Sell Tata Steel Limited and Motherson Sumi Systems Limited

Sell Tata Steel Limited: Tata Steel Ltd has officially announced a consolidated sales of Rs.... The post Sell Tata Steel Limited and Motherson Sumi Systems Limited appeared first on Stock Investor.

Sell Tata Steel Limited and Motherson Sumi Systems Limited

Sell Tata Steel Limited:

Tata Steel Limited1

Tata Steel Ltd has officially announced a consolidated sales of Rs. 39,809.05 Cr for the third quarter finished on 31-12-2020, which is 6.51% up from its previous quarter sales of Rs. 37,376.13 Cr and 11.78% up from its previous year same quarter sales of Rs. 35,613.34 Cr. The company has reported a net profit after tax of Rs. 3,922.56 Cr in the previous quarter.

Outlook:

Tata Steel Ltd: Experts suggested sell call at current market price: Rs. 777.15 with a target price: Rs. 765 Stoploss: Rs. 788

Sell Motherson Sumi Systems Limited:

Motherson Sumi Systems Limited

Motherson Sumi Systems Ltd has officially announced a consolidated sales of Rs. 17,157.63 Cr for the third quarter finished on 31-12-2020, which is 14.29% up from its previous quarter sales of Rs. 15,012.49 Cr and 9.01% up from its previous year same quarter sales of Rs. 15,012.49 Cr. The company has reported a net profit after tax of Rs. 1,234.67 Cr in the previous quarter.

Outlook:

Motherson Sumi Systems Ltd: Experts suggested sell call at current market price: Rs. 233.00 with a target price: Rs. 223; Stoploss: Rs. 235.

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 Sell Tata Steel Limited and Motherson Sumi Systems Limited appeared first on Stock Investor.

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