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Buy Indraprastha Gas, target Rs 350: Shrikant Chouhan

ETMarkets.com|
Dec 26, 2017, 08.55 AM IST
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Shrikant Chouhan of Kotak Securities Limited has a buy call on Indraprastha Gas with a target price of Rs 350.

The current market price of Indraprastha Gas is Rs 329.25.

Time period given by the analyst is intraday when Indraprastha Gas price can reach defined target.

Shrikant Chouhan recommended to keep a stop loss at Rs 320.

Indraprastha Gas, incorporated in the year 1998, is a Large Cap company (having a market cap of Rs 23,047.53 Crore) operating in Chemicals sector.

The company's top management includes Dr.Sudha Sharma, Mr.E S Ranganathan, Mr.Manoj Jain, Mr.Raghu Nayyar, Mr.S Ramesh, Mr.S S Rao, Mr.Santosh Kumar, Mr.V Nagarajan, Mr.V Ranganathan, Mrs.Varsha Joshi.

Company has Walker Chandiok & Co. LLP as its auditors.

As on 30-09-2017, the company has a total of 140,000,160 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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