Buy NMDC, target Rs 135: Shrikant Chouhan
ETMarkets.com|
Oct 27, 2017, 09.31 AM IST
Shrikant Chouhan of Kotak Securities Limited has a buy call on NMDC with a target price of Rs 135.
The current market price of NMDC is Rs 129.65.
Time period given by the analyst is intraday when NMDC price can reach defined target.
Shrikant Chouhan recommended to keep a stop loss at Rs 124.
NMDC, incorporated in the year 1958, is a Large Cap company (having a market cap of Rs 40276.33 Crore) operating in Mining sector.
The company's top management includes CA.A K Srivastava, Dr.Narendra K Nanda, Dr.Syamal Kumar Sarkar, Dr.T R K Rao, Mr.D S Ahluwalia, Mr.P K Satpathy, Mr.Pradip Bhargava, Mr.R Sridharan, Mr.Rajesh Mangal, Mr.S M Nigam, Mr.Sandeep Tula, Mr.Saraswati Prasad, Mr.Syedain Abbasi, Mrs.Bhagwati Mahesh Baldewa.
Company has Tej Raj & Pal as its auditors.
As on 30-09-2017, the company has a total of 3,163,890,474 shares outstanding.
The current market price of NMDC is Rs 129.65.
Time period given by the analyst is intraday when NMDC price can reach defined target.
Shrikant Chouhan recommended to keep a stop loss at Rs 124.
NMDC, incorporated in the year 1958, is a Large Cap company (having a market cap of Rs 40276.33 Crore) operating in Mining sector.
The company's top management includes CA.A K Srivastava, Dr.Narendra K Nanda, Dr.Syamal Kumar Sarkar, Dr.T R K Rao, Mr.D S Ahluwalia, Mr.P K Satpathy, Mr.Pradip Bhargava, Mr.R Sridharan, Mr.Rajesh Mangal, Mr.S M Nigam, Mr.Sandeep Tula, Mr.Saraswati Prasad, Mr.Syedain Abbasi, Mrs.Bhagwati Mahesh Baldewa.
Company has Tej Raj & Pal as its auditors.
As on 30-09-2017, the company has a total of 3,163,890,474 shares outstanding.
