Buy PNC Infratech Ltd, Sell Apollo Hospitals Enterprises Ltd

Buy PNC Infratech Ltd, Sell Apollo Hospitals Enterprises Ltd

PNC Infratech Ltd (PNCI):

PNC Infratech Ltd (PNCI) has officially announced a consolidated sales of Rs. 1,346.70 Cr for the quarter ended on 31-03-2020, which is -3.14%, down from its previous quarter sales of Rs. 1,390.41 Cr and 6.00%, up from its previous year’s same quarter sales of Rs. 1,270.42 Cr. The firm has also announced its net profit after tax of Rs. 88.82 Cr in the most recent quarter.

Outlook:

PNC Infratech Ltd (PNCI) is a buy call with a target of Rs. 175.

Apollo Hospitals Enterprises Ltd (APLH):

Apollo Hospitals Enterprises Ltd (APLH) has officially announced a consolidated sales of Rs. 2,922.43 Cr for the quarter ended on 31-03-2020, which is 0.37%, up from its previous quarter sales of Rs. 2,911.74 Cr and 16.92%, up from its previous year’s same quarter sales of Rs. 2,499.50 Cr. The firm has also announced its net profit after tax of Rs. 209.19 Cr in the most recent quarter.

Outlook:

Apollo Hospitals Enterprises Ltd (APLH) is a sell call with a target of Rs. 1,180.

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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