Buy Gujarat Gas Ltd & Sun TV Network Ltd

Buy Gujarat Gas Ltd & Sun TV Network Ltd

Gujarat Gas Ltd (GGAS):

Gujarat Gas

Gujarat Gas Ltd has officially announced a consolidated sales of Rs. 2,512.91 Cr for the quarter finished on 30-09-2019, which is -3.89% down from its previous quarter sales of Rs. 2,614.61 Cr and 27.93% up from its previous year’s same quarter sales of Rs. 1,964.34 Cr. The firm has also announced its net profit after tax of Rs. 517.36 Cr in the most recent quarter.

Outlook:

Gujarat Gas Ltd is a buy call with a target of Rs. 228 and a stop loss of Rs. 210; current market price: 211.15.

Sun TV Network Ltd (SUTV):

Sun TV Network

Sun TV Network Ltd has officially announced a consolidated sales of Rs. 825.52 Cr for the quarter finished on 30-09-2019, which is -27.01% down from its previous quarter sales of Rs. 1,131.04 Cr and 5.88% up from its previous year’s same quarter sales of Rs. 779.65 Cr. The firm has also announced its net profit after tax of Rs. 369.65 Cr in the most recent quarter.

Outlook:

Sun TV Network Ltd is a sell call with a target of Rs. 440 and a stop loss of Rs. 485; current market price:  464.80.

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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