Buy Britannia Industries Limited and SRF Limited

Buy Britannia Industries Limited:

Britannia Industries Limited

Britannia Industries Ltd has officially announced a consolidated sales of Rs. 3,248.17 Cr for the third quarter finished on 31-12-2020, which is -7.00% down from its previous quarter sales of Rs. 3,492.61 Cr and 6.57% up from its previous year same quarter sales of Rs. 3,047.86 Cr. The company has reported a net profit after tax of Rs. 452.62 Cr in the previous quarter.

Outlook:

Britannia Industries Ltd: Experts suggested buy call at current market price: Rs. 3,625.05 with a target price: Rs. 3,720; Stoploss: Rs. 3450.

Buy SRF Limited:

SRF Limited

SRF Limited has officially a consolidated sales of Rs. 2,129.43 Cr for the third quarter finished on 31-12-2020, which is 2.17% up from its previous quarter sales of Rs. 2,062.98 Cr and 5.27% up from its previous year same quarter sales of Rs. 1,807.45 Cr. The company has reported a net profit after tax of Rs. 118.50 Cr in the previous quarter.

Outlook:

SRF Limited: Experts suggested buy call at current market price: Rs. 5,537.05 with a target price: Rs. 5,800; Stoploss: Rs. 5,450.

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.