Buy Reliance Infrastructure, target Rs 505: Dharmesh Shah
Buy Reliance Infrastructure at a price target of Rs 505 and a stop loss at Rs 448 from entry point.
By ETMarkets.com |
Dharmesh Shah of ICICI Direct has a buy call on Reliance Infrastructure with a target price of Rs 505.
The current market price of Reliance Infrastructure is Rs 468.20.
Time period given by the analyst is intraday when Reliance Infrastructure price can reach defined target.
Dharmesh Shah recommended to keep a stop loss at Rs 448.
Reliance Infrastructure, incorporated in the year 1929, is a Mid Cap company (having a market cap of Rs 12,313.19 Crore) operating in Power sector.
The company’s top management includes Dr.V K Chaturvedi, Mr.Anil Dhirubhai Ambani, Mr.K Ravikumar, Mr.S S Kohli, Mr.S Seth, Mr.Shiv Prabhat, Mr.V R Galkar, Ms.Ryna Karani.
Company has Pathak H D & Associates as its auditors.
As on 30-09-2017, the company has a total of 262,990,000 shares outstanding.
The current market price of Reliance Infrastructure is Rs 468.20.
Time period given by the analyst is intraday when Reliance Infrastructure price can reach defined target.
Dharmesh Shah recommended to keep a stop loss at Rs 448.
Reliance Infrastructure, incorporated in the year 1929, is a Mid Cap company (having a market cap of Rs 12,313.19 Crore) operating in Power sector.
The company’s top management includes Dr.V K Chaturvedi, Mr.Anil Dhirubhai Ambani, Mr.K Ravikumar, Mr.S S Kohli, Mr.S Seth, Mr.Shiv Prabhat, Mr.V R Galkar, Ms.Ryna Karani.
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Company has Pathak H D & Associates as its auditors.
As on 30-09-2017, the company has a total of 262,990,000 shares outstanding.
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