Q2 Results Ke Baad 3 Stocks Par Brokerages ne Badhaye Target –
Dear Friends, Aapko Pata hai ki Companies ke Q2 Results announce hone start ho chuke hain.
Aise mein kayi companies ke Q2 Results bahut achche hain tou kuch companies ke Q2 Results ne sabko maayoos kiya.
Aaj is Article ke through ham aapke sath 3 Stocks ki list share kar rahe hain jinko lekar Brokerages House bahut positive hain aur ek achcha return dekh rahe hain.
Q2 Results Ke Baad 3 Stocks Par Brokerages ne Badhaye Target
1 – Infosys
The company reported a 5.8 percent sequential growth in Q2FY20 with its net profit at Rs 4,019 crore. Revenue during the quarter rose 3.8 percent QoQ to Rs 22,629 crore, while in dollar terms revenue rose 2.5 percent at $3,210 million.
ICICIdirect has maintained its hold rating on the stock with a revised target price of Rs 885.
2 – Avenue Supermarts
D-Mart operator, Avenue Supermarts posted a 47.54 percent year-on-year jump in its net profit at Rs 322.63 crore, while revenue increased 22.26 percent to Rs 5,998.90 crore. Its EBITDA rose 32.3 percent to Rs 515.4 crore and EBITDA margin was up 8.66 percent.
ICICIdirect reiterated reduce rating on the stock with a revised target price to Rs 1,700 from previous target price of Rs 1,450.
3 – Hindustan Unilever
FMCG major Hindustan Unilever (HUL) registered 21 percent year-on-year jump in its net profit at Rs 1,848 crore. Its EBITDA was at Rs 2,443 crore, up 21 percent. The domestic consumer segment of the company grew by 7 percent with underlying volume growth at 5 percent.
Prabhudas Lilladher retained it accumulate rating but raised the target to Rs 2,083 from Rs 1,967 per share.
Disclaimer: The above report is compiled from information available on public platforms.
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