Buy Raymond, target Rs 990: Dr CK Narayan
ETMarkets.com|
Dec 13, 2017, 08.53 AM IST
Dr CK Narayan of Chart Advise has a buy call on Raymond with a target price of Rs 990.
The current market price of Raymond is Rs 977.05.
Time period given by the analyst is intraday when Raymond price can reach defined target.
Dr CK Narayan recommended to keep a stop loss at Rs 965.
Raymond, incorporated in the year 1925, is a Mid Cap company (having a market cap of Rs 5997.22 Crore) operating in Textiles sector.
The company's top management includes Dr.Vijaypat Singhania, Mr.Akshaykumar Chudasama, Mr.Boman Irani, Mr.Gautam Hari Singhania, Mr.H Sunder, Mr.I D Agarwal, Mr.Nabankur Gupta, Mr.Pradeep Guha, Mrs.Nawaz Gautam Singhania.
Company has Dalal & Shah LLP as its auditors.
As on 30-09-2017, the company has a total of 61,380,854 shares outstanding.
The current market price of Raymond is Rs 977.05.
Time period given by the analyst is intraday when Raymond price can reach defined target.
Dr CK Narayan recommended to keep a stop loss at Rs 965.
Raymond, incorporated in the year 1925, is a Mid Cap company (having a market cap of Rs 5997.22 Crore) operating in Textiles sector.
The company's top management includes Dr.Vijaypat Singhania, Mr.Akshaykumar Chudasama, Mr.Boman Irani, Mr.Gautam Hari Singhania, Mr.H Sunder, Mr.I D Agarwal, Mr.Nabankur Gupta, Mr.Pradeep Guha, Mrs.Nawaz Gautam Singhania.
Company has Dalal & Shah LLP as its auditors.
As on 30-09-2017, the company has a total of 61,380,854 shares outstanding.
