Buy Infosys Limited:
Infosys Ltd has officially announced a consolidated sales of Rs. 26,538.00 Cr for the third quarter finished on 31-12-2020, which is 5.56% up from its previous quarter sales of Rs. 25,140 Cr and 10.95% up from its previous year same quarter sales of Rs. 23,919.00 Cr. The company has reported a net profit after tax of Rs. 5,215.00 Cr in the previous quarter.
Outlook:
Infosys Ltd: Experts suggested buy call at current market price: Rs. 1,277.50 with a target price: Rs. 1,360 Stoploss: 1,230.
Buy Motherson Sumi Systems Limited:
Motherson Sumi Systems Ltd has officially announced a consolidated sales of Rs. 17,157.63 Cr for the third quarter finished on 31-12-2020, which is 14.29% up from its previous quarter sales of Rs. 15,012.49 Cr and 9.01% up from its previous year same quarter sales of Rs. 15,012.49 Cr. The company has reported a net profit after tax of Rs. 1,234.67 Cr in the previous quarter.
Outlook:
Motherson Sumi Systems Ltd: Experts suggested neutral call at current market price: Rs. 227.95 with a target price: Rs. 230 Stoploss:216.
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