Buy Indo Count Industries, target Rs 128.90: ICICI Direct

ICICI Direct has a buy call on Indo Count Industries with a target price of Rs 128.90.

The current market price of Indo Count Industries is Rs 123.05.

Time period given by the brokerage firm is 'Intra Day' when Indo Count Industries price can reach defined target.

ICICI Direct recommended to keep a stop loss at Rs 124.60.

Indo Count Industries, incorporated in the year 1988, is a Mid Cap company (having a market cap of Rs 2474.40 Crore) operating in Textiles sector.

The company’s top management includes Dr.(Mrs.)Vaijayanti Pandit, Mr.Anil Kumar Jain, Mr.Dilip J Thakkar, Mr.Kamal Mitra, Mr.Mohit Jain, Mr.P N Shah, Mr.Prem Malik, Mr.R Anand.

Company has Suresh Kumar Mittal & Co. as its auditors.

As on 30-09-2017, the company has a total of 197,399,670 shares outstanding.