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Buy Bajaj Electricals, target Rs 535: Dharmesh Shah

ETMarkets.com|
Dec 12, 2017, 08.38 AM IST
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Dharmesh Shah of ICICI Direct has a buy call on Bajaj Electricals with a target price of Rs 535.

The current market price of Bajaj Electricals is Rs 491.80.

Time period given by the analyst is intraday when Bajaj Electricals price can reach defined target.

Dharmesh Shah recommended to keep a stop loss at Rs 472.

Bajaj Electricals, incorporated in the year 1938, is a Mid Cap company (having a market cap of Rs 5,001.46 Crore) operating in Consumer Durables sector.

The company's top management includes Dr.R P Singh, Dr.(Mrs.)Indu Shahani, Mr.Anant Bajaj, Mr.Anuj Poddar, Mr.Ashok Jalan, Mr.Harsh Vardhan Goenka, Mr.Madhur Bajaj, Mr.Shekhar Bajaj, Mr.Siddharth Mehta.

Company has Dalal & Shah LLP as its auditors.

As on 30-09-2017, the company has a total of 101,525,351 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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