Buy Bharti Airtel; Target Rs. 560 & Biocon; Target Rs. 350

Buy Bharti Airtel; Target Rs. 560 & Biocon; Target Rs. 350

Bharti Airtel Ltd (BRTI):

Bharti Airtel

Bharti Airtel Ltd has officially announced a consolidated sales of Rs. 21,131.30 Cr for the quarter finished on 30-09-2019, which is 1.90% up from its previous quarter sales of Rs. 20,737.90 Cr and 4.88% up from its previous year’s same quarter sales of Rs. 20,147.80 Cr. The firm has also announced its net profit after tax of Rs. -23,145.60 Cr in the most recent quarter.

Outlook:

Bharti Airtel Ltd is a buy call with a target of Rs. 560; current market price: 459.80.

Biocon Ltd (BION):

Biocon Ltd

Biocon Ltd has officially announced a consolidated sales of Rs. 1,572.20 Cr for the quarter finished on 30-09-2019, which is 7.25% up from its previous quarter sales of Rs. 1,465.90 Cr and 19.02% up from its previous year’s same quarter sales of Rs. 1,321.00 Cr. The firm has also announced its net profit after tax of Rs. 263.20 Cr in the most recent quarter.

Outlook:

Biocon Ltd is a buy call with a target of Rs. 350; current market price: 286.35.

Disclaimer: The perspectives 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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