Buy JSW Steel Limited and Larsen & Toubro Limited

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Buy JSW Steel Limited:

JSW Steel Limited

JSW Steel Ltd has officially announced a consolidated sales of Rs. 21,487.00 Cr for the third quarter finished on 31-12-2020, which is 15.14% up from its previous quarter sales Rs. 18,662.00 Cr and 21.63% up from its previous year same quarter sales of Rs. 17,666.00 Cr. The company has reported net profit after tax of Rs. 2,674.00 Cr in the previous quarter.

Outlook:

JSW Steel Ltd: Experts suggested buy call at current market price: Rs. 379.75 with a target price: Rs. 432.

Buy Larsen & Toubro Limited:

Larsen & Toubro Limited

Larsen & Toubro Ltd has officially announced consolidated sales of Rs. 35,596.42 Cr for the third quarter finished on 31-12-2020, which is 14.70% up from its previous quarter sales Rs. 31,034.74 Cr and 1.78% down from its previous year same quarter sales of Rs. 36,242.68 Cr. The company has reported net profit after tax of Rs. 2,849.08 Cr in the previous quarter.

Outlook:

Larsen & Toubro Ltd: Experts suggested buy call at current market price: Rs. 1,360.7 with a target price: Rs. 1,625.

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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