Hold Berger Paints (India) Limited and Bajaj Consumer Care Limited

Hold Berger Paints (India) Limited:

Berger Paints (India) Limited

Berger Paints (India) Ltd has officially announced a consolidated sales of Rs. 2,133.79 Cr for the third quarter finished on 31-12-2020, which is 20.84% up from its previous quarter sales of Rs. 1,765.73 Cr and 24.77% up from its previous year same quarter sales of Rs. 1,710.13 Cr. The company has reported a net profit after tax of Rs. 273.97 Cr in the previous quarter.

Outlook:

Berger Paints (India) Ltd: Experts suggested hold call at current market price: Rs. 718.9 with a target price: Rs. 750.

Hold Bajaj Consumer Care Limited:

Bajaj Consumer Care Limited

Bajaj Consumer Care Ltd has officially announced a consolidated sales of Rs. 257.61 Cr for the third quarter finished on 31-12-2020, which is 9.45% up from its previous quarter sales of Rs. 235.36 Cr and 16.25% down from its previous year same quarter sales of Rs. 221.61 Cr. The company has reported a net profit after tax of Rs. 57.30 Cr in the previous quarter.

Outlook:

Bajaj Consumer Care Ltd: Experts suggested hold call at current market price: Rs. 248.15 with a target price: Rs. 260.

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