Buy Aurobindo Pharma, target Rs 610: Manas Jaiswal

Buy Aurobindo Pharma Ltd. at a price target of Rs 610.0 and a stop loss at Rs 574 from entry point.

By ETMarkets.com | Feb 23, 2018, 08.42 AM IST

Manas Jaiswal of manasjaiswal.com has a buy call on Aurobindo Pharma with a target price of Rs 610.

The current market price of Aurobindo Pharma is Rs 587.15.

Time period given by the analyst is 'Intra Day' when Aurobindo Pharma price can reach defined target.

Manas Jaiswal recommended to keep a stop loss at Rs 574.

Aurobindo Pharma, incorporated in the year 1986, is a Large Cap company (having a market cap of Rs 34,400.09 Crore) operating in Pharmaceuticals and health care sector.

The company’s top management includes Dr.M Sivakumaran, Dr.(Mrs.)Avnit Bimal Singh, Mr.K Nithyananda Reddy, Mr.K Ragunathan, Mr.M Madan Mohan Reddy, Mr.M Sitarama Murthy, Mr.N Govindarajan, Mr.P Sarath Chandra Reddy, Mr.P V Ramprasad Reddy, Mrs.Savita Mahajan.

Company has BSR & Associates LLP as its auditors.

As on 31-12-2017, the company has a total of 585,882,409 shares outstanding.

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