Buy Omaxe, target Rs 245: Jay Thakkar

Buy Omaxe Ltd. at a price target of Rs 245.0 and a stop loss at Rs 225 from entry point.

Jay Thakkar of Anand Rathi has a buy call on Omaxe with a target price of Rs 245.

The current market price of Omaxe is Rs 230.65.

Time period given by the analyst is 'Intra Day' when Omaxe price can reach defined target.

Jay Thakkar recommended to keep a stop loss at Rs 225.

Omaxe, incorporated in the year 1989, is a Mid Cap company (having a market cap of Rs 4,218.60 Crore) operating in Construction sector.

The company’s top management includes Mr.Jai Bhagwan Goel, Mr.K Srinivas, Mr.Rohtas Goel, Mr.Sudhangshu Shekhar Biswal, Mr.Sudip Bandyopadhyay, Mr.Sunil Goel, Ms.Shruti D Sodhi.
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Company has BSD & Co. as its auditors.

As on 31-12-2017, the company has a total of 182,900,540 shares outstanding.
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