Buy Subros, target Rs 318: HDFC Securities

HDFC Securities has a buy call on Subros with a target price of Rs 318.

The current market price of Subros is Rs 275.20.

Time period given by analyst is a year when Subros price can reach defined target.

Subros, incorporated in the year 1985, is a Small Cap company (having a market cap of Rs 1,650.89 Crore) operating in Auto Ancillaries sector.

The company’s top management includes Dr.Jyotsna Suri, Mr.G N Mehra, Mr.K Ayukawa, Mr.K R Ramamoorthy, Mr.Keiichi Yamuchi, Mr.M A Pathan, Mr.Ramesh Suri, Mr.Shailendra Swarup, Mr.Yasuhiro lida, Mrs.Meena Sethi, Ms.Shradha Suri.

Company has Price Waterhouse LLP as its auditors.

As on 30-09-2017, the company has a total of 59,988,600 shares outstanding.