Sell Cipla, target Rs 625: Jay Thakkar
Sell Cipla Ltd. at a price target of Rs 625 and a stop loss at Rs 651 from the entry point.
By ETMarkets.com |
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Jay Thakkar of Anand Rathi has a sell call on Cipla with a target price of Rs 625.
The current market price of Cipla is Rs 637.80.
Time period given by the analyst is 'Intra Day' when Cipla price can reach the defined target.
Jay Thakkar recommended keeping a stop loss at Rs 651.
Cipla, incorporated in the year 1935, is a Large Cap company (having a market cap of Rs 51,357.43 Crore) operating in Pharmaceuticals and health care sector.
The company’s top management includes Dr.Peter Mugyenyi, Dr.Y K Hamied, Mr.Adil Zainulbhai, Mr.Ashok Sinha, Mr.M K Hamied, Mr.Peter Lankau, Mr.S Radhakrishnan, Mr.Umang Vohra, Ms.Ireena Vittal, Ms.Naina Lal Kidwai, Ms.Punita Lal, Ms.Samina Vaziralli.
The company has Walker Chandiok & Co. LLP as its auditors.
As on 30-06-2018, the company has a total of 805,191,188 shares outstanding.
The current market price of Cipla is Rs 637.80.
Time period given by the analyst is 'Intra Day' when Cipla price can reach the defined target.
Jay Thakkar recommended keeping a stop loss at Rs 651.
Cipla, incorporated in the year 1935, is a Large Cap company (having a market cap of Rs 51,357.43 Crore) operating in Pharmaceuticals and health care sector.
The company’s top management includes Dr.Peter Mugyenyi, Dr.Y K Hamied, Mr.Adil Zainulbhai, Mr.Ashok Sinha, Mr.M K Hamied, Mr.Peter Lankau, Mr.S Radhakrishnan, Mr.Umang Vohra, Ms.Ireena Vittal, Ms.Naina Lal Kidwai, Ms.Punita Lal, Ms.Samina Vaziralli.
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The company has Walker Chandiok & Co. LLP as its auditors.
As on 30-06-2018, the company has a total of 805,191,188 shares outstanding.
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