Sell Vedanta, target Rs 270: Manas Jaiswal

Manas Jaiswal of manasjaiswal.com has a sell call on Vedanta with a target price of Rs 270.

The current market price of Vedanta is Rs 283.95.

Time period given by the analyst is intraday when Vedanta price can reach defined target.

Manas Jaiswal recommended to keep a stop loss at Rs 290.

Vedanta, incorporated in the year 1965, is a Large Cap company (having a market cap of Rs 105549.73 Crore) operating in Mining sector.

The company’s top management includes Mr.Aman Mehta, Mr.Anil Agarwal, Mr.G R Arun Kumar, Mr.K Venkataramanan, Mr.Navin Agarwal, Mr.Ravi Kant, Mr.Tarun Jain, Ms.Lalita Gupte, Ms.Priya Agarwal.

Company has S R Batliboi & Co. LLP as its auditors.

As on 30-09-2017, the company has a total of 3,717,194,239 shares outstanding.