Buy Grindwell Norton Limited:

Grindwell Norton Ltd has officially announced a consolidated sales of Rs. 462.61 Cr for the third quarter finished on 31-12-2020, which is 3.58% up from its previous quarter sales of Rs. 446.64 Cr and 10.40% up from its previous year same quarter sales of Rs. 419.03 Cr. The company has reported a net profit after tax of Rs. 65.48 Cr in the previous quarter.

Outlook:

Grindwell Norton Ltd: Experts suggested buy call at current market price: Rs. 823.5 with a target price: Rs. 990.

Sell JSW Steel Limited:

JSW Steel Ltd has officially announced a consolidated sales of Rs. 22,006.00 Cr for the third quarter finished on 31-12-2020, which is 13.34% up from its previous quarter sales of Rs. 19,416 Cr and 21.03% up from its previous year same quarter sales of Rs. 18,182 Cr. The company has reported a net profit after tax of Rs. 2,674.00 Cr in the previous quarter.

Outlook:

JSW Steel Ltd: Experts suggested sell call at current market price: Rs. 402.85 with a target price: Rs. 389.

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