Buy Marico Limited and Indian Oil Corporation Limited

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Buy Marico Limited:

Marico Limited
Marico Ltd has officially announced a consolidated sales of Rs. 1,989.00 Cr for the second quarter finished on 30-09-2020, which is 3.32% up from its previous quarter sales of Rs. 1,925.00 Cr and 8.75% up from its previous year same quarter sale of Rs. 1,829.00 Cr. The company reported net profit after tax of Rs. 273.00 Cr in the previous quarter.

Outlook:

Marico Ltd: Experts suggested buy call at current market price: Rs. 410.02 with a target price: Rs.440.

Buy Indian Oil Corporation Limited:

 

Indian Oil Corporation Limited

 

Indian Oil Corporation Ltd has officially announced a consolidated sales of Rs. 81,704.43 Cr for the second quarter finished on 30-09-2020, which is 34.98% up from its previous quarter sales of Rs. 60,528.68 Cr and 26.48% down from its previous year same quarter sale of Rs. 11,1128.70 Cr. The company reported net profit after tax of Rs. 6,032.38 Cr in the previous quarter.

Outlook:

Indian Oil Corporation Ltd: Experts suggested buy call at current market price: Rs. 98.15 with a target price: Rs. 109.

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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