Buy NIIT; Target Rs. 114 & Lupin; Target Rs. 840

Buy NIIT; Target Rs. 114 & Lupin; Target Rs. 840

NIIT Ltd (NIIT):

NIIT Ltd

NIIT Ltd has officially announced a consolidated sales of Rs. 236.54 Cr for the quarter finished on 30-09-2019, which is 12.47%  up from its previous quarter sales of Rs. 210.30 Cr and 3.54% up from its previous year’s same quarter sales of Rs. 228.46 Cr. The firm has also announced its net profit after tax of Rs. 208.83 Cr in the most recent quarter.

Outlook:

NIIT Ltd is a buy call with a target of Rs. 114 and a stop loss of Rs. 100; current market price: 109.30.

Lupin Ltd (LUPN):

Lupin Ltd

Lupin Ltd has officially announced a consolidated sales of Rs. 4,296.90 Cr for the quarter finished on 30-09-2019, which is 1.35% down from its previous quarter sales of Rs. 4,355.83 Cr and 10.43% up from its previous year’s same quarter sales of Rs3,890.93 Cr. The firm has also announced its net profit after tax of Rs. -124.40 Cr in the most recent quarter.

Outlook: 

Lupin Ltd is a buy call with a target of Rs. 840 and a stop loss of Rs. 780; current market price: 794.30.

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

Best Stocks: 6 Stocks to Buy for Long Term in India

Read Next

Buy Biocon Ltd & Lupin Ltd and Sell Torrent Power Ltd

Translate »