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Buy Asian Paints, target Rs 1,185: Nirmal Bang Securities

ETMarkets.com|
Dec 29, 2017, 12.02 PM IST
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Nirmal Bang Securities has a buy call on Asian Paints with a target price of Rs 1,185.

The current market price of Asian Paints is Rs 1,165.

Time period given by the brokerage firm is 'Intra Day' when Asian Paints price can reach defined target.

Nirmal Bang Securities recommended to keep a stop loss at Rs 1,135.

Asian Paints, incorporated in the year 1945, is a Large Cap company (having a market cap of Rs 109789.78 Crore) operating in Paints and Pigments sector.

The company's top management includes Dr.S Sivaram, Mr.Abhay Vakil, Mr.Ashwin Choksi, Mr.Ashwin Dani, Mr.Deepak Satwalekar, Mr.K B S Anand, Mr.M K Sharma, Mr.Mahendra Choksi, Mr.Mahendra Shah, Mr.Malav Dani, Mr.R Seshasayee, Mr.S Ramadorai, Mrs.Vibha Paul Rishi, Ms.Amrita Vakil.

Company has BSR & Co. LLP as its auditors.

As on 30-09-2017, the company has a total of 959,197,790 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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