Buy Dixon Technologies India Ltd & ITD Cementation India Ltd

Buy Dixon Technologies India Ltd & ITD Cementation India Ltd

Dixon Technologies India Ltd (DIXO):

Dixon Technologies India Ltd (DIXO) has officially announced a consolidated sales of Rs. 516.94 Cr for the quarter ended on 30-06-2020, which is 39.71%, down from its previous quarter sales of Rs. 857.41 Cr and -54.93%, down from its previous year same quarter sales of Rs. 1,146.92 Cr. The firm has also announced its net profit after tax of Rs. 1.60 Cr in the most recent quarter.

Outlook:

Dixon Technologies India Ltd (DIXO) is a buy call with a target of Rs. 11,056.

ITD Cementation India Ltd (ITCM):

ITD Cementation India Ltd (ITCM) has officially announced a consolidated sales of Rs. 399.43 Cr for the quarter ended on 30-06-2020, which is 45.99%, down from its previous quarter sales of Rs. 739.61 Cr and -43.31%, down from its previous year same quarter sales of Rs. 704.64 Cr. The firm has also announced its net profit after tax of Rs. -18.18 Cr in the most recent quarter.

Outlook:

ITD Cementation India Ltd (ITCM) is a buy call with a target of Rs. 63.

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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