Buy Ceat, target Rs 1,950: Sagar Doshi
Buy Ceat at a price target of Rs 1,950 and a stop loss at Rs 1,780 from entry point.
By ETMarkets.com |
Sagar Doshi of Edelweiss Financial Services has a buy call on Ceat with a target price of Rs 1,950.
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.
Sagar Doshi recommended to keep a stop loss at Rs 1,780.
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.
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.
Sagar Doshi recommended to keep a stop loss at Rs 1,780.
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.
ADVERTISEMENT
Company has SRBC & Co LLP as its auditors.
As on 30-09-2017, the company has a total of 40,450,092 shares outstanding.
Too busy to trade in stocks? Invest in Mutual Funds with ET Money!
Bookmark or read stories offline -
Download ET Markets APP
Download ET Markets APP
ADVERTISEMENT
