Buy Coal India Limited and Eicher Motors Limited

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Buy Coal India Limited:

Coal India Limited

Coal India Ltd has officially announced a consolidated sales of Rs. 24,334.62 Cr for the third quarter finished on 31-12-2020, which is 9.43% down from its previous quarter sales of Rs. 22,237.82 Cr and -1.09% down from its previous year same quarter sales of Rs. 24,602.19 Cr. The company has reported a net profit after tax of Rs. 3,083.95 Cr in the previous quarter.

Outlook:

Coal India Ltd: Experts suggested buy call at current market price: Rs. 133.65 with a target price: Rs. 144; Stoploss: Rs. 127.4.

Buy Eicher Motors Limited:

 

Eicher Motors Limited

 

Eicher Motors Ltd has officially announced a consolidated sales of Rs. 2,809.44 Cr for the third quarter finished on 31-12-2020, which is 31.68% up from its previous quarter sales of Rs. 2,133.60 Cr and 19.53% up from its previous year same quarter sales of Rs. 2,350.45 Cr. The company has reported a net profit after tax of Rs. 501.21 Cr in the previous quarter.

Outlook:

Eicher Motors Ltd: Experts suggested buy call at current market price: Rs. 2,590 with a target price: Rs. 2,650; Stoploss: Rs. 2,548.

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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