Buy Jay Shree Tea & Industries Limited and Sell Vedanta Limited

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Buy Jay Shree Tea & Industries Limited:

Jay Shree Tea & Industries Limited

Jay Shree Tea & Industries Limited has officially consolidated sales of Rs. 216.67 Cr for the third quarter finished on 31-12-2020, which is 5.17% down from its previous quarter sales of Rs. 265.39 Cr and 3.27% up from its previous year same quarter sales of Rs. 202.20 Cr. The company has reported a net profit after tax of Rs. -0.03 Cr in the previous quarter.

Outlook:

Jay Shree Tea & Industries Limited: Experts suggested Buy call at current market price: Rs. 75.00 with a target price: Rs. 80; stoploss: Rs. 73.

Sell Vedanta Limited:

Vedanta Limited

Vedanta Ltd has officially announced a consolidated sales of Rs. 22,498.00 Cr for the third quarter finished on 31-12-2020, which is 2.15% down from its previous quarter sales of Rs. 20,804.00 Cr and 1.54% down from its previous year same quarter sales of Rs. 21,126.00 Cr. The company has reported a net profit after tax of Rs. 1,186.00 Cr in the previous quarter.

Outlook:

Vedanta Ltd: Experts suggested sell call at current market price: Rs. 213.30 with a target price: Rs. 200; stoploss: Rs. 218.

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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