Sell Raymond, target Rs 855: Kunal Bothra
Sell Raymond Ltd. at a price target of Rs 855.0 and a stop loss at Rs 908 from entry point.
By ETMarkets.com |
Independent analyst Kunal Bothra has a sell call on Raymond with a target price of Rs 855.
The current market price of Raymond is Rs 890.50.
Time period given by the analyst is 'Intra Day' when Raymond price can reach defined target.
Kunal Bothra recommended to keep a stop loss at Rs 908.
Raymond, incorporated in the year 1925, is a Mid Cap company (having a market cap of Rs 5,465.97 Crore) operating in Textiles sector.
The company’s top management includes Mr.Akshaykumar Chudasama, Mr.Boman Irani, Mr.Gautam Hari Singhania, Mr.H Sunder, Mr.I D Agarwal, Mr.Nabankur Gupta, Mr.Pradeep Guha, Mrs.Nawaz Gautam Singhania.
Company has Dalal & Shah LLP as its auditors.
As on 31-12-2017, the company has a total of 61,380,854 shares outstanding.
The current market price of Raymond is Rs 890.50.
Time period given by the analyst is 'Intra Day' when Raymond price can reach defined target.
Kunal Bothra recommended to keep a stop loss at Rs 908.
Raymond, incorporated in the year 1925, is a Mid Cap company (having a market cap of Rs 5,465.97 Crore) operating in Textiles sector.
The company’s top management includes Mr.Akshaykumar Chudasama, Mr.Boman Irani, Mr.Gautam Hari Singhania, Mr.H Sunder, Mr.I D Agarwal, Mr.Nabankur Gupta, Mr.Pradeep Guha, Mrs.Nawaz Gautam Singhania.
ADVERTISEMENT
Company has Dalal & Shah LLP as its auditors.
As on 31-12-2017, the company has a total of 61,380,854 shares outstanding.
Too busy to trade in stocks? Invest in Mutual Funds with ET Money!
Bookmark or read stories offline -
Download ET Markets APP
Download ET Markets APP
ADVERTISEMENT
