Sell Indo Count Industries, target Rs 108.80: ICICI Direct

Sell Indo Count Industries Ltd. at a price target of Rs 108.8 and a stop loss at Rs 112.5 from entry point.

ICICI Direct has a sell call on Indo Count Industries with a target price of Rs 108.80.

The current market price of Indo Count Industries is Rs 109.65.

Time period given by the analyst is intraday when Indo Count Industries price can reach defined target.

ICICI Direct recommended to keep stoploss at Rs 112.50.

Indo Count Industries, incorporated in the year 1988, is a Mid Cap company (having a market cap of Rs 2,173.37 Crore) operating in Textiles sector.

The company’s top management includes Dr.(Mrs.)Vaijayanti Pandit, Mr.Anil Kumar Jain, Mr.Dilip J Thakkar, Mr.Kamal Mitra, Mr.Mohit Jain, Mr.P N Shah, Mr.Prem Malik, Mr.R Anand.
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Company has Suresh Kumar Mittal & Co. as its auditors.

As on 30-09-2017, the company has a total of 197,399,670 shares outstanding.
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