Buy Coforge Limited and Coal India Limited

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Buy Coforge Limited:

Coforge Ltd. officially announced consolidated sales of Rs. 1,195.20 Cr for the third quarter ended 12/31/2020, an increase of 3.25% over revenue of Rs for the previous quarter. 1,157.60 Cr and 9.83% over the previous year’s sales of Rs. 1,088.20 Cr. The company reported net income after tax of Rs. 123.50 Cr in the previous quarter.

Outlook:

Coforge Ltd: Experts recommend calling to buy at the current market price: Rs. 2,583.2 with a target price: Rs. 3,051.

Buy Coal India Limited:

Coal India Limited

Coal India Ltd. officially announced consolidated sales of Rs. 24,334.62 Cr for the third quarter ended 12/31/2020 which is 9.43% less than the previous quarter’s sales of Rs. 22,237.82 Cr and -1.09% from last year’s sales of Rs. 24,602.19 Cr. The company reported net income after tax of Rs. 3,083.95 Cr in the previous quarter.

Outlook:

Coal India Ltd: Experts recommend calling to buy at the current market price: Rs. 154.25 with a target price: Rs. 178.

Disclaimer: The perspectives and investment tips given in this section are from the expert and not the website or its management. We encourage our clients to check with certified experts before taking a position in the stocks mentioned.

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