Buy Raymond, target Rs 1,150: Shrikant Chouhan
Buy Raymond at a price target of Rs 1,150 and a stop loss at Rs 1,060 from entry point.
By ETMarkets.com |
Shrikant Chouhan of Kotak Securities Limited has a buy call on Raymond with a target price of Rs 1,150.
The current market price of Raymond is Rs 1,107.80.
Time period given by the analyst is 'Intra Day' when Raymond price can reach defined target.
Shrikant Chouhan recommended to keep a stop loss at Rs 1,060.
Raymond, incorporated in the year 1925, is a Mid Cap company (having a market cap of Rs 6,799.77 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.
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 1,107.80.
Time period given by the analyst is 'Intra Day' when Raymond price can reach defined target.
Shrikant Chouhan recommended to keep a stop loss at Rs 1,060.
Raymond, incorporated in the year 1925, is a Mid Cap company (having a market cap of Rs 6,799.77 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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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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