The small-cap and mid-cap stocks are falling since last week mostly because of the new BSE circular. we have seen around 7-7.5% fall in this segment. But what to do now with these fallen stocks, Warren Buffett once said that it is wise for investors to be “fearful when others are greedy, and greedy when others are fearful.”Yes, this means it is a good time to accumulate some great stocks with great fundamentals.
Mid-cap stocks with great fundamentals to buy now
- Dixon technologies
It engaged in manufacturing products in the consumer durables, lighting, and mobile phones markets in India. Dixon tech is one of the largest manufacturers of mobile phones and led TVs in India. Dixon tech today’s price is at 4097 which is below its 50 days moving average. The company has shown good returns in the past years and also with great profits in the past years. This is a fundamentally strong stock, so this will be a good one to accumulate now for great returns.
2. Astral Poly technik
Astral Poly Technik Limited is engaged in the production of plastic products. The Company and its subsidiaries are engaged in the business of manufacturing and trading pipes, fittings, and adhesive solutions. This is another beast with great financials and fantastic returns over a period of years. Astral poly today’s price is 2045 and has come above its 50 days moving average recently, So this is a good opportunity to capture it as it has already started showing reversal. the MACD indicator is showing a buy signal and the stock is also in an oversold zone.
3. Federal Bank Ltd.
The Federal Bank Limited is a banking company. The Company operates through four segments: Treasury, Corporate or Wholesale Banking, Retail Banking, and other banking operations. If you are interested in banking stocks then this should be on your list, with good financials and a good NPA ratio Federal bank is the best buy for the long term, and with the recent falls it seems more attractive to grab. The federal bank today’s price is 83.50. Accumulate it with every dip.
Read this: BSE new circular on Mid-cap and Small-cap stocks|new circuit limits
4. Persistent Systems Ltd.
Persistent Systems Limited is engaged in the business of building software products. The Company offers complete product life cycle services. Though this mid-cap has not shown a decent fall. But after a small consolidation, it is about to fly, So for quick returns Persistent is a goto stock with great financials and high returns. Persistent systems today’s price is 3211.90.
Small-cap stocks with great fundamentals to buy now
- Prince Pipes And Fittings Ltd
It manufactures polymer pipes and fittings for plumbing, irrigation, and sewage disposal. . The Company distributes its products under two brands: Prince Piping Systems and Trubore Piping. This stock is consolidating for a long time. But it is also a great buy as it has shown drastic change in financials and also good returns. It can be added on dips. Prince Pipes, today’s price is 649.
2. Vaibhav Global Ltd.
It is a holding company. It is an electronic retailer of fashion jewelry and lifestyle accessories. At worst times in this pandemic, the stock has shown good profits which proves it as a covid proof share. Though it has been consolidating in the range for a long time it can’t be ignored as it has great fundamentals. Vaibhav Global today’s price is 773.45.
3. Firstsource Solutions Ltd
One of Rakesh Jhunjhunwalls Portfolio stock Firstsource Solutions Limited is a provider of a range of business process management services. The Company provides its services to a range of sectors, including healthcare, telecommunications, and media, banking, and insurance. This stock after a 25 % fall from its high is now all set for a reversal. It has come above its 50 days moving average showing a reversal trend and the MACD indicator is also showing a bullish signal. Firstsource Solution today’s price is 200.50.
Apart from this, there are many stocks but from my point of view, these stocks are risk-free and can be invested in the long term.
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Note: I am not SEBI certified, and my ideas about these stocks are my personal views, so before investing do have your own analysis.