Anil Singhvi’s stocks of the day: Tech Mahindra, Persistent Systems, ICICI Lombard shine on strong Q2

Anil Singhvi’s stocks of the day: Tech Mahindra, Persistent Systems, ICICI Lombard shine on strong Q2

Anil Singhvi Stocks of the Day: Indian stock markets opened in green today, and Zee Business Managing Editor Anil Singhvi has identified Tech Mahindra, Persistent Systems, and ICICI Lombard as his top stock picks for the day. All three companies delivered robust Q2FY26 results, making them attractive for investors. 

Here’s market guru Anil Singhvi’s top three picks of the day:

1) Tech Mahindra beats estimates

Tech Mahindra Q2 results beat estimates. The company reported better-than-expected numbers with revenue up 4.8 per cent and PAT rising 4.6 per cent. EBIT jumped 15 per cent, while margins improved to 12.1 per cent from 11.1 per cent. Constant currency growth stood at 1.6 per cent quarter-on-quarter.

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Anil Singhvi suggests investors look to buy near support levels of Rs 1,442–1,433, with potential upside towards Rs 1,484 and Rs 1,510.

2) Persistent Systems leads IT sector

Among IT companies, Persistent Systems emerged as the strongest performer this quarter. Revenue grew 7.4 per cent, PAT jumped 10.8 per cent, and EBIT rose 13 per cent. Margins improved to 16.3 per cent from 15.5 per cent, with 4.4 per cent constant currency growth.

The company is now focusing on target of $200 crore in revenue by FY27. Market guru Singhvi recommends buying Persistent Futures with a stop loss of Rs 5,230, aiming for Rs 5,400, Rs 5,475, and Rs 5,550.

3) ICICI Lombard stands out in insurance

Despite last quarter’s GST-related issues, ICICI Lombard delivered steady results. Premium earned rose 12 per cent, PAT increased 18 per cent, and gross premium written was up 1.6 per cent. The combined ratio stood at 105.2 per cent versus 104.5 per cent.

Singhvi points out that the stock has underperformed by 18 per cent over the past year, offering a buying opportunity. Suggested levels: SL 1,830; targets 1,880, 1,900, 1,920.

Why Investors Are Watching

Strong earnings, margin expansion, and clear growth visibility have put these stocks in focus for both short-term traders and medium-term investors. Singhvi’s picks reflect companies showing resilience and potential across IT and insurance sectors.

 

 

 

 

 

 

 

 

 

 

 

 

 

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