Buy Tata Sponge Iron, target Rs 1,050: Kunal Bothra
Buy Tata Sponge Iron at a price target of Rs 1,050 and a stop loss at Rs 900 from entry point.
By ETMarkets.com |
Independent analyst Kunal Bothra has a buy call on Tata Sponge Iron with a target price of Rs 1,050.
The current market price of Tata Sponge Iron is Rs 968.35.
Time period given by the analyst is intraday when Tata Sponge Iron price can reach defined target.
Kunal Bothra recommended to keep a stop loss at Rs 900.
Tata Sponge Iron, incorporated in the year 1982, is a Small Cap company (having a market cap of Rs 1,452.30 Crore) operating in Iron and Steel sector.
The company’s top management includes Dr.O N Mohanty, Mr.A M Misra, Mr.D K Banerjee, Mr.Krishnava S Dutt, Mr.Manoj Thomas, Mr.P C Parakh, Mr.R Ranganath, Mr.Sanjay Kumar Pattnaik, Mrs.Meena Lall.
Company has Price Waterhouse & Co LLP as its auditors.
As on 30-09-2017, the company has a total of 15,400,000 shares outstanding.
The current market price of Tata Sponge Iron is Rs 968.35.
Time period given by the analyst is intraday when Tata Sponge Iron price can reach defined target.
Kunal Bothra recommended to keep a stop loss at Rs 900.
Tata Sponge Iron, incorporated in the year 1982, is a Small Cap company (having a market cap of Rs 1,452.30 Crore) operating in Iron and Steel sector.
The company’s top management includes Dr.O N Mohanty, Mr.A M Misra, Mr.D K Banerjee, Mr.Krishnava S Dutt, Mr.Manoj Thomas, Mr.P C Parakh, Mr.R Ranganath, Mr.Sanjay Kumar Pattnaik, Mrs.Meena Lall.
ADVERTISEMENT
Company has Price Waterhouse & Co LLP as its auditors.
As on 30-09-2017, the company has a total of 15,400,000 shares outstanding.
Too busy to trade in stocks? Invest in Mutual Funds with ET Money!
Bookmark or read stories offline -
Download ET Markets APP
Download ET Markets APP
ADVERTISEMENT
