Buy Tata Chemicals, target Rs 760: Jay Thakkar

Jay Thakkar of Anand Rathi has a buy call on Tata Chemicals with a target price of Rs 760.

The current market price of Tata Chemicals is Rs 731.95.

Time period given by the analyst is intraday when Tata Chemicals price can reach defined target.

Jay Thakkar recommended to keep a stop loss at Rs 717.

Tata Chemicals, incorporated in the year 1939, is a Large Cap company (having a market cap of Rs 18,646.89 Crore) operating in Chemicals sector.

The company’s top management includes Dr.Y S P Thorat, Mr.Bhaskar Bhat, Mr.Nasser Munjee, Mr.R Mukundan, Mr.Ratan N Tata, Mr.S Padmanabhan, Ms.Vibha Paul Rishi.

Company has Deloitte Haskins & Sells LLP as its auditors.

As on 30-09-2017, the company has a total of 254,756,278 shares outstanding.