Buy Gujarat State Petronet Limited:

Gujarat State Petronet Ltd has officially announced a consolidated sales of Rs. 3,306.35 Cr for the third quarter finished on 31-12-2020, which is 10.01% up from its previous quarter sales of Rs. 3,005.58 Cr and 8.38% up from its previous year same quarter sale of Rs. 3,050.75 Cr. The company reported a net profit after tax of Rs. 637.38 Cr in the previous quarter.

Outlook:

Gujarat State Petronet Ltd: Experts suggested buy call at current market price: Rs. 298.05 with a target price: Rs. 400.

Buy IndusInd Bank Limited:

IndusInd Bank Ltd has officially announced a consolidated sales of Rs. 8,887.28 Cr for the third quarter finished on 31-12-2020, which is 1.78% down from its previous quarter sales of Rs. 8,731.52 Cr and 2.06% down from its previous year same quarter sales of Rs. 9,074.55 Cr. The company has reported a net profit after tax of Rs. 830.41 Cr in the previous quarter.

Outlook:

IndusInd Bank Ltd: Experts suggested buy call at current market price: Rs. 1,104.7 with a target price: Rs. 1,270; Stoploss: Rs. 990.

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