Buy Tech Mahindra Limited and RBL Bank Limited

Buy Tech Mahindra Limited:

Tech Mahindra Limited

Tech Mahindra Ltd has officially announced a consolidated sales of Rs. 9,868.00 Cr for the third quarter finished on 31-12-2020, which is 3.99% up from its previous quarter sales of Rs. 9,489.30 Cr and -1.36% down from its previous year same quarter sales of Rs. 10,004.20 Cr. The company has reported a net profit after tax of Rs. 1,289.60 Cr in the previous quarter.

Outlook:

Tech Mahindra Ltd: Experts suggested buy call at current market price: Rs. 966.70 with a target price: Rs. 1,000; Stoploss: Rs. 948.

Buy RBL Bank Limited:

rbl-bank-ltd-vector-logo

RBL Bank Ltd has officially announced a consolidated sales of Rs. 1,646.03 Cr for the third quarter finished on 31-12-2020, which is 4.96% up from its previous quarter sales of Rs. 1,731.94 Cr and 9.95% up from its previous year same quarter sales of Rs. 1,827.88 Cr. The company has reported net profit after tax of Rs. 146.88 Cr in the previous quarter.

Outlook:

RBL Bank Ltd: Experts suggested buy call at current market price: Rs. 183.75 with a target price: Rs. 200; Stoploss: Rs. 176.5.

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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