rise of 0.81 per cent on Friday.
He has given the target of Rs 534 for the next 1-3 months.
This stock made a new 52-week high of Rs 524.60 on Friday. There has been a significant increase of 38 per cent in the one month and 70 per cent in the three months.
