Buy HDFC Life Ltd & Sun Pharmaceutical Ltd

Buy HDFC Life Ltd & Sun Pharmaceutical Ltd

HDFC Life Insurance Company Ltd (HDFL):

HDFC Life Insurance

HDFC Life Insurance Company Ltd has officially announced a consolidated sales of Rs. 225.06 Cr for the quarter finished on 30-09-2019, which is -37.53% down from its previous quarter sales of Rs. 360.26 Cr and -5.19% down from its previous year’s same quarter sales of Rs. 237.38 Cr. The firm has also announced its net profit after tax of Rs. 308.98 Cr in the most recent quarter.

Outlook:

HDFC Life Insurance Company Ltd is a buy call with a target of Rs. 605; current market price: 579.90.

Sun Pharmaceutical Industries Ltd (SUN):

Sun Pharmaceutical Industries Ltd

Sun Pharmaceutical Industries Ltd has officially announced a consolidated sales of Rs. 7,949.19 Cr for the quarter finished on 30-09-2019, which is -3.75% down from its previous quarter sales of Rs. 8,259.30 Cr and 16.11% up from its previous year’s same quarter sales of Rs. 6,846.48 Cr. The firm has also announced its net profit after tax of Rs. 1,167.35 Cr in the most recent quarter.

Outlook:

Sun Pharmaceutical Industries Ltd is a buy call with a target of Rs. 455; current market price: 437.00.

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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