Buy Raymond, target Rs 1,000: Kunal Bothra
Buy Raymond Ltd. at a price target of Rs 1000.0 and a stop loss at Rs 935 from entry point.
By ETMarkets.com |
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Independent analyst Kunal Bothra has a buy call on Raymond with a target price of Rs 1,000.
The current market price of Raymond is Rs 965.35.
Time period given by the analyst is Intra Day when Raymond price can reach defined target.
Kunal Bothra recommended keeping a stop loss at Rs 935.
Raymond, incorporated in the year 1925, is a Mid Cap company (having a market cap of Rs 5,718.85 Crore) operating in Textiles sector.
The company’s top management includes Mr.Akshaykumar Chudasama, Mr.Boman Irani, Mr.Gautam Hari Singhania, Mr.H Sunder, Mr.I D Agarwal, Mr.Nabankur Gupta, Mr.Pradeep Guha, Mrs.Nawaz Gautam Singhania.
The company has Dalal & Shah LLP as its auditors.
As on 31-12-2017, the company has a total of 61,380,854 shares outstanding.
The current market price of Raymond is Rs 965.35.
Time period given by the analyst is Intra Day when Raymond price can reach defined target.
Kunal Bothra recommended keeping a stop loss at Rs 935.
Raymond, incorporated in the year 1925, is a Mid Cap company (having a market cap of Rs 5,718.85 Crore) operating in Textiles sector.
The company’s top management includes Mr.Akshaykumar Chudasama, Mr.Boman Irani, Mr.Gautam Hari Singhania, Mr.H Sunder, Mr.I D Agarwal, Mr.Nabankur Gupta, Mr.Pradeep Guha, Mrs.Nawaz Gautam Singhania.
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The company has Dalal & Shah LLP as its auditors.
As on 31-12-2017, the company has a total of 61,380,854 shares outstanding.
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