Buy Ajanta Pharma, target Rs 1,300: Kunal Bothra
Buy Ajanta Pharma at a price target of Rs 1,300 and a stop loss at Rs 1,220 from entry point.
The current market price of Ajanta Pharma is Rs 1,253.10.
Time period given by the analyst is intraday when Ajanta Pharma price can reach defined target.
Kunal Bothra recommended to keep a stop loss at Rs 1,220.
Ajanta Pharma, incorporated in the year 1979, is a Mid Cap company (having a market cap of Rs 10,853.95 Crore) operating in Pharmaceuticals and health care sector.
Top Management of the company includes Mr. Yogesh Agrawal (MD) & Mr. Rajesh Agrawal (Jt. MD).
Company has BSR & Co. LLP as its auditors.
As on 30-09-2017, the company has a total of 88,014,500 shares outstanding.
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