Buy HDFC Bank Limited and Orient Cement Limited

Buy HDFC Bank Limited:

HDFC Bank Limited

HDFC Bank Ltd has officially announced a consolidated sales of Rs. 39,838.73 Cr for the third quarter finished on 31-12-2020, which is 3.64% down from its previous quarter sales of Rs. 38,438.47 Cr and 3.95% up from its previous year same quarter sales of Rs. 38,325.70 Cr. The company has reported a net profit after tax of Rs. 8,769.33 Cr in the previous quarter.

Outlook:

HDFC Bank Ltd: Experts suggested buy call at current market price: Rs. 1,562.25 with a target price: Rs. 1,720.

Buy Orient Cement Limited:

Orient Cement Limited

Orient Cement Ltd has officially announced a consolidated sales of Rs. 611.98 Cr for the third quarter finished on 31-12-2020, which is 27.45% up from its previous quarter sales of Rs. 480.18 Cr and 7.91% up from its previous year same quarter sales of Rs. 567.15 Cr. The company has reported a net profit after tax of Rs. 53.88 Cr in the previous quarter.

Outlook:

Orient Cement Ltd: Experts suggested buy call at current market price: Rs. 93.55 with a target price: Rs. 105.

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