Buy United Spirits Ltd. & AXIS Bank Ltd.

Buy United Spirits Ltd & AXIS Bank Ltd

United Spirits Ltd (UNSP):

United Spirits Ltd has officially announced a consolidated sales of Rs. 2,314.20 Cr for the quarter finished on 30-09-2019, which is -4.89% down from its previous quarter sales of Rs. 2,433.10 Cr and 3.40% up from its previous year’s same quarter sales of Rs. 2,238.20 Cr. The firm has also announced its net profit after tax of Rs. 158.50 Cr in the most recent quarter.

Outlook: 

United Spirits Ltd is a buy call with a target of Rs. 605 and a stop loss of Rs. 569; last traded price: 579.25.

AXIS Bank Ltd (AXBK):

AXIS Bank Ltd has officially announced a consolidated interest income of Rs. 12,183.88 Cr for the quarter finished on 30-09-2019, which is .00% unchanged from its previous quarter interest income of Rs. 12,183.88 Cr and .00% unchanged from its previous year’s same quarter interest income of Rs. 12,183.88 Cr. The firm has also announced its net profit after tax of Rs. -18.14 Cr in the most recent quarter.

Outlook:

AXIS Bank Ltd is a buy call with a target of Rs. 755 and a stop loss of Rs. 726; last traded price: 730.75.

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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