Buy Arvind, target Rs 490: Kotak Securities Limited
ETMarkets.com|
Dec 29, 2017, 09.11 AM IST
Kotak Securities Limited has a buy call on Arvind with a target price of Rs 490.
The current market price of Arvind is Rs 448.45.
Time period given by the analyst is intraday when Arvind price can reach defined target.
Kotak Securities Limited recommended to keep a stop loss at Rs 440.
Arvind, incorporated in the year 1931, is a Mid Cap company (having a market cap of Rs 11,595.44 Crore) operating in Textiles sector.
The company's top management includes Dr.Bakul Dholakia, Mr.Dileep C Choksi, Mr.Jayesh K Shah, Mr.Kulin S Lalbhai, Mr.Nilesh Shah, Mr.Punit S Lalbhai, Mr.Samir Mehta, Mr.Sanjay S Lalbhai, Mr.Vallabh Bhanshali, Ms.Renuka Ramnath.
Company has Deloitte Haskins & Sells LLP as its auditors.
As on 30-09-2017, the company has a total of 258,517,069 shares outstanding.
The current market price of Arvind is Rs 448.45.
Time period given by the analyst is intraday when Arvind price can reach defined target.
Kotak Securities Limited recommended to keep a stop loss at Rs 440.
Arvind, incorporated in the year 1931, is a Mid Cap company (having a market cap of Rs 11,595.44 Crore) operating in Textiles sector.
The company's top management includes Dr.Bakul Dholakia, Mr.Dileep C Choksi, Mr.Jayesh K Shah, Mr.Kulin S Lalbhai, Mr.Nilesh Shah, Mr.Punit S Lalbhai, Mr.Samir Mehta, Mr.Sanjay S Lalbhai, Mr.Vallabh Bhanshali, Ms.Renuka Ramnath.
Company has Deloitte Haskins & Sells LLP as its auditors.
As on 30-09-2017, the company has a total of 258,517,069 shares outstanding.
