Buy SRF, target Rs 1,793: Manas Jaiswal
Buy SRF at a price target of Rs 1,793 and a stop loss at Rs 1,665 from entry point.
The current market price of SRF is Rs 1,708.60.
Time period given by the analyst is intraday when SRF price can reach defined target.
Manas Jaiswal recommended to keep a stop loss at Rs 1,665.
SRF, incorporated in the year 1970, is a Mid Cap company (having a market cap of Rs 9,810.87 Crore) operating in Textiles sector.
The company’s top management includes Dr.Meenakshi Gopinath, Mr.Arun Bharat Ram, Mr.Ashish Bharat Ram, Mr.Kartik Bharat Ram, Mr.Lakshman Lakshminarayan, Mr.Pramod Bhasin, Mr.Pramod G Gujarathi, Mr.Tejpreet S Chopra, Mr.Vellayan Subbiah, Mr.Vinayak Chatterjee.
Company has Deloitte Haskins & Sells as its auditors.
As on 30-09-2017, the company has a total of 57,420,500 shares outstanding.
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