Buy CG Power and Industrial Solutions, target Rs 96: Kunal Bothra

Independent analyst Kunal Bothra has a buy call on CG Power and Industrial Solutions with a target price of Rs 96.

The current market price of CG Power and Industrial Solutions is Rs 91.05.

Time period given by the analyst is intraday when CG Power and Industrial Solutions price can reach defined target.

Kunal Bothra recommended to keep a stop loss at Rs 87.50.

CG Power and Industrial Solutions, incorporated in the year 1937, is a Mid Cap company (having a market cap of Rs 5706.52 Crore) operating in Electric Equipment sector.

The company’s top management includes Dr.Omkar Goswami, Dr.Valentin Von Massow, Mr.Ashish Guha, Mr.Bhuthalingam Hariharan, Mr.Gautam Thapar, Mr.Jitender Balakrishnan, Mr.K N Neelkant, Mr.Madhav Acharya, Mr.Sanjay Labroo, Ms.Ramni Nirula.

Company has Sharp and Tannan as its auditors.

As on 30-09-2017, the company has a total of 626,746,142 shares outstanding.