Buy Mercator, target Rs 42.50: Kunal Bothra
Buy Mercator Ltd. at a price target of Rs 42.5 and a stop loss at Rs 36 from entry point.
By ETMarkets.com |
Independent analyst Kunal Bothra has a buy call on Mercator with a target price of Rs 42.50.
The current market price of Mercator is Rs 38.10.
Time period given by the analyst is intraday when Mercator price can reach defined target.
Kunal Bothra recommended to keep a stop loss at Rs 36.
Mercator, incorporated in the year 1983, is a Small Cap company (having a market cap of Rs 1,152.37 Crore) operating in Miscellaneous sector.
The company’s top management includes Mr.Anil Khanna, Mr.Deshraj Dogra, Mr.Gunender Kapur, Mr.H K Mittal, Mr.M M Agrawal, Mrs.Archana Mittal.
Company has CNK & Associates LLP as its auditors.
As on 13-11-2017, the company has a total of 302,459,335 shares outstanding.
The current market price of Mercator is Rs 38.10.
Time period given by the analyst is intraday when Mercator price can reach defined target.
Kunal Bothra recommended to keep a stop loss at Rs 36.
Mercator, incorporated in the year 1983, is a Small Cap company (having a market cap of Rs 1,152.37 Crore) operating in Miscellaneous sector.
The company’s top management includes Mr.Anil Khanna, Mr.Deshraj Dogra, Mr.Gunender Kapur, Mr.H K Mittal, Mr.M M Agrawal, Mrs.Archana Mittal.
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Company has CNK & Associates LLP as its auditors.
As on 13-11-2017, the company has a total of 302,459,335 shares outstanding.
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