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Buy Hindustan Construction Company, target Rs 36.50: Manas Jaiswal

ETMarkets.com|
Oct 13, 2017, 12.57 PM IST
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Manas Jaiswal of manasjaiswal.com has a buy call on Hindustan Construction Company with a target price of Rs 36.50.

The current market price of Hindustan Construction Company is Rs 34.15.

Time period given by the analyst is intraday when Hindustan Construction Company price can reach defined target.

Manas Jaiswal recommended to keep a stop loss at Rs 33.50.

Hindustan Construction Company, incorporated in the year 1926, is a Mid Cap company (having a market cap of Rs 3,371.34 Crore) operating in Construction sector.

Hindustan Construction Company key Products/Revenue Segments include Contract Revenue which contributed Rs 3,699.52 Crore to Sales Value (88.16 per cent of Total Sales), Other Operating Revenue which contributed Rs 479.10 Crore to Sales Value (11.41 per cent of Total Sales) and Sale of Products which contributed Rs 17.32 Crore to Sales Value (0.41 per cent of Total Sales)for the year ending 31-Mar-2017.

The company's top management includes Dr.Omkar Goswami, Mr.Ajit Gulabchand, Mr.Anil C Singhvi, Mr.Arjun Dhawan, Mr.N R Acharyulu, Mr.Rajas R Doshi, Mr.Ram P Gandhi, Mr.Sharad M Kulkarni, Ms.Harsha Bangari, Ms.Shalaka Gulabchand Dhawan.

Company has Walker, Chandiok & Co.LLP as its auditors.

As on 30-09-2017, the company has a total of 1,015,462,926 shares outstanding.
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Disclaimer: This recommendation is analyst's own and does not represent those of economictimes.com & ETMarkets.com. Please consult your financial advisor before taking any position in the stock/s mentioned.

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