Buy Trident Ltd & Max Financial Services Ltd

Buy Trident Ltd & Max Financial Services Ltd

Trident Ltd (TRIE):Trident Ltd

Trident Ltd has officially announced a consolidated sales of Rs. 1,340.72 Cr for the quarter finished on 30-09-2019, which is 2.18% up from its previous quarter sales of Rs. 1,312.15 Cr and -4.28% down from its previous year’s same quarter sales of Rs. 1,400.70 Cr. The firm has also announced its net profit after tax of Rs.140.95 Cr in the most recent quarter.

Outlook:

Trident Ltd is a buy call with a target of Rs. 69 and a stop loss of Rs. 60; current market price: 64.60.

Max Financial Services Ltd (MAXI):

Max Financial Services

Max Financial Services Ltd has officially announced a consolidated sales of Rs. 4,685.87 Cr for the quarter finished on 30-09-2019, which is 18.67% up from its previous quarter sales of Rs. 3,948.68 Cr and 8.59% up from its previous year’s same quarter sales of Rs. 4,315.12 Cr. The firm has also announced its net profit after tax of Rs. 64.36 Cr in the most recent quarter.

Outlook:

Max Financial Services Ltd is a buy call with a target of Rs. 530 and a stop loss of Rs. 502; current market price: 511.35.

Disclaimer: The perspectives and 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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