Investing for 36 to 70% returns in 2 years, where should you invest, Anil Singhvi also explained

Investment is always a big question. Everyone wants high security and high returns on their investment. Market experts like Anil Singhvi continuously search for such shares in the stock market. Singhvi has talked about a stock today. He says that it could provide returns ranging from 36% to 70% over the next 2 years.

When to Buy Aditya Birla Sunlife AMC

Anil Singhvi suggests buying Aditya Birla Sunlife AMC, or ABSL AMC. He advises buying with a time frame of at least 1 year and up to 2 years. As of today, July 18, NSE: ABSLAMC closed at 709.05 INR. Singhvi's suggestion is that its target could be 850, 1000, and 1200 INR. If it reaches ₹1200, it could result in almost 70% profit on your investment. Singhvi suggests that the stock price is currently high. It should be bought whenever its price decreases in the next month.

What's Special about Aditya Birla Sunlife AMC

Market guru Anil Singhvi says this stock is a proxy player for the rapid growth in India's share market. The company will benefit directly from the increase in share prices and the number of investors. It has strong Indian promoters. There is continuous and regular investment in SIP. The company will benefit from this. Annual growth expectations are around 18%. The company's income could double in the next 3 years. There is hope for relief in Section 80C in the budget. The share's valuation is attractive. Mutual fund shares are looking good.

Disclaimer - This is merely news published to provide information to investors in the Indian share market. We do not encourage or discourage investment in any company. Please consult your financial advisor and invest in the stock market based on your own study."