Buy Apollo Tyres Limited and ICICI Bank limited

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Buy Apollo Tyres Limited:

Apollo Tyres Limited

Apollo Tyres Ltd has officially announced a consolidated sales of Rs. 5,217.42 Cr for the third quarter finished on 31-12-2020, which is 20.74% up from its previous quarter sales of Rs. 4,321.11 Cr and 18.11% up from its previous year same quarter sales of Rs. 4,417.53 Cr. The company has reported a net profit after tax of Rs. 443.80 Cr in the previous quarter.

Outlook:

Apollo Tyres Ltd: Experts suggested buy call at current market price: Rs. 225.55 with a target price: Rs. 230; Stoploss: Rs. 222.

Buy ICICI Bank limited:

 

ICICI Bank Limited

 

ICICI Bank Ltd has officially announced a consolidated sales of Rs. 40,454.45 Cr for the third quarter finished on 31-12-2020, which is 2.88% up from its previous quarter sales of Rs. 39,321.42 Cr and 5.43% down from its previous year same quarter sales of Rs. 38,370.95 Cr. The company has reported a net profit after tax of Rs. 5,498.15 Cr in the previous quarter.

Outlook:

ICICI Bank Ltd: Experts suggested buy call at current market price: Rs. 605.80 with a target price: Rs. 620; Stoploss: Rs. 600.

Disclaimer: The perspectives and investment tips are given in this section are the expert’s own and not that of the website or its management. We encourage clients to check with certified experts before taking any position in the stocks/shares mentioned.

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