Buy Veto Switchgears & Cables, target Rs 265: Nirmal Bang Securities

Buy Veto Switchgears & Cables Ltd. at a price target of Rs 265.0 and a stop loss at Rs 247 from entry point.

Nirmal Bang Securities has a buy call on Veto Switchgears & Cables with a target price of Rs 265.

The current market price of Veto Switchgears & Cables is Rs 254.45.

Time period given by the analyst is 'Intra Day' when Veto Switchgears & Cables price can reach defined target.

Nirmal Bang Securities recommended to keep a stop loss at Rs 247.

Veto Switchgears & Cables, incorporated in the year 2007, is a Small Cap company (having a market cap of Rs 459.92 Crore) operating in Cables sector.

The company’s top management includes Dr.Kanwarjeet Singh, Mr.Akshay Kumar Gurnani, Mr.Govind Ram Thawani, Mr.Mohan Sukhani, Mr.Narain Das Gurnani, Ms.Jyoti Gurnani.
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Company has K M Tulsian & Associates as its auditors.

As on 30-09-2017, the company has a total of 18,327,100 shares outstanding.
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