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.
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.
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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