Buy UltraTech Cement Limited and AU Small Finance Bank Limited

Buy UltraTech Cement Limited:

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UltraTech Cement Ltd has officially announced a consolidated sales of Rs. 12,522.03 Cr for the third quarter finished on 31-12-2020, which is 19.38% up from its previous quarter sales of Rs. 10,489.10 Cr and 19.01% down from its previous year same quarter sales of Rs. 10,521.95 Cr. The company has reported a net profit after tax of Rs. 1,584.60 Cr in the previous quarter.

Outlook:

UltraTech Cement Ltd: Experts suggested buy call at current market price: Rs. 8,000 with a target price: Rs. 6,884.25.

Buy AU Small Finance Bank Limited:

 

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AU Small Finance Bank Ltd has officially announced a consolidated sales of Rs. 1,006.51 Cr for the third quarter finished on 31-12-2020, which is 6.53% up from its previous quarter sales of Rs. 944.78 Cr and 13.95% up from its previous year same quarter sales of Rs. 883.25 Cr. The company has reported net profit after tax of Rs. 479.02 Cr in the previous quarter.

Outlook:

AU Small Finance Bank Ltd: Experts suggested buy call at current market price: Rs. 1248.5 with a target price: Rs. 1,340.

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.