Buy Jubilant Foodworks Ltd and Minda Industries Ltd

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Buy Jubilant Foodworks Ltd:

Jubilant Foodworks Ltd

 

Jubilant Foodworks Ltd has officially announced a consolidated sales of Rs. 816.33 Cr for the second quarter finished on 30-09-2020, which is 110.17% up from its previous quarter sales of Rs. 388.41 Cr and -18.21% down from its previous year same quarter sale of Rs. 998.05 Cr. The company reported net profit after tax of Rs. 75.78 Cr in the previous quarter.

Outlook:

Jubilant Foodworks Ltd: Experts suggested buy call at current market price: Rs. 2,766.2 with a target price: Rs. 2,900.

Buy Minda Industries Ltd:

Minda Industries Ltd

 

Minda Industries Ltd has officially announced a consolidated sales of Rs. 1,465.04 Cr for the second quarter finished on 30-09-2020, which is 251.24% up from its previous quarter sales of Rs. 417.11 Cr and 7.76% up from its previous year same quarter sale of Rs. 1,359.58 Cr. The company reported net profit after tax of Rs. 84.48 Cr in the previous quarter.

Outlook:

Minda Industries Ltd: Experts suggested buy call at current market price: Rs. 412.15 with a target price: Rs. 460.

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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