Buy Sobha Limited:
Sobha Ltd has officially announced a consolidated sales of Rs. 696.30 Cr for the third quarter finished on 31-12-2020, which is 27.55% up from its previous quarter sales of Rs. 545.90 Cr and -22.74% down from its previous year same quarter sales of Rs. 901.20 Cr. The company has reported a net profit after tax of Rs. 21.60 Cr in the previous quarter.
Outlook:
Sobha Ltd: Experts suggested buy call at current market price: Rs. 505 with a target price: Rs. 462.65.
Neutral PVR Limited:
PVR Ltd has officially announced a consolidated sales of Rs. 320.13 Cr for the third quarter finished on 31-12-2020, which is 189.42% up from its previous quarter sales of Rs. 110.61 Cr and 110.61% down from its previous year same quarter sales of Rs. 923.89 Cr. The company has reported a net profit after tax of Rs. -49.21 Cr in the previous quarter.
Outlook:
PVR Ltd: Experts suggested neutral call at current market price: Rs. 1,135.95 with a target price: Rs. 1,300.
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