Buy Arvind, target Rs 470: Manas Jaiswal

Buy Arvind Ltd. at a price target of Rs 470.0 and a stop loss at Rs 447 from entry point.

Manas Jaiswal of manasjaiswal.com has a buy call on Arvind with a target price of Rs 470.

The current market price of Arvind is Rs 454.65.

Time period given by the analyst is intraday when Arvind price can reach defined target.

Manas Jaiswal recommended to keep a stop loss at Rs 447.

Arvind, incorporated in the year 1931, is a Mid Cap company (having a market cap of Rs 11,755.75 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.
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Company has Deloitte Haskins & Sells LLP as its auditors.

As on 30-09-2017, the company has a total of 258,517,069 shares outstanding.
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