Stock to Buy: If you want to make money on the stock market today, despite its ups and downs, you can bet by asking an expert.
Stock to Buy: On the first day of selling each week, i.e. On Monday, the stock market opened with a boom. However, right after the market opened, it started to go down. If, during today’s trading session, you want to make money despite the ups and downs of the stock market, you can bet on the advice of experts. Sandeep Jain, a market expert, has chosen a good stock for buyers and told them to buy it. Experts say that putting money into this stock is a good way to make a lot of money. This stock can be added to the account so that money can be invested on the stock market and made back quickly.
This strong stock was chosen by an expert
Sandeep Jain, a market expert, has chosen a good stock to buy. Techcraft is the name of the stock. Experts think that buyers can make money quickly with this stock. The expert said that this is the fourth time he has given a call on this stock on Jain Saab’s James Show, and each time the stock has reached its goal price.
The expert said that this company has three different lines of business. The company is known all over the world, which is a good thing. This business also helps the cloth industry. The expert said that from an investor’s point of view, a company with three or four companies is a good thing.
Technocraft – Buy
- CMP – 1241
- Target Price – 1350/1370
How are the core parts of the business?
Since 1972, this company has been in business. Long term, the expert said, the company has an A+ grade. The price-to-earnings ratio of the stock is 9.5, and the return on equity is 22%. In the last three years, the profit has grown by 31%. Aside from this, the company’s main goal is to increase its capital expenditures.
In terms of quarterly statistics, the company made a profit of Rs 65 crore in December 2021 and Rs 87 crore in December 2022. The founders have a 74% stake in the company. This stock can be in the portfolio for between three and six months.
(Disclaimer: The advice given here to invest in stocks is given by a brokerage house. These are not the views of Rapeednews. Before investing, consult your advisor.)