Buy PC Jeweller, target Rs 394: Jay Thakkar
ETMarkets.com|
Nov 16, 2017, 08.56 AM IST
Jay Thakkar of Anand Rathi has a buy call on PC Jeweller with a target price of Rs 394.
The current market price of PC Jeweller is Rs 342.40.
Time period given by the analyst is intraday when PC Jeweller price can reach defined target.
Jay Thakkar recommended to keep a stop loss at Rs 327.
PC Jeweller, incorporated in the year 2005, is a Large Cap company (having a market cap of Rs 13,502.72 Crore) operating in Gems and Jewellery sector.
PC Jeweller key Products/Revenue Segments include Diamonds/Gems/Jewellery which contributed Rs 8,104.58 Crore to Sales Value (100 per cent of Total Sales)for the year ending 31-Mar-2017.
For the quarter ended 30-09-2017, the company has reported a Standalone sales of Rs 2,622.32 Crore, up 23.98 per cent from last quarter Sales of Rs 2,115.07 Crore and up 20.61 per cent from last year same quarter Sales of Rs 2,174.29 Crore.
The current market price of PC Jeweller is Rs 342.40.
Time period given by the analyst is intraday when PC Jeweller price can reach defined target.
Jay Thakkar recommended to keep a stop loss at Rs 327.
PC Jeweller, incorporated in the year 2005, is a Large Cap company (having a market cap of Rs 13,502.72 Crore) operating in Gems and Jewellery sector.
PC Jeweller key Products/Revenue Segments include Diamonds/Gems/Jewellery which contributed Rs 8,104.58 Crore to Sales Value (100 per cent of Total Sales)for the year ending 31-Mar-2017.
For the quarter ended 30-09-2017, the company has reported a Standalone sales of Rs 2,622.32 Crore, up 23.98 per cent from last quarter Sales of Rs 2,115.07 Crore and up 20.61 per cent from last year same quarter Sales of Rs 2,174.29 Crore.
