Buy Cummins India Limited:

Cummins India Ltd has officially announced a consolidated sales of Rs. 1,491.57 Cr for the third quarter finished on 31-12-2020, which is 21.47% up from its previous quarter sales of Rs. 1,227.98 Cr and 1.82% up from its previous year same quarter sales of Rs. 1,519.27 Cr. The company has reported a net profit after tax of Rs. 196.06 Cr in the previous quarter.

Outlook:

Cummins India Ltd: Experts suggested buy call at current market price: Rs. 852.1 with a target price: Rs. 1068.

Buy Multi Commodity Exchange of India Limited:

Multi Commodity Exchange of India Ltd has officially announced a consolidated sales of Rs. 125.67 Cr for the third quarter finished on 31-12-2020, which is 8.62% up from its previous quarter sales of Rs. 137.52 Cr and 11.47% up from its previous year same quarter sales of Rs. 112.74 Cr. The company has reported a net profit after tax of Rs. 71.73 Cr in the previous quarter.

Outlook:

Multi Commodity Exchange of India Ltd: Experts suggested buy call at current market price: Rs. 1,596.1 with a target price: Rs. 1,700.

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