Buy Jaiprakash Associates, target Rs 20: CA Rudramurthy

CA Rudramurthy of Vachana Investment has a buy call on Jaiprakash Associates with a target price of Rs 20.

The current market price of Jaiprakash Associates is Rs 17.85.

Time period given by the analyst is 'Intra Day' when Jaiprakash Associates price can reach defined target.

CA Rudramurthy recommended to keep a stop loss at Rs 17.80.

Jaiprakash Associates, incorporated in the year 1995, is a Mid Cap company (having a market cap of Rs 4,341.94 Crore) operating in Construction sector.

The company’s top management includes Mr.B K Goswami, Mr.C P Jain, Mr.K N Bhandari, Mr.K P Rau, Mr.Manoj Gaur, Mr.Pankaj Gaur, Mr.R N Bhardwaj, Mr.Ranvijay Singh, Mr.S C K Patne, Mr.S C Rathi, Mr.Shailesh Verma, Mr.Sunil Kumar Sharma, Mr.Sunny Gaur, Mr.T R Kakkar, Ms.Homala A Daruwalla.

Company has Rajendra K Goel & Co. as its auditors.

As on 31-12-2017, the company has a total of 2,432,456,975 shares outstanding.