Sell Equitas Holdings Ltd, target Rs 153.0 : Dr CK Narayan

Dr CK Narayan of Chart Advise has a sell call on Equitas Holdings Ltd. with a target price of Rs 153. The current market price of Equitas Holdings Ltd. is 158.0 Time period given by analyst is Intra Day when Equitas Holdings Ltd. price can reach defined target. Dr CK Narayan recommended to keep stop loss at Rs 162.0 .

Equitas Holdings Ltd., incorporated in the year 2007, is a midcap company (with a market cap of ₹ 5340.25 crore) operating in Finance sector.

Equitas Holdings Ltd. key Products/Revenue Segments include Interest which contributed ₹ 7.06 Cr to Sales Value (86.15 % of Total Sales) and Income From Sale Of Share & Securities which contributed ₹ 1.14 Cr to Sales Value (13.84 % of Total Sales)for the year ending 31-Mar-2016.

For the quarter ended 31-03-2017, the company has reported a Consolidated sales of ₹ 397.97 Cr., down -2.90% from last quarter Sales of ₹ 409.87 Cr. and up 27.53% from last year same quarter Sales of ₹ 312.07 Cr. Company has reported net profit after tax of ₹ 6.91 Cr. in latest quarter. The company’s CEO is Mr.S Bhaskar. It's Board of Directors include Ms.Sridevi Surender, Mr.Manish Rai, Mr.S Vasudevan, Ms.Sridevi Surender, Mr.Arun Ramanathan, Mr.N Rangachary, Mr.N Srinivasan, Mr.Nagarajan Srinivasan, Mr.P N Vasudevan, Mr.P T Kuppuswamy, Mr.P V Rajaraman, Mr.S Bhaskar, Mr.Vinod Kumar Sharma, Mr.Y C Nanda, Ms.Jayshree Ashwinkumar Vyas. Company has its registered office at No.410A, 4th Floor, Spencer Plaza, Phase II, No. 769, Mount Road, Chennai (Madras), 600002, Tamil Nadu. Company has S R Batliboi & Associates LLP as its auditors. As on 31-03-2017, the company has a total of 337,813,746 shares outstanding.