Buy Majesco, target Rs 600: Kunal Bothra
Buy Majesco Ltd. at a price target of Rs 600.0 and a stop loss at Rs 510 from entry point.
The current market price of Majesco is Rs 536.85.
Time period given by the analyst is 'Intra Day' when Majesco price can reach defined target.
Kunal Bothra recommended to keep a stop loss at Rs 510.
Majesco, incorporated in the year 2013, is a Small Cap company (having a market cap of Rs 1,266.64 Crore) operating in Information Technology sector.
The company’s top management includes Dr.Arun Kumar Maheshwari, Mr.Farid Kazani, Mr.Ketan Bansilal Mehta, Mr.Radhakrishnan Sundar, Mr.Venkatesh Chakravarty, Ms.Madhu Dubhashi.
Company has Varma & Varma as its auditors.
As on 30-09-2017, the company has a total of 23,533,099 shares outstanding.
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