Buy Equitas Holdings, target Rs 180.0 : Manas Jaiswal

Manas Jaiswal of manasjaiswal.com has a buy call on Equitas Holdings Ltd. with a target price of Rs 180.0 . The current market price of Equitas Holdings Ltd. is 167.9 Time period given by analyst is Intra Day when Equitas Holdings Ltd. price can reach defined target. Manas Jaiswal recommended to keep stoploss at Rs 162
Equitas Holdings Ltd., incorporated in the year 2007, is a Mid Cap company (having a market cap of ₹ 5679.11 Cr.) operating in Finance sector.

Equitas Holdings Ltd. key Products/Revenue Segments include Interest which contributed ₹ 11.37 Cr to Sales Value (92.49 % of Total Sales) and Income From Sale Of Share & Securities which contributed ₹ .92 Cr to Sales Value (7.50 % of Total Sales)for the year ending 31-Mar-2017.

For the quarter ended 30-06-2017, the company has reported a Consolidated sales of ₹ 453.24 Cr., up 13.89 from last quarter Sales of ₹ 397.97 Cr. and up 35.68 from last year same quarter Sales of ₹ 334.04 Cr. Company has reported net profit after tax of ₹ 15.60 Cr. in latest quarter. The company’s top management includes Mr.Arun Ramanathan, Mr.N Rangachary, Mr.Nagarajan Srinivasan, Mr.P T Kuppuswamy, Mr.P V Rajaraman, Mr.S Bhaskar, Mr.Y C Nanda, Ms.Jayshree Ashwinkumar Vyas. Company has S R Batliboi & Associates LLP as its auditors. As on 30-06-2017, the company has a total of 338,243,798 shares outstanding.