Buy Asian Paints, target Rs 1,245: Dr CK Narayan
ETMarkets.com|
Oct 25, 2017, 08.56 AM IST
Dr CK Narayan of Chart Advise has a buy call on Asian Paints with a target price of Rs 1,245.
The current market price of Asian Paints is Rs 1,220.50.
Time period given by the analyst is intraday when Asian Paints price can reach defined target.
Dr CK Narayan recommended to keep a stop loss at Rs 1,205.
Asian Paints, incorporated in the year 1945, is a Large Cap company (having a market cap of Rs 1,17,070.09 Crore) operating in Paints and Pigments sector.
The company's top management includes Dr.S Sivaram, Mr.Abhay Vakil, Mr.Ashwin Choksi, Mr.Ashwin Dani, Mr.Deepak Satwalekar, Mr.K B S Anand, Mr.M K Sharma, Mr.Mahendra Choksi, Mr.Mahendra Shah, Mr.Malav Dani, Mr.R Seshasayee, Mr.S Ramadorai, Mrs.Vibha Paul Rishi, Ms.Amrita Vakil.
Company has BSR & Co. LLP as its auditors.
As on 30-09-2017, the company has a total of 959,197,790 shares outstanding.
The current market price of Asian Paints is Rs 1,220.50.
Time period given by the analyst is intraday when Asian Paints price can reach defined target.
Dr CK Narayan recommended to keep a stop loss at Rs 1,205.
Asian Paints, incorporated in the year 1945, is a Large Cap company (having a market cap of Rs 1,17,070.09 Crore) operating in Paints and Pigments sector.
The company's top management includes Dr.S Sivaram, Mr.Abhay Vakil, Mr.Ashwin Choksi, Mr.Ashwin Dani, Mr.Deepak Satwalekar, Mr.K B S Anand, Mr.M K Sharma, Mr.Mahendra Choksi, Mr.Mahendra Shah, Mr.Malav Dani, Mr.R Seshasayee, Mr.S Ramadorai, Mrs.Vibha Paul Rishi, Ms.Amrita Vakil.
Company has BSR & Co. LLP as its auditors.
As on 30-09-2017, the company has a total of 959,197,790 shares outstanding.