Cyient, Astral Should Be A Part Of Your Long-Term Portfolio: Geojit Financial Services

Gaurang Shah of Geojit Financial Services has identified two stocks that could be considered promising investment opportunities following the Q3 earnings. The first company he mentioned is the mid-cap IT company Cyient Ltd., which has been outperforming its large-cap counterparts. It exhibits consistent earnings visibility. Post the third-quarter earnings, Cyient is projected to reach a target range of Rs 2,500-2,600. The second stock is in the pipes and fittings sector, Astral Ltd. It is anticipated to reach levels between Rs 2,200-2,300, driven by the recovery in the real estate sector.