Buy MRF, target Rs 73,000: Manas Jaiswal
Buy MRF Ltd. at a price target of Rs 73000.0 and a stop loss at Rs 69500 from entry point.
By ETMarkets.com |
Manas Jaiswal of manasjaiswal.com has a buy call on MRF with a target price of Rs 73,000.
The current market price of MRF is Rs 71,300.
Time period given by the analyst is intraday when MRF price can reach defined target.
Manas Jaiswal recommended to keep a stop loss at Rs 69,500.
MRF, incorporated in the year 1960, is a Large Cap company (having a market cap of Rs 29,981.28 Crore) operating in Tyres sector.
The company’s top management includes Dr.Cibi Mammen, Dr.K C Mammen, Dr.Salim Joseph Thomas, Mr.Ambika Mammen, Mr.Arun Mammen, Mr.Ashok Jacob, Mr.Jacob Kurian, Mr.K M Mammen, Mr.Meyyappan, Mr.N Kumar, Mr.Rahul Mammen Mappillai, Mr.Ranjit I Jesudasen, Mr.V Sridhar, Mr.Vijay R Kirloskar.
Company has SCA & Associates as its auditors.
As on 30-09-2017, the company has a total of 4,241,143 shares outstanding.
The current market price of MRF is Rs 71,300.
Time period given by the analyst is intraday when MRF price can reach defined target.
Manas Jaiswal recommended to keep a stop loss at Rs 69,500.
MRF, incorporated in the year 1960, is a Large Cap company (having a market cap of Rs 29,981.28 Crore) operating in Tyres sector.
The company’s top management includes Dr.Cibi Mammen, Dr.K C Mammen, Dr.Salim Joseph Thomas, Mr.Ambika Mammen, Mr.Arun Mammen, Mr.Ashok Jacob, Mr.Jacob Kurian, Mr.K M Mammen, Mr.Meyyappan, Mr.N Kumar, Mr.Rahul Mammen Mappillai, Mr.Ranjit I Jesudasen, Mr.V Sridhar, Mr.Vijay R Kirloskar.
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Company has SCA & Associates as its auditors.
As on 30-09-2017, the company has a total of 4,241,143 shares outstanding.
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