Buy Jubilant Life Sciences Ltd & Hold Indraprastha Gas Ltd

Buy Jubilant Life Sciences Ltd & Hold Indraprastha Gas Ltd

Jubilant Life Sciences Ltd (JULS):

Jubilant Life Sciences Ltd (JULS) has officially announced a consolidated sales of Rs. 1,845.24 Cr for the quarter ended on 30-06-2020, which is 20.03%, down from its previous quarter sales of Rs. 2,307.32 Cr and -14.29%, down from its previous year same quarter sales of Rs. 2,152.78 Cr. The firm has also announced its net profit after tax of Rs. 88.01 Cr in the most recent quarter.

Outlook:

Jubilant Life Sciences Ltd (JULS) is a buy call with a target Rs. 822.

Indraprastha Gas Ltd (IGAS):

Indraprastha Gas Ltd (IGAS) has officially announced a consolidated sales of Rs. 638.57 Cr for the quarter ended on 30-06-2020, which is 58.87%, down from its previous quarter sales of Rs. 1,552.53 Cr and -59.48%, down from its previous year same quarter sales of Rs. 1,576.12 Cr. The firm has also announced its net profit after tax of Rs. 29.26 Cr in the most recent quarter.

Outlook:

Hold Indraprastha Gas Ltd (IGAS) with a target Rs. 470.

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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