Buy Maruti Suzuki India Limited and UltraTech Cement Limited

Buy Maruti Suzuki India Limited: Maruti Suzuki India Ltd has officially announced a consolidated sales... The post Buy Maruti Suzuki India Limited and UltraTech Cement Limited appeared first on Stock Investor.

Buy Maruti Suzuki India Limited and UltraTech Cement Limited

Buy Maruti Suzuki India Limited:

Maruti Suzuki India Limited

Maruti Suzuki India Ltd has officially announced a consolidated sales of Rs. 24,465.10 Cr for the third quarter finished on 31-12-2020, which is 26.45% up from its previous quarter sales of Rs. 19,347.90 Cr and 13.76% down from its previous year same quarter sales of Rs. 21,505.90 Cr. The company has reported a net profit after tax of Rs. 1,937.00 Cr in the previous quarter.

Outlook:

Maruti Suzuki India Ltd: Experts suggested buy call at current market price: Rs. 7,247.8 with a target price: Rs. 7,600; Stoploss: 7,160.

Buy UltraTech Cement Limited:

ultratech-cement

UltraTech Cement Ltd has officially announced a consolidated sales of Rs. 12,522.03 Cr for the third quarter finished on 31-12-2020, which is 19.38% up from its previous quarter sales of Rs. 10,489.10 Cr and 19.01% down from its previous year same quarter sales of Rs. 10,521.95 Cr. The company has reported a net profit after tax of Rs. 1,584.60 Cr in the previous quarter.

Outlook:

UltraTech Cement Ltd: Experts suggested buy call at current market price: Rs. 6,810.25 with a target price: Rs. 7,130; Stoploss: 6,730.

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.

The post Buy Maruti Suzuki India Limited and UltraTech Cement Limited appeared first on Stock Investor.

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