Buy Reliance Industries, target Rs 960: Shrikant Chouhan

Shrikant Chouhan of Kotak Securities Limited has a buy call on Reliance Industries with a target price of Rs 960.

The current market price of Reliance Industries is Rs 918.50.

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

Shrikant Chouhan recommended to keep a stop loss at Rs 910.

Reliance Industries, incorporated in the year 1973, is a Large Cap company (having a market cap of Rs 581732.30 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.