Buy Cipla Limited and Tata Steel Limited

Buy Cipla Limited:

Cipla Limited

Cipla Ltd has officially announced a consolidated sales of Rs. 5,255.63 Cr for the third quarter finished on 31-12-2020, which is 3.22% up from its previous quarter sales of Rs. 5,091.76 Cr and 18.29% down from its previous year same quarter sales of Rs. 4,443.13 Cr. The company has reported a net profit after tax of Rs. 752.51 Cr in the previous quarter.

Outlook:

Cipla Ltd: Experts suggested buy call at current market price: Rs. 916.3 with a target price: Rs. 934; Stoploss: Rs. 910.

Buy Tata Steel Limited:

Tata Steel Limited1

Tata Steel Ltd has officially announced a consolidated sales of Rs. 39,809.05 Cr for the third quarter finished on 31-12-2020, which is 6.51% up from its previous quarter sales of Rs. 37,376.13 Cr and 11.78% up from its previous year same quarter sales of Rs. 35,613.34 Cr. The company has reported a net profit after tax of Rs. 3,922.56 Cr in the previous quarter.

Outlook:

Tata Steel Ltd: Experts suggested buy call at current market price: Rs. 1,034.00 with a target price: Rs. 1,070; Stoploss: Rs. 1,015.

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.

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