Sell ACC, target Rs 1680: Kunal Bothra
Sell ACC at a price target of Rs 1,680 and a stop loss at Rs 1,800 from entry point.
The current market price of ACC is Rs 1,760.60.
Time period given by the analyst is intraday when ACC price can reach defined target.
Kunal Bothra recommended to keep a stop loss at Rs 1,800.
ACC, incorporated in the year 1936, is a Large Cap company (having a market cap of Rs 33,061.83 Crore) operating in Cement sector.
The company’s top management includes Mr.Arunkumar R Gandhi, Mr.Ashwin Dani, Mr.Christof Hassig, Mr.Eric Olsen, Mr.Farrokh K Kavarana, Mr.Martin Kriegner, Mr.N S Sekhsaria, Mr.Neeraj Akhoury, Mr.Shailesh Haribhakti, Mr.Sushil Kumar Roongta, Mr.Vijay Kumar Sharma, Mrs.Falguni Nayar.
Company has SRBC & Co LLP as its auditors.
As on 30-09-2017, the company has a total of 187,787,263 shares outstanding.
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