Buy Raymond, target Rs 1,085: Dharmesh Shah
Buy Raymond Ltd. at a price target of Rs 1085.0 and a stop loss at Rs 985 from entry point.
By ETMarkets.com |
Dharmesh Shah of ICICI Direct has a buy call on Raymond with a target price of Rs 1,085.
The current market price of Raymond is Rs 1,017.25.
Time period given by the analyst is intraday when Raymond price can reach defined target.
Dharmesh Shah recommended to keep stop loss at Rs 985.
Raymond, incorporated in the year 1925, is a Mid Cap company (having a market cap of Rs 6,243.97 Crore) operating in Textiles sector.
The company’s top management includes Dr.Vijaypat Singhania, 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.
Company has Dalal & Shah LLP as its auditors.
As on 30-09-2017, the company has a total of 61,380,854 shares outstanding.
The current market price of Raymond is Rs 1,017.25.
Time period given by the analyst is intraday when Raymond price can reach defined target.
Dharmesh Shah recommended to keep stop loss at Rs 985.
Raymond, incorporated in the year 1925, is a Mid Cap company (having a market cap of Rs 6,243.97 Crore) operating in Textiles sector.
The company’s top management includes Dr.Vijaypat Singhania, 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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Company has Dalal & Shah LLP as its auditors.
As on 30-09-2017, the company has a total of 61,380,854 shares outstanding.
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