Buy Piramal Enterprises, target Rs 3,030: Kunal Bothra

Independent analyst Kunal Bothra has a buy call on Piramal Enterprises with a target price of Rs 3,030.

The current market price of Piramal Enterprises is Rs 2,907.10.

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

Kunal Bothra recommended to keep a stop loss at Rs 2,870.

Piramal Enterprises, incorporated in the year 1947, is a Large Cap company (having a market cap of Rs 50,165.82 Crore) operating in Pharmaceuticals and health care sector.

The company’s top management includes Dr.Raghunath Mashelkar, Dr.(Mrs.)Swati Piramal, Mr.Ajay Piramal, Mr.Anand Piramal, Mr.Deepak M Satwalekar, Mr.Gautam Banerjee, Mr.Keki Dadiseth, Mr.Narayanan Vaghul, Mr.S Ramadorai, Mr.Siddharth (Bobby) Mehta, Mr.Vijay Shah, Ms.Nandini Piramal, Prof.Goverdhan Mehta.

Company has Price Waterhouse as its auditors.

As on 30-09-2017, the company has a total of 172,563,100 shares outstanding.