Buy V-Guard Industries, target Rs 237: Dr CK Narayan

Buy V-Guard Industries at a price target of Rs 237 and a stop loss at Rs 222 from entry point.

Dr CK Narayan of Chart Advise has a buy call on V-Guard Industries with a target price of Rs 237.

The current market price of V-Guard Industries is Rs 229.05.

Time period given by the analyst is intraday when V-Guard Industries price can reach defined target.

Dr CK Narayan recommended to keep a stop loss at Rs 222.

V-Guard Industries, incorporated in the year 1996, is a Mid Cap company (having a market cap of Rs 9,726.71 Crore) operating in Electric Equipment sector.

The company’s top management includes Mr.A K Nair, Mr.C J George, Mr.Cherian N Punnoose, Mr.Kochouseph Chittilappilly, Mr.Mithun K Chittilappilly, Mr.Ramachandran Venkataraman, Mr.Ullas K Kamath, Mrs.Joshna Johnson Thomas.
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Company has S R Batliboi & Associates LLP as its auditors.

As on 30-09-2017, the company has a total of 424,654,461 shares outstanding.
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