Buy Wockhardt, target Rs 825: Kunal Bothra

Buy Wockhardt at a price target of Rs 825.0 and a stop loss at Rs 725 from entry point.

Independent analyst Kunal Bothra has a buy call on Wockhardt with a target price of Rs 825.

The current market price of Wockhardt is Rs 760.55.

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

Kunal Bothra recommended to keep a stop loss at Rs 725.

Wockhardt, incorporated in the year 1999, is a Mid Cap company (having a market cap of Rs 8411.44 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 30-09-2017, the company has a total of 110,563,228 shares outstanding.
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