Quarter 2 Results of most of the companies are coming day by day , but most significant of them is that of Reliance Industries - the highest market cap of All Indian listed stock.
Result of RIL has been above expectations even though GRM has fallen but other growing avenues such as Telecom and Retail has given excellent contribution on its growth as well as margin front.
So our Research gives a Buy Call on Reliance Industries with target of 2350 in 3 months time from the current level of 2050 resulting in upside gain of 10% in three month period which is excellent which excludes any dividend if any declared by the company in the intervening period.
Our Second Analysis is on both Axis as well as Inusind Bank , although both the banks have shown decline in the profit but the undercurrent is very good in both these new generation private sector bank as they are poised to grow at excellent level from next year onwards people who are having 2 to 3 years time frame should definitely buy both these stock with following targets.
Axis Bank , Current Price INR 490 to 950 in 2 years time gain of almost 100% in two years time.
Indusind Bank , Current Price INR 585 we are expecting it to touch the levels of 1600 in 3 years time resulting in gain of 150% in three year time frame.
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