Buy Arvind, target Rs 430: Kunal Bothra
Buy Arvind Ltd. at a price target of Rs 430.0 and a stop loss at Rs 400 from entry point.
The current market price of Arvind is Rs 409.60.
Time period given by the analyst is 'Intra Day' when Arvind price can reach defined target.
Kunal Bothra recommended to keep a stop loss at Rs 400.
Arvind, incorporated in the year 1931, is a Mid Cap company (having a market cap of Rs 10,592.96 Crore) operating in Textiles sector.
The company’s top management includes Dr.Bakul Dholakia, Mr.Dileep C Choksi, Mr.Jayesh K Shah, Mr.Kulin S Lalbhai, Mr.Nilesh Shah, Mr.Punit S Lalbhai, Mr.Samir Mehta, Mr.Sanjay S Lalbhai, Mr.Vallabh Bhanshali, Ms.Renuka Ramnath.
Company has Deloitte Haskins & Sells LLP as its auditors.
As on 31-12-2017, the company has a total of 258,617,069 shares outstanding.
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