Buy Tata Motors Limited and Marico Limited

BUY28

Buy Tata Motors Limited:

Tata Motors Limited

Tata Motors Ltd has officially announced a consolidated sales of Rs. 76,365.79 Cr for the third quarter finished on 31-12-2020, which is 40.99% down from its previous quarter sales of Rs. 54,163.22 Cr and 5.22% up from its previous year same quarter sales of Rs. 72,576.20 Cr. The company has reported a net profit after tax of Rs. 3,222.21 Cr in the previous quarter.

Outlook:

Tata Motors Ltd: Experts suggested buy call at current market price: Rs. 315.60 with a target price: Rs. 335; Stoploss: Rs. 305.

Buy Marico Limited:

 

marico

 

Marico Ltd has officially announced a consolidated sales of Rs. 2,122.00 Cr for the third quarter finished on 31-12-2020, which is 6.69% up from its previous quarter sales of Rs. 1,989.00 Cr and 16.34% up from its previous year same quarter sales of Rs. 1,824.00 Cr. The company has reported a net profit after tax of Rs. 312.00 Cr in the previous quarter.

Outlook:

Marico Ltd: Experts suggested buy call at current market price: Rs. 414.85 with a target price: Rs. 435; Stoploss: Rs. 410.

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.

Leave a Reply

Your email address will not be published. Required fields are marked *