Buy Arvind, target Rs 485: Kunal Bothra
Buy Arvind at a price target of Rs 485 and a stop loss at Rs 438 from entry point.
The current market price of Arvind is Rs 454.95.
Time period given by the analyst is intraday when Arvind price can reach defined target.
Kunal Bothra recommended to keep a stop loss at Rs 438.
Arvind, incorporated in the year 1931, is a Mid Cap company (having a market cap of Rs 11,761.23 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 30-09-2017, the company has a total of 258,517,069 shares outstanding.
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