Buy Siemens, target Rs 1,300: Kunal Bothra
Buy Siemens at a price target of Rs 1,300 and a stop loss at Rs 1,236 from entry point.
The current market price of Siemens is Rs 1,258.25.
Time period given by the analyst is intraday when Siemens price can reach defined target.
Kunal Bothra recommended to keep a stop loss at Rs 1,236.
Siemens, incorporated in the year 1957, is a Large Cap company (having a market cap of Rs 44,028.93 Crore) operating in Engineering sector.
The company’s top management includes Dr.Roland Busch, Mr.Cedrik Neike, Mr.Christian Rummel, Mr.Darius C Shroff, Mr.Deepak S Parekh, Mr.Joe Kaeser, Mr.Johannes Apitzsch, Mr.Keki B Dadiseth, Mr.Sunil Mathur, Mr.Yezdi H Malegam, Ms.Mariel von Schumann.
Company has SRBC & Co LLP as its auditors.
As on 31-03-2017, the company has a total of 356,120,255 shares outstanding.
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