Buy Balrampur Chini Mills, target Rs 179: Manas Jaiswal

Buy Balrampur Chini Mills at a price target of Rs 179 and a stop loss at Rs 163 from entry point.

Manas Jaiswal of manasjaiswal.com has a buy call on Balrampur Chini Mills with a target price of Rs 179.

The current market price of Balrampur Chini Mills is Rs 167.05.

Time period given by the analyst is intraday when Balrampur Chini Mills price can reach defined target.

Manas Jaiswal recommended to keep a stop loss at Rs 163.

Balrampur Chini Mills, incorporated in the year 1975, is a Mid Cap company (having a market cap of Rs 3926.06 Crore) operating in Sugar sector.

The company’s top management includes Dr.Arvind Krishna Saxena, Mr.D K Mittal, Mr.Kamal Nayan Saraogi, Mr.Krishnava Dutt, Mr.Meenakshi Saraogi, Mr.Naresh Dayal, Mr.R N Das, Mr.Sakti Prasad Ghosh, Mr.Sumit Mazumder, Mr.Vivek Saraogi, Mrs.Novel S Lavasa.
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Company has Lodha & Co. as its auditors.

As on 30-09-2017, the company has a total of 235,022,827 shares outstanding.
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