Buy SRF, target Rs 2,100: Sagar Doshi

Sagar Doshi of Edelweiss Financial Services has a buy call on SRF with a target price of Rs 2,100.

The current market price of SRF is Rs 1,997.60.

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


Sagar Doshi recommended keeping stop loss at Rs 1,960.

SRF, incorporated in the year 1970, is a Mid Cap company (having a market cap of Rs 11,470.32 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.

The Company has Deloitte Haskins & Sells as its auditors.

As on 31-12-2017, the company has a total of 57,420,500 shares outstanding.