Buy Power Finance Corporation, target Rs 155: Pritesh Mehta

Buy Power Finance Corporation at a price target of Rs 155 and a stop loss at Rs 135 from entry point.

Pritesh Mehta of IIFL has a buy call on Power Finance Corporation with a target price of Rs 155.

The current market price of Power Finance Corporation is Rs 141.35.

Time period given by the analyst is intraday when Power Finance Corporation price can reach defined target.

Pritesh Mehta recommended to keep a stop loss at Rs 135.

Power Finance Corporation, incorporated in the year 1986, is a Large Cap company (having a market cap of Rs 37,317.55 Crore) operating in Finance sector.

The company’s top management includes Dr.Arun Kumar Verma, Mr.Chinmoy Gangopadhyay, Mr.D Ravi, Mr.Naveen Bhushan Gupta, Mr.Rajeev Sharma, Mr.Sitaram Pareek.
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Company has M K Aggarwal & Co. as its auditors.

As on 30-09-2017, the company has a total of 2,640,081,408 shares outstanding.
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