Sell Asian Paints, target Rs 1,130: Sarvendra Srivastava
Sell Asian Paints at a price target of Rs 1,130 and a stop loss at Rs 1,181 from entry point.
By ETMarkets.com |
Sarvendra Srivastava of Phisense.com has a sell call on Asian Paints with a target price of Rs 1,130.
The current market price of Asian Paints is Rs 1,161.
Time period given by the analyst is intraday when Asian Paints price can reach defined target.
Sarvendra Srivastava recommended to keep a stop loss at Rs 1,181.
Asian Paints, incorporated in the year 1945, is a Large Cap company (having a market cap of Rs 113204.52 Crore) operating in Paints and Pigments sector.
The company’s top management includes Dr.S Sivaram, Mr.Abhay Vakil, Mr.Ashwin Choksi, Mr.Ashwin Dani, Mr.Deepak Satwalekar, Mr.K B S Anand, Mr.M K Sharma, Mr.Mahendra Choksi, Mr.Mahendra Shah, Mr.Malav Dani, Mr.R Seshasayee, Mr.S Ramadorai, Mrs.Vibha Paul Rishi, Ms.Amrita Vakil.
Company has BSR & Co. LLP as its auditors.
As on 31-03-2017, the company has a total of 959,197,790 shares outstanding.
The current market price of Asian Paints is Rs 1,161.
Time period given by the analyst is intraday when Asian Paints price can reach defined target.
Sarvendra Srivastava recommended to keep a stop loss at Rs 1,181.
Asian Paints, incorporated in the year 1945, is a Large Cap company (having a market cap of Rs 113204.52 Crore) operating in Paints and Pigments sector.
The company’s top management includes Dr.S Sivaram, Mr.Abhay Vakil, Mr.Ashwin Choksi, Mr.Ashwin Dani, Mr.Deepak Satwalekar, Mr.K B S Anand, Mr.M K Sharma, Mr.Mahendra Choksi, Mr.Mahendra Shah, Mr.Malav Dani, Mr.R Seshasayee, Mr.S Ramadorai, Mrs.Vibha Paul Rishi, Ms.Amrita Vakil.
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Company has BSR & Co. LLP as its auditors.
As on 31-03-2017, the company has a total of 959,197,790 shares outstanding.
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