Buy Granules India, target Rs 116: Manas Jaiswal

Buy Granules India Ltd. at a price target of Rs 116.0 and a stop loss at Rs 107.5 from the entry point.

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The current market price of Granules India is Rs 110.50.
Manas Jaiswal of manasjaiswal.com has a buy call on Granules India with a target price of Rs 116.

The current market price of Granules India is Rs 110.50.

Time period given by the analyst is Intra Day when Granules India price can reach the defined target.


Manas Jaiswal recommended keeping a stop loss at Rs 107.5.

Granules India, incorporated in the year 1991, is a Mid Cap company (having a market cap of Rs 2,804.91 Crore) operating in Pharmaceuticals and health care sector.

The company’s top management includes Dr.Krishna Murthy Ella, Dr.V V N K V Prasada Raju, Mr.A P Kurian, Mr.Arun Rao Akinepally, Mr.C Parthasarathy, Mr.Harsha Chigurupati, Mr.K B Sankar Rao, Mr.Krishna Prasad Chigurupati, Mr.L S Sarma, Mrs.Uma Devi Chigurupati.
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The company has Kumar & Giri as its auditors.

As on 31-03-2018, the company has a total of 253,837,562 shares outstanding.
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