Buy Tata Motors Limited:

Tata Motors Ltd has officially announced a consolidated sales of Rs. 76,365.79 Cr for the third quarter finished on 31-12-2020, which is 40.99% up from its previous quarter sales of Rs. 54,163.22 Cr and 5.22% up from its previous year same quarter sales of Rs. 72,576.20 Cr. The company has reported a net profit after tax of Rs. 3,222.21 Cr in the previous quarter.

Outlook:

Tata Motors Ltd: Experts suggested buy call at current market price: Rs. 314.75 with a target price: Rs. 390.

Buy Hindalco Industries Limited:

Hindalco Industries Ltd has officially announced a consolidated sales of Rs. 35,281.00 Cr for the third quarter finished on 31-12-2020, which is 11.90% up from its previous quarter sales of Rs. 31,528 Cr and 19.62% up from its previous year same quarter sales of Rs. 29,494.00 Cr. The company has reported a net profit after tax of Rs. 1,875.00 Cr in the previous quarter.

Outlook:

Hindalco Industries Ltd: Experts suggested buy call at current market price: Rs. 322.1 with a target price: Rs. 390.

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.