Buy Wockhardt, target Rs 795: Shrikant Chouhan

Buy Wockhardt Ltd. at a price target of Rs 795.0 and a stop loss at Rs 750 from entry point.

Shrikant Chouhan of Kotak Securities has a buy call on Wockhardt with a target price of Rs 795.

The current market price of Wockhardt is Rs 764.

Time period given by the analyst is 'Intra Day' when Wockhardt price can reach defined target.

Shrikant Chouhan recommended to keep a stop loss at Rs 750.

Wockhardt, incorporated in the year 1999, is a Mid Cap company (having a market cap of Rs 8,449.60 Crore) operating in Pharmaceuticals and health care sector.

The company’s top management includes Dr.Habil Khorakiwala, Dr.Huzaifa Khorakiwala, Dr.Murtaza Khorakiwala, Dr.Sanjaya Baru, Mr.Aman Mehta, Mr.Baldev Raj Arora, Mr.D S Brar, Mr.Shekhar Datta, Mr.Vinesh Kumar Jairath, Mrs.Tasneem Mehta, Ms.Zahabiya Khorakiwala.
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Company has Haribhakti & Co. LLP as its auditors.

As on 31-12-2017, the company has a total of 110,596,828 shares outstanding.
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