Buy Indian Energy Exchange Ltd & Sagar Cements Ltd

Buy Indian Energy Exchange Ltd & Sagar Cements Ltd

Indian Energy Exchange Ltd (IIAN):

Indian Energy Exchange Ltd (IIAN) has officially announced a consolidated sales of Rs. 67.88 Cr for the quarter ended on 30-06-2020, which is 2.25%, down from its previous quarter sales of Rs. 69.44 Cr and 12.10%, up from its previous year same quarter sales of Rs. 60.55 Cr. The firm has also announced its net profit after tax of Rs. 42.09 Cr in the most recent quarter.

Outlook:

Indian Energy Exchange Ltd (IIAN) is a buy call with a target of Rs. 220.

Sagar Cements Ltd (SGRC):

Sagar Cements Ltd (SGRC) has officially announced a consolidated sales of Rs. 264.12 Cr for the quarter ended on 30-06-2020, which is 13%, down from its previous quarter sales of Rs. 303.57 Cr and 23.27%, down from its previous year same quarter sales of Rs. 344.20 Cr. The firm has also announced its net profit after tax of Rs. 36 Cr in the most recent quarter.

Outlook:

Sagar Cements Ltd (SGRC) is a buy call with a target of Rs. 607.

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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