Buy Balkrishna Industries Limited and Oil India Limited

Buy Balkrishna Industries Limited:

Balkrishna Industries Limited

Balkrishna Industries Ltd has officially a consolidated sales of Rs. 1,577.90 Cr for the second quarter finished on 30-09-2020, which is 67.40% up from its previous quarter sales of Rs. 942.61 Cr and 45.53% up from its previous year same quarter Rs. 1,084.28 Cr. The company has reported net profit after tax of Rs. 340.94 Cr in the previous quarter.

Outlook:

Balkrishna Industries Ltd: Experts suggested buy call at current market price: Rs. 1,633 with a target price: Rs. 1,937.

Buy Oil India Limited:

 

Oil India Ltd has officially announced a consolidated sales of Rs. 2,246.20 Cr for the third quarter finished on 31-12-2020, which is -1.78% up from its previous quarter sales of Rs. 2,286.82 Cr and 27.39% up from its previous year same quarter sales of Rs. 3,093.72 Cr. The company has reported a net profit after tax of Rs. 696.01 Cr in the previous quarter.

Outlook:

Oil India Ltd: Experts suggested buy call at current market price: Rs. 116.25 with a target price: Rs. 205.

 

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