Buy Emami, target Rs 1,300: Shrikant Chouhan

Shrikant Chouhan of Kotak Securities Limited has a buy call on Emami with a target price of Rs 1,300.

The current market price of Emami is Rs 1239.55.

Time period given by the analyst is intraday when Emami price can reach defined target.

Shrikant Chouhan recommended to keep a stop loss at Rs 1,170.

Emami, incorporated in the year 1983, is a Large Cap company (having a market cap of Rs 27,435.85 Crore) operating in Personal Care sector.

The company’s top management includes Mr.Aditya V Agarwal, Mr.Amit Kiran Deb, Mr.C K Dhanuka, Mr.Harsha V Agarwal, Mr.K N Memani, Mr.M D Mallya, Mr.Mohan Goenka, Mr.P K Khaitan, Mr.Prashant Goenka, Mr.R S Agarwal, Mr.R S Goenka, Mr.S B Ganguly, Mr.Sajjan Bhajanka, Mr.Sushil K Goenka, Mr.Y P Trivedi, Mrs.Priti A Sureka, Mrs.Rama Bijapurkar.

Company has S R Batliboi & Co. LLP as its auditors.

As on 30-09-2017, the company has a total of 226,967,619 shares outstanding.