Buy Praj Industries, target Rs 150: Kunal Bothra

Buy Praj Industries Ltd. at a price target of Rs 150.0 and a stop loss at Rs 105 from entry point.

Independent analyst Kunal Bothra has a buy call on Praj Industries with a target price of Rs 150.

The current market price of Praj Industries is Rs 119.75.

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

Kunal Bothra recommended to keep a stop loss at Rs 105.

Praj Industries, incorporated in the year 1985, is a Mid Cap company (having a market cap of Rs 2,247.70 Crore) operating in Engineering sector.

The company’s top management includes Mr.Berjis Desai, Mr.Daljit Mirchandani, Mr.Mrunalini Joshi, Mr.Pramod Chaudhari, Mr.Rajiv Maliwal, Mr.Sachin Raole, Mr.Sivaramakrishnan Iyer, Ms.Parimal Chaudhari.
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Company has P G Bhagwat as its auditors.

As on 30-09-2017, the company has a total of 179,848,743 shares outstanding.
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