Sell Equitas Holdings, target Rs 157: Dr CK Narayan

Dr CK Narayan of Chart Advise has a sell call on Equitas Holdings Ltd. with a target price of Rs 157.0 .The current market price of Equitas Holdings Ltd. is Rs 162.9 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 166.

Equitas Holdings Ltd., incorporated in the year 2007, is a midcap company with a market cap of ₹ 5502.99 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.

The company’s CEO is Mr.S Bhaskar. It's Board of Directors include Ms.Sridevi Surender, Dr.Parthasarathi Shome, Mr.Arun Ramanathan, Mr.Manish Rai, Mr.N Rangachary, Mr.N Srinivasan, Mr.P N Vasudevan, Mr.P T Kuppuswamy, Mr.P V Rajaraman, Mr.S Bhaskar, Mr.S Vasudevan, Mr.Vinod Kumar Sharma, Mr.Y C Nanda, Ms.Jayshree Ashwinkumar Vyas, Ms.Sridevi Surender. 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 Deloitte Haskins & Sells as its auditors. As on 31-03-2017, the company has a total of 337,813,746 shares outstanding.