Buy United Breweries Limited and Grasim Industries Limited

buy

Buy United Breweries Limited:

United Breweries Limited

United Breweries Limited has officially announced a consolidated sales of Rs. 1,291.10 Cr for the third quarter finished on 31-12-2020, which is 4.15% up from its previous quarter sales of Rs. 899.90 Cr and 2.54% down from its previous year same quarter sales of Rs. 1,454.83 Cr. The company has reported a net profit after tax of Rs. 43.69 Cr in the previous quarter.

Outlook:

United Breweries Limited: Experts suggested buy call at current market price: Rs. 1,152.65 with a target price: Rs. 1,180; Stoploss: Rs. 1,130.

Buy Grasim Industries Limited:

Grasim Industries Limited

Grasim Industries Ltd has officially announced consolidated sales of Rs. 18,400.25 Cr for the second quarter finished on 30-09-2020, which is 35.09% up from its previous quarter sales of Rs. 13,621.10 Cr and 16% down from its previous year same quarter sales of Rs. 18,430.27 Cr. The company has reported net profit after tax Rs. 1,502.81 Cr in the previous quarter.

Outlook:

Grasim Industries Ltd: Experts suggested buy call at current market price: Rs. 1,456.85 with a target price: Rs. 1,520; Stoploss: Rs. 1,430.

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Your email address will not be published.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 *