Please suggest four-five mid-cap stocks with three-four year investment horizon, as well as the pricing range around which they should be purchased.
I had mentioned some good mid-cap stocks in my previous columns. However, I am repeating them again. They have appreciated over the last week, but on declines they can still be good bets with a long-term perspective. The list includes FirstSource Solutions Ltd: current price is Rs15.85; price to watch is Rs12-13. Mcleod Russell India Ltd’s current price is Rs55.10; price to watch is Rs48-49. Shree Renuka Sugars Ltd’s current price Rs81.20; price to watch for is Rs72-73, Sesa Goa Ltd’s current price Rs87.15; price to watch for is Rs73-74. Mercator Lines Ltd’s current price is Rs25.30 and looks attractive at current levels.
Answers are based on a technical analysis of the markets and individual stocks. The views expressed on this page are not the newspaper’s opinion and are provided for information purposes by Vipul Verma. Readers are requested to do their own research before participating in the stock markets. Neither the paper nor the information provider will be responsible for any outcome based on information provided here.