Buy Coal India Limited:
Coal India Ltd has officially announced a consolidated sales of Rs. 24,334.62 Cr for the third quarter finished on 31-12-2020, which is 9.43% down from its previous quarter sales of Rs. 22,237.82 Cr and -1.09% down from its previous year same quarter sales of Rs. 24,602.19 Cr. The company has reported a net profit after tax of Rs. 3,083.95 Cr in the previous quarter.
Outlook:
Coal India Ltd: Experts suggested buy call at current market price: Rs. 133.65 with a target price: Rs. 144; Stoploss: Rs. 127.4.
Buy Eicher Motors Limited:
Eicher Motors Ltd has officially announced a consolidated sales of Rs. 2,809.44 Cr for the third quarter finished on 31-12-2020, which is 31.68% up from its previous quarter sales of Rs. 2,133.60 Cr and 19.53% up from its previous year same quarter sales of Rs. 2,350.45 Cr. The company has reported a net profit after tax of Rs. 501.21 Cr in the previous quarter.
Outlook:
Eicher Motors Ltd: Experts suggested buy call at current market price: Rs. 2,590 with a target price: Rs. 2,650; Stoploss: Rs. 2,548.
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