Sell NMDC, target Rs 119: Pritesh Mehta
Sell NMDC at a price target of Rs 119 and a stop loss at Rs 132 from the entry point.
By ETMarkets.com |
Pritesh Mehta of IIFL has a sell call on NMDC with a target price of Rs 119.
The current market price of NMDC is Rs 127.25.
Time period given by the analyst is intraday when NMDC price can reach defined target.
Pritesh Mehta recommended to keep a stop loss at Rs 132.
NMDC Ltd., incorporated in the year 1958, is a Large Cap company (having a market cap of Rs 41,162.22 Crore) operating in Mining sector.
The company’s top management includes CA.A K Srivastava, Dr.Narendra K Nanda, Dr.Syamal Kumar Sarkar, Dr.T R K Rao, Mr.D S Ahluwalia, Mr.P K Satpathy, Mr.Pradip Bhargava, Mr.R Sridharan, Mr.Rajesh Mangal, Mr.S M Nigam, Mr.Sandeep Tula, Mr.Saraswati Prasad, Mr.Syedain Abbasi, Mrs.Bhagwati Mahesh Baldewa.
Company has Tej Raj & Pal as its auditors.
As on 30-09-2017, the company has a total of 3,163,890,474 shares outstanding.
The current market price of NMDC is Rs 127.25.
Time period given by the analyst is intraday when NMDC price can reach defined target.
Pritesh Mehta recommended to keep a stop loss at Rs 132.
NMDC Ltd., incorporated in the year 1958, is a Large Cap company (having a market cap of Rs 41,162.22 Crore) operating in Mining sector.
The company’s top management includes CA.A K Srivastava, Dr.Narendra K Nanda, Dr.Syamal Kumar Sarkar, Dr.T R K Rao, Mr.D S Ahluwalia, Mr.P K Satpathy, Mr.Pradip Bhargava, Mr.R Sridharan, Mr.Rajesh Mangal, Mr.S M Nigam, Mr.Sandeep Tula, Mr.Saraswati Prasad, Mr.Syedain Abbasi, Mrs.Bhagwati Mahesh Baldewa.
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Company has Tej Raj & Pal as its auditors.
As on 30-09-2017, the company has a total of 3,163,890,474 shares outstanding.
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