Buy Kaveri Seed Company, target Rs 605: Sagar Doshi

Buy Kaveri Seed Company Ltd. at a price target of Rs 605.0 and a stop loss at Rs 555 from entry point.

Sagar Doshi of Edelweiss Financial Services has a buy call on Kaveri Seed Company with a target price of Rs 605.

The current market price of Kaveri Seed Company is Rs 568.70.

Time period given by the analyst is intraday when Kaveri Seed Company price can reach defined target.

Sagar Doshi recommended to keep a stop loss at Rs 555.

Kaveri Seed Company, incorporated in the year 1986, is a Mid Cap company (having a market cap of Rs 3,758.66 Crore) operating in Agriculture/Horticulture/Lives sector.

The company’s top management includes Dr.G Pawan, Dr.S M Ilyas, Dr.S Raghuvardhan Reddy, Dr.Yeshwant Laxman Nene, Mr.C Mithun Chand, Mr.C Vamsheedhar, Mr.G V Bhaskar Rao, Mr.K Purushotham, Mr.M Srikanth Reddy, Mr.P Varaprasad Rao, Mrs.G Vanaja Devi.
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Company has M Bhaskara Rao & Co. as its auditors.

As on 30-09-2017, the company has a total of 66,092,133 shares outstanding.
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