Buy Bharat Forge, target Rs 659: Sarvendra Srivastava
ETMarkets.com|
Oct 23, 2017, 12.26 PM IST
Sarvendra Srivastava of Phisense.com has a buy call on Bharat Forge with a target price of Rs 659.
The current market price of Bharat Forge is Rs 635.80.
Time period given by the analyst is intraday when Bharat Forge price can reach defined target.
Sarvendra Srivastava recommended to keep a stop loss at Rs 628.
Bharat Forge, incorporated in the year 1961, is a Large Cap company (having a market cap of Rs 29,287.85 Crore) operating in Engineering sector.
The company's top management includes Dr.T Mukherjee, Mr.Amit B Kalyani, Mr.B N Kalyani, Mr.B P Kalyani, Mr.G K Agarwal, Mr.Kishore Saletore, Mr.Naresh Narad, Mr.P C Bhalerao, Mr.P H Ravikumar, Mr.Pratap G Pawar, Mr.S E Tandale, Mr.S M Thakore, Mr.Vimal Bhandari, Mrs.Lalita D Gupte.
Company has SRBC & Co LLP as its auditors.
As on 30-09-2017, the company has a total of 465,588,632 shares outstanding.
The current market price of Bharat Forge is Rs 635.80.
Time period given by the analyst is intraday when Bharat Forge price can reach defined target.
Sarvendra Srivastava recommended to keep a stop loss at Rs 628.
Bharat Forge, incorporated in the year 1961, is a Large Cap company (having a market cap of Rs 29,287.85 Crore) operating in Engineering sector.
The company's top management includes Dr.T Mukherjee, Mr.Amit B Kalyani, Mr.B N Kalyani, Mr.B P Kalyani, Mr.G K Agarwal, Mr.Kishore Saletore, Mr.Naresh Narad, Mr.P C Bhalerao, Mr.P H Ravikumar, Mr.Pratap G Pawar, Mr.S E Tandale, Mr.S M Thakore, Mr.Vimal Bhandari, Mrs.Lalita D Gupte.
Company has SRBC & Co LLP as its auditors.
As on 30-09-2017, the company has a total of 465,588,632 shares outstanding.
