Buy Voltas Limited and State Bank of India Limited

Buy Voltas Limited:

Voltas Limited

 

Voltas Ltd has officially announced a consolidated sales of Rs. 1,970.40 Cr for the third quarter finished on 31-12-2020, which is 4.65% up from its previous quarter sales of Rs. 1,587.55 Cr and 5.97% up from its previous year same quarter sales of Rs. 1,487.07 Cr. The company has reported a net profit after tax of Rs. 37.20 Cr in the previous quarter.

Outlook:

Voltas Ltd: Experts suggested buy call at current market price: Rs. 992.85 with a target price: Rs. 1,080; Stoploss: Rs. 980.

Buy State Bank of India Limited:

state-bank-of-india-logo

State Bank of India has officially announced a consolidated sales of Rs. 97,182.15 Cr for the third quarter finished on 31-12-2020, which is 1.90% down from its previous quarter sales of Rs. 95,373.50 Cr and 1.88% up from its previous year same quarter sales of Rs. 95,384.28 Cr. The company has reported a net profit after tax of Rs. 6,257.55 Cr in the previous quarter.

Outlook:

State Bank of India: Experts suggested buy call at current market price: Rs. 362.30 with a target price: Rs. 405; Stoploss: Rs. 365.

Disclaimer: The perspectives and investment tips are given in this section are the expert’s own and not that of the website or its management. We encourage clients to check with certified experts before taking any position in the stocks/shares mentioned.