Buy Escorts, target Rs 850: Kunal Bothra
Buy Escorts Ltd. at a price target of Rs 850.0 and a stop loss at Rs 790 from entry point.
The current market price of Escorts is Rs 809.10.
Time period given by the analyst is 'Intra Day' when Escorts price can reach defined target.
Kunal Bothra recommended to keep a stop loss at Rs 790.
Escorts, incorporated in the year 1944, is a Mid Cap company (having a market cap of Rs 9,917.70 Crore) operating in Auto sector.
The company’s top management includes Dr.Sutanu Behuria, Mr.D J Kakalia, Mr.G B Mathur, Mr.Hardeep Singh, Mr.Nikhil Nanda, Mr.P H Ravikumar, Mr.Rajan Nanda, Mr.Ravi Dharm Narain, Mrs.Vibha Paul Rishi, Ms.Nitasha Nanda.
Company has S N Dhawan & Co. as its auditors.
As on 31-12-2017, the company has a total of 122,576,878 shares outstanding.
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