Buy CG Consumer Electricals Ltd & Ramco Cements Ltd

Buy CG Consumer Electricals Ltd & Ramco Cements Ltd

Crompton Greaves Consumer Electricals Ltd (CROP):

Crompton Greaves Consumer Electricals Ltd has officially announced a consolidated sales of Rs. 1,071.29 Cr for the quarter finished on 31-12-2019, which is -.42% down from its previous quarter sales of Rs. 1,075.79 Cr and 3.98% up from its previous year’s same quarter sales of Rs. 1,030.31 Cr. The firm has also announced its net profit after tax of Rs. 160.97 Cr in the most recent quarter.

Outlook:

Crompton Greaves Consumer Electricals Ltd is a buy call with a target of Rs. 300; last traded price: 272.60.

Ramco Cements Ltd (TRCE):

Ramco Cements Ltd has officially announced a consolidated sales of Rs. 1,272.76 Cr for the quarter finished on 31-12-2019, which is -.75% down from its previous quarter sales of Rs. 1,282.35 Cr and 5.49% up from its previous year’s same quarter sales of Rs. 1,206.50 Cr. The firm has also announced its net profit after tax of Rs. 95.40 Cr in the most recent quarter.

Outlook:

Ramco Cements Ltd is a buy call with a target of Rs. 805; last traded price: 778.90.

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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