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Buy Avenue Supermarts, target Rs 1,245: Pritesh Mehta

ETMarkets.com|
Jan 04, 2018, 08.34 AM IST
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Pritesh Mehta of IIFL has a buy call on Avenue Supermarts with a target price of Rs 1,245.

The current market price of Avenue Supermarts is Rs 1,187.55.

Time period given by the analyst is 'Intra Day' when Avenue Supermarts price can reach defined target.

Pritesh Mehta recommended to keep a stop loss at Rs 1,160.

Avenue Supermarts, incorporated in the year 2000, is a Large Cap company (having a market cap of Rs 74,113.15 Crore) operating in Retail sector.

The company's top management includes Mr.Chandrashekhar Bhave, Mr.Elvin Machado, Mr.Ignatius Navil Noronha, Mr.Ramakant Baheti, Mr.Ramesh Damani, Mrs.Manjri Chandak.

Company has Dalal & Shah LLP as its auditors.

As on 30-09-2017, the company has a total of 624,084,486 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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