Experts from IDBI Capital and SMC Global Securities have identified Hindustan Copper and Container Corporation of India as top mid-cap stock picks. Brijesh Ail from IDBI Capital and Saurabh Jain from SMC Global Securities have provided their insights and recommendations on these stocks.
Brijesh Ail suggests buying Hindustan Copper Ltd., predicting a potential appreciation of 30-40% from the current levels. Hindustan Copper Ltd. is a central public sector enterprise under the Ministry of Mines. Incorporated in 1967, HCL is the only vertically integrated copper producer in India, engaged in the mining, beneficiation, smelting, refining, and casting of refined copper metal.
The company operates copper mines in Madhya Pradesh, Rajasthan, and Jharkhand and has smelting and refining facilities in Jharkhand and Gujarat.
Ail also recommends buying Container Corporation of India Ltd. CONCOR is a Navratna public sector undertaking under the Ministry of Railways.
Established in 1988, the company is engaged in the transportation and handling of containers. It operates a network of inland container depots and provides logistics solutions, including cargo handling, terminal operations, and warehousing.
Saurabh Jain is bullish on PCBL Ltd., highlighting the company's significant rise and positive future prospects. "The company largely makes carbon black, which is used in different industries," Jain noted. PCBL has seen substantial growth, and the group remains optimistic about its future.
PCBL is a manufacturer of carbon black, a crucial material used in various industries, including rubber, plastics, and coatings.
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