Buy Cipla, target Rs 625: Dr CK Narayan
Buy Cipla at a price target of Rs 625 and a stop loss at Rs 605 from entry point.
By ETMarkets.com |
Dr CK Narayan of Chart Advise has a buy call on Cipla with a target price of Rs 625.
The current market price of Cipla is Rs 612.40.
Time period given by the analyst is intraday when Cipla price can reach defined target.
Dr CK Narayan recommended to keep a stop loss at Rs 605.
Cipla, incorporated in the year 1935, is a Large Cap company (having a market cap of Rs 49,279.39 Crore) operating in Pharmaceuticals and health care sector.
The company’s top management includes Dr.Peter Mugyenyi, Dr.Y K Hamied, Mr.Adil Zainulbhai, Mr.Ashok Sinha, Mr.M K Hamied, Mr.Peter Lankau, Mr.S Radhakrishnan, Mr.Umang Vohra, Ms.Ireena Vittal, Ms.Naina Lal Kidwai, Ms.Punita Lal, Ms.Samina Vaziralli.
Company has Walker Chandiok & Co. LLP as its auditors.
As on 30-09-2017, the company has a total of 804,692,821 shares outstanding.
The current market price of Cipla is Rs 612.40.
Time period given by the analyst is intraday when Cipla price can reach defined target.
Dr CK Narayan recommended to keep a stop loss at Rs 605.
Cipla, incorporated in the year 1935, is a Large Cap company (having a market cap of Rs 49,279.39 Crore) operating in Pharmaceuticals and health care sector.
The company’s top management includes Dr.Peter Mugyenyi, Dr.Y K Hamied, Mr.Adil Zainulbhai, Mr.Ashok Sinha, Mr.M K Hamied, Mr.Peter Lankau, Mr.S Radhakrishnan, Mr.Umang Vohra, Ms.Ireena Vittal, Ms.Naina Lal Kidwai, Ms.Punita Lal, Ms.Samina Vaziralli.
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Company has Walker Chandiok & Co. LLP as its auditors.
As on 30-09-2017, the company has a total of 804,692,821 shares outstanding.
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