Buy Sadbhav Engineering, target Rs 379: Pritesh Mehta

Buy Sadbhav Engineering at a price target of Rs 379 and a stop loss at Rs 342 from entry point.

Pritesh Mehta of IIFL has a buy call on Sadbhav Engineering with a target price of Rs 379.

The current market price of Sadbhav Engineering is Rs 354.15.

Time period given by the analyst is intraday when Sadbhav Engineering price can reach defined target.

Pritesh Mehta recommended to keep a stop loss at Rs 342.

Sadbhav Engineering, incorporated in the year 1988, is a Mid Cap company (having a market cap of Rs 6,076.18 Crore) operating in Construction sector.

The company’s top management includes Mr.Arun S Patel, Mr.Atul N Ruparel, Mr.Mirat N Bhadlawala, Mr.Nitin R Patel, Mr.Sandip V Patel, Mr.Shashin V Patel, Mr.Vasistha C Patel, Mr.Vikram R Patel, Mr.Vipul H Patel, Mr.Vishnubhai M Patel, Mrs.Purvi S Parikh.
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Company has Dhirubhai Shah & Doshi as its auditors.

As on 30-09-2017, the company has a total of 171,570,800 shares outstanding.
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