Buy United Spirits Limited and Hold Coal India Limited

Buy United Spirits Limited:

United Spirits Limited

 

United Spirits Ltd has officially announced a consolidated sales of Rs. 2,673.00 Cr for the third quarter finished on 31-12-2020, which is 1.81% up from its previous quarter sales of Rs. 2,196.00 Cr and -44% down from its previous year same quarter sales of Rs. 2,587.60 Cr. The company reported a net profit after tax of Rs. 94.00 Cr in the previous quarter.

Outlook:

United Spirits Ltd: Experts suggested buy call at current market price: Rs. 549.30 with a target price: Rs. 580; stoploss: Rs. 536.

Hold Coal India Limited:

 

Coal India Limited

 

Coal India Ltd has officially announced a consolidated sales of Rs. 23,686.03 Cr for the third quarter finished on 31-12-2020, which is 5.81% up from its previous quarter sales of Rs. 19,484.15 Cr and 6.44% up from its previous year same quarter sales of Rs. 21,566.41 Cr. The company reported a net profit after tax of Rs. 1,658.10 Cr in the previous quarter.

Outlook:

Coal India Ltd: Experts suggested hold call at current market price: Rs. 153.35 with a target price: Rs. 175; stoploss: Rs. 140.

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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