Sell United Breweries Limited and Titan Company Limited

Sell United Breweries Limited:

United Breweries Limited

United Breweries Limited has officially announced a consolidated sales of Rs. 1,291.10 Cr for the third quarter finished on 31-12-2020, which is 4.15% up from its previous quarter sales of Rs. 899.90 Cr and 2.54% down from its previous year same quarter sales of Rs. 1,454.83 Cr. The company has reported a net profit after tax of Rs. 43.69 Cr in the previous quarter.

Outlook:

United Breweries Limited: Experts suggested sell call at current market price: Rs. 1,133.35 with a target price: Rs. 1,000; Stoploss: Rs. 1,176.

Sell Titan Company Limited:

Titan Company Limited

Titan Company Ltd has officially announced a consolidated sales of Rs. 7,243.00 Cr for the third quarter finished on 31-12-2020, which is 75.50% up from its previous quarter sales of Rs. 4,127.00 Cr and 12.21% up from its previous year same quarter sales of Rs. 6,454.58 Cr. The company has reported a net profit after tax of Rs. 530.00 Cr in the previous quarter.

Outlook:

Titan Company Ltd: Experts suggested sell call at current market price: Rs. 1,527.25 with a target price: Rs. 1,400; Stoploss: Rs. 1,570.

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.