Buy SKF India Limited:

SKF India Ltd has officially announced a consolidated sales of Rs. 827.24 Cr for the third quarter finished on 31-12-2020, which is 16.35% down from its previous quarter sales of Rs. 711.02 Cr and 14.19% up from its previous year same quarter sales of Rs. 724.45 Cr. The company has reported a net profit after tax of Rs. 128.11 Cr in the previous quarter.

Outlook:

SKF India Ltd: Experts suggested buy call at current market price: Rs. 2,230.35 with a target price: Rs. 2,890.

Buy Tata Consumer Product Limited:

Tata Consumer Products Ltd has officially announced a consolidated sales of Rs. 3,089.05 Cr for the third quarter finished on 31-12-2020, which is 10.03% up from its previous quarter sales of Rs. 2,807.56 Cr and 22.51% up from its previous year same quarter sales of Rs. 2,521.50 Cr. The company has reported a net profit after tax of Rs. 237.03 Cr in the previous quarter.

Outlook:

Tata Consumer Products Ltd: Experts suggested buy call at current market price: Rs. 617.85 with a target price: Rs. 640.

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