Buy Merck, target Rs 1,610: Dharmesh Shah
Buy Merck Ltd. at a price target of Rs 1610.0 and a stop loss at Rs 1465 from entry point.
By ETMarkets.com |
Dharmesh Shah of ICICI Direct has a buy call on Merck with a target price of Rs 1,610.
The current market price of Merck is Rs 1,519.15.
Time period given by the analyst is 'Intra Day' when Merck price can reach defined target.
Dharmesh Shah recommended to keep a stop loss at Rs 1,465.
Merck, incorporated in the year 1967, is a Mid Cap company (having a market cap of Rs 2,521.70 Crore) operating in Pharmaceuticals and health care sector.
The company’s top management includes Mr.Anand Nambiar, Mr.H C H Bhabha, Mr.N Krishnan, Mr.S N Talwar, Mrs.Rani A Jadhav, Ms.Zoe Tang.
Company has BSR & Co. LLP as its auditors.
As on 31-12-2017, the company has a total of 16,599,382 shares outstanding.
The current market price of Merck is Rs 1,519.15.
Time period given by the analyst is 'Intra Day' when Merck price can reach defined target.
Dharmesh Shah recommended to keep a stop loss at Rs 1,465.
Merck, incorporated in the year 1967, is a Mid Cap company (having a market cap of Rs 2,521.70 Crore) operating in Pharmaceuticals and health care sector.
The company’s top management includes Mr.Anand Nambiar, Mr.H C H Bhabha, Mr.N Krishnan, Mr.S N Talwar, Mrs.Rani A Jadhav, Ms.Zoe Tang.
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Company has BSR & Co. LLP as its auditors.
As on 31-12-2017, the company has a total of 16,599,382 shares outstanding.
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