Buy Capital First, target Rs 830.0 : Manas Jaiswal

Manas Jaiswal of manasjaiswal.com has a buy call on Capital First Ltd. with a target price of Rs 830.0 .The current market price of Capital First Ltd. is Rs 789.55. The time period given by analyst is Intra Day when Capital First Ltd. price can reach defined target. Manas Jaiswal recommended to keep stop loss at Rs 769.

Capital First Ltd., incorporated in the year 2005, is a Mid Cap company (with a market cap of ₹ 7691.96 crore) operating in Finance sector.

Capital First Ltd. key Products/Revenue Segments include Interest which contributed ₹ 1669.91 Cr to Sales Value (90.51 % of Total Sales), Fees & Other Charges which contributed ₹ 167.59 Cr to Sales Value (9.08 % of Total Sales), Income From Financial Services which contributed ₹ 5.32 Cr to Sales Value (0.28 % of Total Sales) and Income From Brokerage & Commission which contributed ₹ 2.16 Cr to Sales Value (0.11 % of Total Sales)for the year ending 31-Mar-2016.

For the quarter ended 31-12-2016, the company has reported a Consolidated sales of ₹ 725.94 Cr., up 6.52 from last quarter Sales of ₹ 681.53 Cr. and up 46.48 from last year same quarter Sales of ₹ 495.59 Cr. Company has reported net profit after tax of ₹ 61.36 Cr. in latest quarter. The company’s CEO is Mr.V Vaidyanathan. It's Board of Directors include Dr.(Mrs.)Brinda Jagirdar, Mr.Adrian Andrade, Mr.Apul Nayyar, Mr.Dinesh Kanabar, Mr.Hemang Raja, Mr.M S Sundara Rajan, Mr.N C Singhal, Mr.Narendra Ostawal, Mr.Nihal Desai, Mr.Pankaj Sanklecha, Mr.Satish Gaikwad, Mr.V Vaidyanathan, Mr.Vishal Mahadevia, Mr.Satish Gaikwad. Company has its registered office at Indiabulls Finance Centre,, 15th Floor, Tower-2, , Senapati Bapat Marg,, Mumbai, 400013, Maharashtra. Company has S R Batliboi & Co. LLP as its auditors. As on 31-03-2017, the company has a total of 97,422,069 shares outstanding.