Buy Saregama India, target Rs 718: Mandar Jamsandekar

Buy Saregama India Ltd. at a price target of Rs 718.0 and a stop loss at Rs 692 from entry point.

Mandar Jamsandekar of Precision Technicals has a buy call on Saregama India with a target price of Rs 718.

The current market price of Saregama India is Rs 701.50.

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

Mandar Jamsandekar recommended to keep a stop loss at Rs 692.

Saregama India, incorporated in the year 1946, is a Small Cap company (having a market cap of Rs 1,177.82 Crore) operating in Service sector.

The company’s top management includes Mr.Arindam Sarkar, Mr.Bhaskar Raychaudhuri, Mr.Ghanashyam Bhagwan Aayeer, Mr.Noshir Naval Framjee, Mr.Sanjiv Goenka, Mr.Santanu Bhattacharya, Mr.Umang Kanoria, Mr.Vikram Mehra, Mrs.Preeti Goenka, Mrs.Sushila Goenka.
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Company has BSR & Co. LLP as its auditors.

As on 31-12-2017, the company has a total of 17,410,492 shares outstanding.
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