Buy Britannia Industries Limited and National Fertilizers 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. 3,618.50 with a target price: Rs. 3,650; Stoploss: Rs. 3,610.

Buy National Fertilizers Limited:

National Fertilizers Limited

National Fertilizers Ltd has officially announced a consolidated sales of Rs. 2,938.69 Cr for the third quarter finished on 31-12-2020, which is 13.85% down from its previous quarter sales of Rs. 3,173.95 Cr and 10.08% down from its previous year same quarter sales of Rs. 3,737.30 Cr. The company has reported a net profit after tax of Rs. 22.62 Cr in the previous quarter.

Outlook:

National Fertilizers Ltd: Experts suggested buy call at current market price: Rs. 55.35 with a target price: Rs. 58; Stoploss: Rs. 55.

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.