Buy PC Jeweller, target Rs 440: Chandan Taparia

Buy PC Jeweller at a price target of Rs 440 and a stop loss at Rs 405 from entry point.

Chandan Taparia of Motilal Oswal Securities has a buy call on PC Jeweller with a target price of Rs 440.

The current market price of PC Jeweller is Rs 416.35.

Time period given by the analyst is intraday when PC Jeweller price can reach defined target.

Chandan Taparia recommended to keep a stop loss at Rs 405.

PC Jeweller, incorporated in the year 2005, is a Large Cap company (having a market cap of Rs 16,418.98 Crore) operating in Gems and Jewellery sector.

The company’s top management includes Dr.Manohar Lal Singla, Mr.Balram Garg, Mr.Krishan Kumar Khurana, Mr.Miyar Ramanath Nayak, Mr.Muneesh Chawla, Mr.Padam Chand Gupta, Mr.Ramesh Kumar Sharma, Mr.Suresh Kumar Jain.
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Company has Walker Chandiok & Co. LLP as its auditors.

As on 30-09-2017, the company has a total of 394,355,200 shares outstanding.
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