Buy City Union Bank Limited and TD Power Systems Limited

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Buy City Union Bank Limited:

 

City Union Bank Limited

 

City Union Bank Ltd has officially announced a standalone sales of Rs. 890.67 Cr for the third quarter finished on 31-12-2020, which is 2.81% down from its previous quarter sales of Rs. 898.82 Cr and 5.44% down from its previous year same quarter sales of Rs. 883.60 Cr. The company reported a net profit after tax of Rs. 70.00 Cr in the previous quarter.

Outlook:

City Union Bank Ltd: Experts suggested buy call at current market price: Rs. 176.90 with a target price: Rs. 190; stoploss: Rs. 172.

Buy TD Power Systems Limited:

TD Power Systems Limited

TD Power Systems Ltd has officially announced a consolidated sales of Rs. 168.54 Cr for the third quarter finished on 31-12-2020, which is 20.81% down from its previous quarter sales of Rs. 183.10 Cr and 30.44% up from its previous year same quarter sales of Rs. 134.52 Cr. The company reported a net profit after tax of Rs. 4.26 Cr in the previous quarter.

Outlook:

TD Power Systems Ltd: Experts suggested buy call at current market price: Rs. 158.65 with a target price: Rs. 170; stoploss: Rs. 152.

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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