Buy Reliance Industries, target Rs 950: Kunal Bothra

Buy Reliance Industries at a price target of Rs 950 and a stop loss at Rs 885 from entry point.

By ETMarkets.com | Nov 17, 2017, 09.34 AM IST

Independent analyst Kunal Bothra has a buy call on Reliance Industries with a target price of Rs 950.

The current market price of Reliance Industries is Rs 918.

Time period given by the analyst is intraday when Reliance Industries price can reach defined target.

Kunal Bothra recommended to keep a stop loss at Rs 885.

Reliance Industries, incorporated in the year 1973, is a Large Cap company (having a market cap of Rs 571481.09 Crore) operating in Miscellaneous sector.

The company’s top management includes Dr.Raghunath A Mashelkar, Dr.Shumeet Banerji, Mr.Adil Zainulbhai, Mr.Hital R Meswani, Mr.Mansingh L Bhakta, Mr.Mukesh D Ambani, Mr.Nikhil R Meswani, Mr.P M S Prasad, Mr.Pawan Kumar Kapil, Mr.Raminder S Gujral, Mr.Yogendra P Trivedi, Mrs.Nita M Ambani, Prof.Ashok Misra, Prof.Dipak C Jain.

Company has Rajendra & Co. as its auditors.

As on 30-09-2017, the company has a total of 6,332,551,296 shares outstanding.

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