Buy Eicher Motors Ltd & Bajaj Auto Ltd

Buy Eicher Motors Ltd & Bajaj Auto Ltd

Eicher Motors Ltd (EICH):

Eicher Motors

Eicher Motors Ltd has officially announced a consolidated sales of Rs. 2,171.54 Cr for the quarter finished on 30-09-2019, which is -8.03% down from its previous quarter sales of Rs. 2,361.24 Cr and -9.34% down from its previous year’s same quarter sales of Rs. 2,395.22 Cr. The firm has also announced its net profit after tax of Rs. 564.39 Cr in the most recent quarter.

Outlook:

Eicher Motors Ltd is a buy call with a target of Rs. 24,673; current market price: 21,620.10.

Bajaj Auto Ltd (BAJA):

Bajaj Auto

Bajaj Auto Ltd has officially announced a consolidated sales of Rs. 7,499.21 Cr for the quarter finished on 30-09-2019, which is -87% down from its previous quarter sales of Rs. 7,565.01 Cr and -4.25% down from its previous year’s same quarter sales of Rs. 7,831.79 Cr. The firm has also announced its net profit after tax of Rs. 1,403.20 Cr in the most recent quarter.

Outlook:

Bajaj Auto Ltd is a buy call with a target of Rs. 3,651; current market price: 3,257.30.

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.

0 Reviews

Write a Review

Read Previous

Buy Divi’s Laboratories, Kotak Mahindra Bank & ICICI Prudential Life

Read Next

Buy Max Financial Services & Sell Vedanta & Tata Steel

Translate »