Buy ICICI Prudential Life Insurance Company Limited and Deepak Nitrite Limited

Buy ICICI Prudential Life Insurance Company Limited:

ICICI Prudential Life Insurance Company Limited

ICICI Prudential Life Insurance Company Ltd has officially announced a consolidated sales of Rs. 623.78 Cr for the third quarter finished on 31-12-2020, which is .06% up from its previous quarter sales of Rs. 623.39 Cr and 13.63% down from its previous year same quarter sales of Rs. 548.96 Cr. The company has reported a net profit after tax of Rs. 304.30 Cr in the previous quarter.

Outlook:

ICICI Prudential Life Insurance Company Ltd: Experts suggested buy call at current market price: Rs. 522.80 with a target price: Rs. 540; Stoploss: Rs. 517.

Buy Deepak Nitrite Limited:

Deepak Nitrite Limited

Deepak Nitrite Ltd has officially announced a consolidated sales of Rs. 1,239.57 Cr for the third quarter finished on 31-12-2020, which is 25.08% up from its previous quarter sales of Rs. 991.04 Cr and 9.25% down from its previous year same quarter sales of Rs. 1,134.60 Cr. The company has reported a net profit after tax of Rs. 216.56 Cr in the previous quarter.

Outlook:

Deepak Nitrite Ltd: Experts suggested buy call at current market price: Rs. 1,914.95 with a target price: Rs. 2,000; Stoploss: Rs. 1,850.

 

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.