Anil Singhvi – Top Stocks to Buy at Max India: The budget 2021 presentation is just a few weeks away and there is one stock in operation until then. Anil Singhvi, Editor-in-Chief of Zee Business, said it has a reasonable valuation and is not only important from a 2021 budget perspective, but also a good stock from a long-term investment perspective. This stock is Max India. Research analyst Ashish Chaturvedi has published a detailed report.
Chaturvedi said the company was recently relisted on August 28, 2020 with an attractive valuation of Rs 80 per share, and its subsidiaries have a lot of value. It is a holding company of Max Group. The company has two unique business models and is likely to pay abundant dividends to the company in the future, he said.
See Zee Business Live TV Streaming below.
Income contributions and cash flow are expected to improve from here. Max India has a business interest in the healthcare, real estate and education sectors.
He said real estate projects are in Dehradun, Noida and Delhi. Max India has a regular source of rental income.
Watch the Zee Business Tweet video below.
— GeeBusiness (@ZeeBusiness) January 5, 2021
Max India is targeted at the elderly and is actively planning for this segment. Max India will invest 300 rupees in the industry, which will lead to further growth, Chaturvedi said. This segment has been EBIDTA positive for the past 3 years, giving a healthy margin of 15%. Certain reports suggest that the company’s revenue can exceed 500 cr from this segment.
Unique business model
One of Max India’s subsidiaries, Skills First, is in the field of skills development and education with many growth tools. The company’s balance sheet is also very strong, with a free cash of 400 rupees. All of this suggests that Max India stocks can give good returns.
Anil Sinbi’s view on Max India
Market Guru said it was the first stock in the Budget 2021 series and its growth prospects are unquestionable. He said it was a cash-rich company with tremendous prospects. Valuations are at a comfortable level and if the stock offers a 40-50% return on an annual basis, it will be a good result for investors.
At 10 am, Max India’s share price traded at Rs 64.50 on the NSE, up almost 4%.
Budget 2021 Anil Singhvi Stocks – Reasonable Valuations, Bumper Return Potential Makes Max India the Top Stock to Buy
https://www.zeebiz.com/india/news-budget-2021-stocks-with-anil-singhvi-reasonable-valuations-bumper-return-potential-makes-max-india-a-top-stock-to-buy-145147 Budget 2021 Anil Singhvi Stocks – Reasonable Valuations, Bumper Return Potential Makes Max India the Top Stock to Buy