Sell Granules India Limited:

Granules India Ltd has officially announced a consolidated sales of Rs. 844.51 Cr for the third quarter finished on 31-12-2020, which is 1.59% up from its previous quarter sales of Rs. 858.12 Cr and 19.97% up from its previous year same quarter sales of Rs. 703.96 Cr. The company has reported a net profit after tax of Rs. 146.81 Cr in the previous quarter.

Outlook:

Granules India Ltd: Experts suggested sell call at current market price: Rs. 302.30 with a target price: Rs. 290; Stoploss: Rs. 312.

Buy Birla Corporation Limited:

Birla Corporation Ltd has officially announced a consolidated sales of Rs. 1,776.62 Cr for the third quarter finished 31-12-2020, which is 7.40% up from its previous quarter sale of Rs. 1,654 Cr and 3.59% up from its previous year same quarter sales of Rs. 1,715.05 Cr. The company has reported net profit after tax of Rs. 148.42 Cr in the previous quarter.

Outlook:

Birla Corporation Ltd: Experts suggested buy call at current market price: Rs. 921.10 with a target price: Rs. 932; Stoploss: Rs. 905.

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.