Best Shares To Buy For Short Term In March 2018
Mar 01, 2018 | 19:01 PM IST
Mar 01, 2018 | 19:01 PM IST
In general, Short-Term investments are considered to be riskier than long term investments. But, short-term investments are important for making more profit from cash savings or liquid assets. Below were the best stocks to buy in March 2018, read Best Short Term Stocks To Buy Today if you are looking to buy shares today.
Share Market Tips For March 2018
Share Market Tips For March 2018: 4th Week
Voltamp Transformers (NSE: VOLTAMP) (Share Price: Rs.1133.40) Share Market tips: Can be considered(10 Step Process To Confirm If It's A Buy)
Valuation: Undervalued stock with trailing PE of 15.06x as compared to close peers.Reasons to consider: The company posted healthy numbers in Q3FY18. The company is cash rich with a parcel of land in hand where it is planning to set up a new facility. Undervalued status of the company makes it more attractive. It has shown continuous improvement in topline and operating profit margin since last four years.Drivers: The company is engaged in manufacturing of oil-filled power and distribution transformer and dry type transformers which have application across sectors in power generation. Expected revival in power sector and investment cycle poised well for company's growth. Also, the order book of Rs.330 crores provides better revenue visibility over next two quarters.Financials: In Q3FY18, the company posted revenue of Rs.160 crores vs Rs.110 crores in Q3FY17. EBITDA stood at Rs.31 crores vs Rs.14.30 crores YoY. The company posted EPS of Rs.23.33/share vs Rs.9.22 crores in Q3FY17.
Best Shares to Buy For March 2018: 3rd Week
Firstsource Solutions (NSE: FSL) (Share Price: Rs.47.50) (Share Market tips): Can be considered
Valuation: Undervalued stock with trailing PE of 10.61x as compared to close peers.Reasons to consider: The company posted strong Q3FY18 numbers with margin expansion. The company has healthy valuation numbers making it more attractive. Healthcare segment of the company posted robust numbers in Q3FY18.Drivers: The company won eligibility contract from one of the largest healthcare systems in North America where the company would be one of the preferred partners of customers to deliver service directly to their hospitals. Also, reduction in US tax rate is positive for the company.Financials: In Q3FY18, the company posted net sales growth of 0.3% YoY to Rs.863 crores. EBITDA margin expanded to 13.09%. PAT grew by 42.7% YoY to Rs 99.55 crores. EPS grew by 40.78% YoY to Rs 1.45/per share.
Best Shares to Buy For March 2018: 2nd Week
Pondy Oxide (NSE: 532626) (Share Price: Rs.574) Share Market tips: Can be considered
Valuation: Undervalued stock as compared to close peers with trailing PE of 9.76x.Reasons to consider: Pondy Oxide is one of the top players in the battery industry. The company is India's leading producer of lead having a presence in lead alloys and PVC additives which are supplied to the battery, chemical and PVC manufacturers. Owing to the business background, it has grown at CAGR of 20% in last five years.Drivers: Lead prices are trading closer to $ 2609/tonne which increase by 31% YoY. It would benefit coming in coming quarter. It has acquired land at Kancheepuram District for constructing a facility of manufacturing zinc metal (capacity- 9000 MT/annum), zinc oxide (capacity- 3600MT/annum).Financials: In Q3FY18, the company posted a good set of numbers with PAT of Rs.8.04 crore against Rs.7.05 crore QoQ and Rs.6.97 crore YoY. EPS stood at Rs.14.42/ share and Rs.36.69/ share in 9MFY18.
Best Shares to Buy For March 2018: 1st Week
UPL (NSE: UPL) (Share Price: Rs.748) Share Market tips: Can be considered
Valuation: Fairly valued as compared to closed peers with trailing PE of 18.68x.Reasons to consider: Diversified fully integrated agrochemical player with a footprint across the globe. Healthy and improving operating margin to ~21% since last two years. Higher return on equity of 37% shows financial strength of the company. Sales are growing with CAGR of 16% since last five years.Drivers: In Budget-2018, government has announced many agriculture sector related schemes which would fuel sectoral growth. Also, global agro-chemical demand drives the sales growth of the company aided by strong global footprint. Product portfolio fits well in industry tailwind.Financials: Sales grew by 16% in FY17 to Rs.16,312 crores. Operating margin stood at 21.31% while PAT margin stood at 10.42% in FY17. PAT of the company registered growth of 69% to Rs.1,752 crores in FY17.
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