Buy Vedanta, target Rs 345: Pritesh Mehta

Pritesh Mehta of IIFL has a buy call on Vedanta with a target price of Rs 345.

The current market price of Vedanta is Rs 326.15.

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

Pritesh Mehta recommended to keep a stop loss at Rs 319.

Vedanta, incorporated in the year 1965, is a Large Cap company (having a market cap of Rs 1,21,236.29 Crore) operating in Mining sector.

The company’s top management includes Mr.Aman Mehta, Mr.Anil Agarwal, Mr.G R Arun Kumar, Mr.K Venkataramanan, Mr.Navin Agarwal, Mr.Ravi Kant, Mr.Tarun Jain, Ms.Lalita Gupte, Ms.Priya Agarwal.

Company has S R Batliboi & Co. LLP as its auditors.

As on 30-09-2017, the company has a total of 3,717,194,239 shares outstanding.