Buy Indian Oil Corporation Limited and Bharat Petroleum Corporation Limited

Buy Indian Oil Corporation Limited and Bharat Petroleum Corporation Limited

buy 8

Buy Indian Oil Corporation Limited:

Indian Oil Corporation Limited

Indian Oil Corporation Ltd has officially announced a consolidated sales of Rs. 1,48,769.23 Cr for the third quarter finished on 31-12-2020, which is 79.54% up from its previous quarter sales of Rs. 82,862.42 Cr and 19.58% up from its previous year same quarter sales of Rs. 1,24,408.06 Cr. The company has reported a net profit after tax of Rs. 3,826.51 Cr in the previous quarter.

Outlook:

Indian Oil Corporation Ltd: Experts suggested buy call at current market price: Rs. 97.8 with a target price: Rs. 142.

Buy Bharat Petroleum Corporation Limited:

Bharat Petroleum Corporation Limited

Bharat Petroleum Corporation Ltd has officially announced a consolidated sales of Rs. 66,809.47 Cr for the third quarter finished on 31-12-2020, which is 34.39% up from its previous quarter sales of Rs. 49,713.32 Cr and -11.54% down from its previous year same quarter sales of Rs. 75,527.70 Cr. The company has reported a net profit after tax of Rs. 2,627.45 Cr in the previous quarter.

Outlook:

Bharat Petroleum Corporation Ltd: Experts suggested buy call at current market price: Rs. 437.65 with a target price: Rs. 520.

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.

Leave a Reply

Your email address will not be published. Required fields are marked *