Buy Bharti Airtel Limited and Neutral Bajaj Auto Limited

Buy Bharti Airtel Limited:

Bharti Airtel Limited

 

Bharti Airtel Ltd has officially announced a consolidated sales of Rs. 26,518 Cr for the third quarter finished on 31-12-2020, which is 5.8% up from its previous quarter sales of Rs. 14,779 Cr and 59.30% up from its previous year same quarter sales of Rs. 12,053 Cr. The company has reported net profit after tax of Rs. 110 Cr in the previous quarter.

Outlook:

Bharti Airtel Ltd: Experts suggested buy call at current market price: Rs. 527.05 with a target price: Rs. 720.

Neutral Bajaj Auto Limited:

Bajaj Auto Limited

Bajaj Auto Ltd has officially announced a consolidated sales of Rs. 9,279.06 Cr for the third quarter finished on 31-12-2020, which is 24.69% down from its previous quarter sales of Rs. 7,441.66 Cr and 15.90% up from its previous year same quarter sales of Rs. 8,005.88 Cr. The company has reported a net profit after tax of Rs. 1,555.30 Cr in the previous quarter.

Outlook:

Bajaj Auto Ltd: Experts suggested neutral call at current market price: Rs. 3,875 with a target price: Rs. 3,634.2.

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