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Buy Grasim Industries, target Rs 1,240: Manas Jaiswal

ETMarkets.com|
Oct 24, 2017, 08.54 AM IST
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Manas Jaiswal of manasjaiswal.com has a buy call on Grasim Industries with a target price of Rs 1,240.

The current market price of Grasim Industries is Rs 1,180.80.

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

Manas Jaiswal recommended to keep a stop loss at Rs 1,150.

Grasim Industries, incorporated in the year 1947, is a Large Cap company (having a market cap of Rs 77,617.94 Crore) operating in Miscellaneous sector.

The company's top management includes Dr.Thomas M Connelly Jr, Mr.Arun Kannan Thiagarajan, Mr.B V Bhargava, Mr.Cyril Shroff, Mr.Dilip Gaur, Mr.Kumar Mangalam Birla, Mr.M L Apte, Mr.N Mohan Raj, Mr.O P Rungta, Mr.Shailendra K Jain, Mr.Sushil Agarwal, Mrs.Rajashree Birla.

Company has G P Kapadia Co. as its auditors.

As on 30-09-2017, the company has a total of 657,333,545 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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