Sell Shriram Transport Finance Co. Ltd, Hold MindTree Ltd

Sell Shriram Transport Finance Co. Ltd, Hold MindTree Ltd

Shriram Transport Finance Co. Ltd (SRTR):

Shriram Transport Finance Co. Ltd (SRTR) has officially announced a consolidated sales of Rs. 4,140.91 Cr for the quarter ended on 30-06-2020, which is 0.66%, down from its previous quarter sales of Rs. 4,168.42 Cr and 2.15%, up from its previous year same quarter sales of Rs. 4,053.85 Cr. The firm has also announced its net profit after tax of Rs. 320.06 Cr in the most recent quarter.

Outlook:

Shriram Transport Finance Co. Ltd (SRTR) is a sell call with a target of Rs. 619.

MindTree Ltd (MINT):

MindTree Ltd (MINT) has officially announced a consolidated sales of Rs. 1,926.00 Cr for the quarter ended on 30-09-2020, which is 0.90%, up from its previous quarter sales of Rs. 1,908.80 Cr and 0.61%, up from its previous year same quarter sales of Rs. 1,914.30 Cr. The firm has also announced its net profit after tax of Rs. 253.70 Cr in the most recent quarter.

Outlook:

Hold MindTree Ltd (MINT) with a target of Rs. 1,550.

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