Buy Ambuja Cements Limited:
Ambuja Cements Ltd has officially announced a consolidated sales of Rs. 7,552.73 Cr for the third quarter finished on 31-12-2020, which is 20.52% up from its previous quarter sales of Rs. 6,266.55 Cr and 4.58% up from its previous year same quarter sales of Rs. 7,221.65 Cr. The company has reported a net profit after tax of Rs. 962.19 Cr in the previous quarter.
Outlook:
Ambuja Cements Ltd: Experts suggested buy call at current market price: Rs. 270.15 with a target price: Rs. 330.
Buy GAIL (India) Limited:
GAIL (India) Ltd has officially announced a consolidated sales of Rs. 15,882.82 Cr for the third quarter finished on 31-12-2020, which is 12.71% up from its previous quarter sales of Rs. 14,091.23 Cr and -12.15% down from its previous year same quarter sales of Rs. 18,078.73 Cr. The company has reported a net profit after tax of Rs. 1,416.65 Cr in the previous quarter.
Outlook:
GAIL (India) Ltd: Experts suggested buy call at current market price: Rs. 145 with a target price: Rs. 164.
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