Buy TVS Motor Limited and Cipla Limited

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Buy TVS Motor Limited:

TVS Motor Limited

TVS Motor Ltd has officially announced a consolidated sales of Rs. 5,254.36 Cr for the second quarter finished on 30-09-2020, which is 170.89% up from its previous quarter sales of Rs. 1,939.65 Cr and 5.93% up from its previous year same quarter sales of Rs. 4,960.27 Cr. The company has reported net profit after tax of Rs. 184.19 Cr in the previous quarter.

Outlook:

TVS Motor Ltd: Experts suggested buy call at current market price: Rs. 542.75 with a target price: Rs. 585.

Buy Cipla Limited:

 

Cipla Limited

Cipla Ltd has officially announced a consolidated sales of Rs. 4,972.58 Cr for the second quarter finished on 30-09-2020, which is 16.27% up from its previous quarter sales Rs. 4,276.89 Cr and 16.61% up from its previous year same quarter sales of Rs. 4,264.24 Cr. The company has reported net profit after tax of Rs. 661.85 Cr in the previous quarter.

Outlook:

Cipla Ltd: Experts suggested buy call at current market price: Rs. 837.1 with a target price: Rs. 885.

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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