Buy Reliance Industries, target Rs 970: Manas Jaiswal

Manas Jaiswal of manasjaiswal.com has a buy call on Reliance Industries with a target price of Rs 970.

The current market price of Reliance Industries is Rs 949.95.

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

Manas Jaiswal recommended to keep a stop loss at Rs 940.

Reliance Industries, incorporated in the year 1973, is a Large Cap company (having a market cap of Rs 5,93,575.95 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.