Buy IG Petrochemicals Limited and Tech Mahindra Limited

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Buy IG Petrochemicals Limited:

IG Petrochemicals Limited

IG Petrochemicals Ltd has officially a consolidated sales of Rs. 314.75 Cr for the third quarter finished on 31-12-2020, which is 25.17% up from its previous quarter sales of Rs. 242.36 Cr and 21.27% up from its previous year same quarter sales of Rs. 275.58 Cr. The company has reported a net profit after tax of Rs. 21.44 Cr in the previous quarter.

Outlook:

IG Petrochemicals Ltd: Experts suggested Buy call at current market price: Rs. 522.05 with a target price: Rs. 615; stoploss: Rs. 480.

Buy Tech Mahindra Limited:

Tech Mahindra Limited

Tech Mahindra Ltd has officially announced a consolidated sales of Rs. 9,647.10 Cr for the third quarter finished on 31-12-2020, which is 3.15% up from its previous quarter sales of Rs. 9,371.80 Cr and 0.54% down from its previous year same quarter sales of Rs. 9,654.60 Cr. The company has reported a net profit after tax of Rs. 426.30 Cr in the previous quarter.

Outlook:

Tech Mahindra Ltd: Experts suggested buy call at current market price: Rs. 977.95 with a target price: Rs. 1,000; stoploss: Rs. 966.

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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