Buy Bajaj Electricals, target Rs 465: Sagar Doshi

Buy Bajaj Electricals at a price target of Rs 465 and a stop loss at Rs 390 from entry point.

Sagar Doshi of Edelweiss Financial Services has a buy call on Bajaj Electricals with a target price of Rs 465.

The current market price of Bajaj Electricals is Rs 419.

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

Sagar Doshi recommended to keep a stop loss at Rs 390.

Bajaj Electricals, incorporated in the year 1938, is a Mid Cap company (having a market cap of Rs 4,214.12 Crore) operating in Consumer Durables sector.

The company’s top management includes Dr.R P Singh, Dr.(Mrs.)Indu Shahani, Mr.Anant Bajaj, Mr.Anuj Poddar, Mr.Ashok Jalan, Mr.Harsh Vardhan Goenka, Mr.Madhur Bajaj, Mr.Shekhar Bajaj, Mr.Siddharth Mehta.
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Company has Dalal & Shah LLP as its auditors.

As on 30-09-2017, the company has a total of 101,525,351 shares outstanding.
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