Buy PTC India, target Rs 129: Manas Jaiswal

Buy PTC India at a price target of Rs 129 and a stop loss at Rs 120 from entry point.

Manas Jaiswal of manasjaiswal.com has a buy call on PTC India with a target price of Rs 129.

The current market price of PTC India is Rs 123.45.

Time period given by the analyst is intraday when PTC India price can reach defined target.

Manas Jaiswal recommended to keep a stop loss at Rs 120.

PTC India, incorporated in the year 1999, is a Mid Cap company (having a market cap of Rs 3,523.98 Crore) operating in Power sector.

The company’s top management includes Dr.Rajib Kumar Mishra, Mr.Ajit Kumar, Mr.Anil Razdan, Mr.Arun Kumar, Mr.Arun Kumar Verma, Mr.C Gangopadhyay, Mr.Deepak Amitabh, Mr.Dhirendra Swarup, Mr.H L Bajaj, Mr.Jayant Gokhale, Mr.K Biswal, Mr.K S Nagnyal, Mr.Mahesh Kumar Mittal, Mr.Rakesh Kacker, Mr.Ravi P Singh.
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Company has K G Somani & Co. as its auditors.

As on 30-09-2017, the company has a total of 296,008,321 shares outstanding.
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