Buy Ceat, target Rs 1,900: Manas Jaiswal
Buy Ceat at a price target of Rs 1,900 and a stop loss at Rs 1,810 from entry point.
The current market price of Ceat is Rs 1,839.50.
Time period given by the analyst is intraday when Ceat price can reach defined target.
Manas Jaiswal recommended to keep a stop loss at Rs 1,810.
Ceat, incorporated in the year 1958, is a Mid Cap company (having a market cap of Rs 7,440.79 Crore) operating in Tyres sector.
The company’s top management includes Mr.Anant Vardhan Goenka, Mr.Arnab Banerjee, Mr.Atul C Choksey, Mr.H V Goenka, Mr.Haigreve Khaitan, Mr.Hari L Mundra, Mr.Mahesh S Gupta, Mr.Paras K Chowdhary, Mr.Ranjit V Pandit, Mr.S Doreswamy, Mr.Vinay Bansal, Ms.Punita Lal.
Company has SRBC & Co LLP as its auditors.
As on 30-09-2017, the company has a total of 40,450,092 shares outstanding.
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