Neutral Avenue Supermarts Limited:

Avenue Supermarts Ltd has officially announced a consolidated sales of Rs. 7,587.32 Cr for the third quarter finished on 31-12-2020, which is 41.60% up from its previous quarter sales of Rs. 5,358.37 Cr and 11.33% up from its previous year same quarter sales of Rs. 6815.00 Cr. The company has reported a net profit after tax of Rs. 446.95 Cr in the previous quarter.

Outlook:

Avenue Supermarts Ltd: Experts suggested neutral call at current market price: Rs. 2,860.8 with a target price: Rs. 2,900.

Add UPL Limited:

UPL Ltd has officially announced a consolidated sales of Rs. 9,126.00 Cr for the third quarter finished on 31-12-2020, which is 5.81% up from its previous quarter sales of Rs. 8,939.00 Cr and 15.44% up from its previous year same quarter sales of Rs. 8,892.00 Cr. The company reported a net profit after tax of Rs. 109.00 Cr in the previous quarter.

Outlook:

UPL Ltd: Experts suggested Add call at current market price: Rs. 649.95 with a target price: Rs. 665.

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