Sell Grasim Industries, target Rs 1,070: Dr CK Narayan

Sell Grasim Industries Ltd. at a price target of Rs 1070.0 and a stop loss at Rs 1115 from entry point.

Dr CK Narayan of Chart Advise has a sell call on Grasim Industries with a target price of Rs 1,070.

The current market price of Grasim Industries is Rs 1,098.75.

Time period given by the analyst is 'Intra Day' when Grasim Industries price can reach defined target.

Dr CK Narayan recommended to keep a stop loss at Rs 1,115.

Grasim Industries, incorporated in the year 1947, is a Large Cap company (having a market cap of Rs 72,224.52 Crore) operating in Miscellaneous sector.

The company’s top management includes Dr.Thomas M Connelly Jr, Mr.Arun Kannan Thiagarajan, Mr.B V Bhargava, Mr.Cyril Shroff, Mr.Dilip Gaur, Mr.Kumar Mangalam Birla, Mr.M L Apte, Mr.N Mohan Raj, Mr.O P Rungta, Mr.Shailendra K Jain, Mr.Sushil Agarwal, Mrs.Rajashree Birla.
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Company has G P Kapadia Co. as its auditors.

As on 31-12-2017, the company has a total of 657,333,545 shares outstanding.
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