Buy Bharat Forge, target Rs 760: Shrikant Chouhan

Buy Bharat Forge Ltd. at a price target of Rs 760.0 and a stop loss at Rs 720 from entry point.

Shrikant Chouhan of Kotak Securities Limited has a buy call on Bharat Forge with a target price of Rs 760.

The current market price of Bharat Forge is Rs 730.80.

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

Shrikant Chouhan recommended to keep a stop loss at Rs 720.

Bharat Forge, incorporated in the year 1961, is a Large Cap company (having a market cap of Rs 34,025.22 Crore) operating in Engineering sector.

The company’s top management includes Dr.T Mukherjee, Mr.Amit B Kalyani, Mr.B N Kalyani, Mr.B P Kalyani, Mr.G K Agarwal, Mr.Kishore Saletore, Mr.Naresh Narad, Mr.P C Bhalerao, Mr.P H Ravikumar, Mr.Pratap G Pawar, Mr.S E Tandale, Mr.S M Thakore, Mr.Vimal Bhandari, Mrs.Lalita D Gupte.
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Company has SRBC & Co LLP as its auditors.

As on 03-10-2017, the company has a total of 465,588,632 shares outstanding.
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