Buy JK Lakshmi Cement Ltd & SBI Life Insurance Company Ltd

Buy JK Lakshmi Cement Ltd & SBI Life Insurance Company Ltd

JK Lakshmi Cement Ltd (JKLC):

JK Lakshmi Cement Ltd has officially announced a consolidated sales of Rs. 1,077.92 Cr for the quarter finished on 31-12-2019, which is 6.48% up from its previous quarter sales of Rs. 1,012.36 Cr and 3.80% up from its previous year’s same quarter sales of Rs. 1,038.46 Cr. The firm has also announced its net profit after tax of Rs. 50.85 Cr in the most recent quarter.

Outlook:

JK Lakshmi Cement Ltd is a buy call with a target Rs. 485; last traded price: 351.25.

SBI Life Insurance Company Ltd (SBIL):

SBI Life Insurance Company Ltd has officially announced a standalone sales of Rs. 270.74 Cr for the quarter finished on 31-12-2019, which is 387.82% up from its previous quarter sales of Rs. 55.50 Cr and 64.41% up from its previous year’s same quarter sales of Rs. 164.67 Cr. The firm has also announced its net profit after tax of Rs. 389.77 Cr in the most recent quarter.

Outlook:

SBI Life Insurance Company Ltd is a buy call with a target of Rs. 1,145; last traded price: 999.15.

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