Buy Hero MotoCorp Ltd & Sell Godrej Consumer

Buy Hero MotoCorp Ltd & Sell Godrej Consumer

Hero MotoCorp Ltd (HROM):

Hero MotoCorp Ltd

Hero MotoCorp Ltd has officially announced a consolidated sales of Rs. 7,660.27 Cr for the quarter finished on 30-09-2019, which is -6.42% down from its previous quarter sales of Rs. 8,185.66 Cr and -16.44% down from its previous year’s same quarter sales of Rs. 9,167.86 Cr. The firm has also announced its net profit after tax of Rs. 869.78 Cr in the most recent quarter.

Outlook:

Hero MotoCorp Ltd is a buy call with a target of Rs. 2,540 and a stop loss of Rs. 2,350; current market price: 2,442.90.

Godrej Consumer Products Ltd (GOCP):

Godrej Consumer Products

Godrej Consumer Products Ltd has officially announced a consolidated sales of Rs. 2,608.15 Cr for the quarter finished on 30-09-2019, which is 11.91% up from its previous quarter sales of Rs. 2,330.59 Cr and -1.27% down from its previous year’s same quarter sales of Rs. 2,641.79 Cr. The firm has also announced its net profit after tax of Rs. 413.60 Cr in the most recent quarter.

Outlook:

Godrej Consumer Products Ltd is a buy call with a target of Rs. 670 and a stop loss of Rs. 750; current market price: 702.85.

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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