Buy Bharat Forge, target Rs 770: Sagar Doshi
Buy Bharat Forge Ltd. at a price target of Rs 770.0 and a stop loss at Rs 705 from entry point.
By ETMarkets.com |
Sagar Doshi of Edelweiss Financial Services has a buy call on Bharat Forge with a target price of Rs 770.
The current market price of Bharat Forge is Rs 727.80.
Time period given by the analyst is intraday when Bharat Forge price can reach defined target.
Sagar Doshi recommended to keep a stop loss at Rs 705.
Bharat Forge, incorporated in the year 1961, is a Large Cap company (having a market cap of Rs 33,885.54 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.
Company has SRBC & Co LLP as its auditors.
As on 03-10-2017, the company has a total of 465,588,632 shares outstanding.
The current market price of Bharat Forge is Rs 727.80.
Time period given by the analyst is intraday when Bharat Forge price can reach defined target.
Sagar Doshi recommended to keep a stop loss at Rs 705.
Bharat Forge, incorporated in the year 1961, is a Large Cap company (having a market cap of Rs 33,885.54 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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