Buy HCL Technologies Limited and Sell Bajaj Finance Limited

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Buy HCL Technologies Limited:

 

HCL Technologies Limited

 

HCL Technologies Ltd has officially announced a consolidated sales of Rs. 19,302.00 Cr for the third quarter finished on 31-12-2020, which is 3.81% up from its previous quarter sales of Rs. 18,594.00 Cr and 6.44% up from its previous year same quarter sale of Rs. 18,135.00 Cr. The company reported net profit after tax of Rs. 3,977.00 Cr in the previous quarter.

Outlook:

HCL Technologies Ltd: Experts suggested buy call at current market price: Rs. 987.05 with a target price: Rs. 1,130.

 

Sell Bajaj Finance Limited:

 

Bajaj Finance Limited

 

Bajaj Finance Ltd has officially announced a consolidated sales of Rs. 6,480.35 Cr for the second quarter finished on 30-09-2020, which is 2.33% down from its previous quarter sales of Rs. 6,634.93 Cr and 2.51 up from its previous year same quarter sales of Rs. 6,321.45 Cr. The company reported net profit after tax of Rs. 964.88 Cr in the previous quarter.

Outlook:

Bajaj Finance Ltd: Experts suggested a Sell call at the current market price: Rs. 4,820.3 with a target price: Rs. 4,480.

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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