Sell Biocon Limited and Buy Indus Towers Limited - Stock Investor

Sell Biocon Limited and Buy Indus Towers Limited

Sell Biocon Limited:

Biocon-Logo-Main

Biocon Ltd has officially announced a consolidated sales of Rs. 1,878.90 Cr for the third quarter finished on 31-12-2020, which is 6.74% up from its previous quarter sales of Rs. 1,760.30 Cr and 5.33% up from its previous year same quarter sales of Rs. 1,783.90 Cr. The company has reported a net profit after tax of Rs. 187.40 Cr in the previous quarter.

Outlook:

Biocon Ltd: Experts suggested sell call at current market price: Rs. 393.7 with a target price: Rs. 390.

Buy Indus Towers Limited:

Indus Towers Limited

Indus Towers Ltd has officially announced a consolidated sales of Rs. 4,141.60 Cr for the third quarter finished on 31-12-2020, which is 131.56% up from its previous quarter sales of Rs. 1,788.60 Cr and 145.87% up from its previous year same quarter sales of Rs. 1,684.50 Cr. The company has reported a net profit after tax of Rs. 703.00 Cr in the previous quarter.

Outlook:

Indus Towers Ltd: Experts suggested buy call at current market price: Rs. 270 with a target price: Rs. 320.

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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