Sell Bajaj Finance Limited and Buy L&T Technology Services Limited

Sell Bajaj Finance Limited:

Bajaj Finance Limited
Bajaj Finance Ltd has officially announced a consolidated sales of Rs. 6,614.60 Cr for the third quarter finished on 31-12-2020, which is 2.07% from its previous quarter sales of Rs. 6,480.35 Cr and 5.65% down from its previous year sales of Rs. 7,011.05 Cr. The company has reported a net profit after tax of Rs. 1,145.98 Cr in the previous quarter.

Outlook:

Bajaj Finance Ltd: Experts suggested sell call at current market price: Rs. 5,451.90 with a target price: Rs. 5,300; Stoploss: Rs. 5,500.

Buy L&T Technology Services Limited:

L&T Technology Services Limited

L&T Technology Services Ltd has officially announced a consolidated sales of Rs. 1,449.50 Cr for the third quarter finished on 31-12-2020, which is 5.77% up from its previous quarter sales of Rs. 1,370.40 Cr and -1.21% down from its previous year same quarter sales of Rs. 1,467.20 Cr. The company has reported a net profit after tax of Rs. 186.90 Cr in the previous quarter.

Outlook:

L&T Technology Services Ltd: Experts suggested buy call at current market price: Rs. 2,728.90 with a target price: Rs. 2,850; Stoploss: Rs. 2,664.

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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