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Buy Torrent Power, target Rs 310: Kunal Bothra

ETMarkets.com|
Jan 10, 2018, 08.43 AM IST
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Independent analyst Kunal Bothra has a buy call on Torrent Power with a target price of Rs 310.

The current market price of Torrent Power is Rs 289.15.

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

Kunal Bothra recommended to keep a stop loss at Rs 280.

Torrent Power, incorporated in the year 2004, is a Large Cap company (having a market cap of Rs 13,897.03 Crore) operating in Power sector.

The company's top management includes Mr.Jinal Mehta, Mr.Keki Mistry, Mr.Kiran Karnik, Mr.Markand Bhatt, Mr.Pankaj Joshi, Mr.Pankaj Patel, Mr.R Ravichandran, Mr.Samir Barua, Mr.Samir Mehta, Mr.Sudhir Mehta, Mrs.Bhavna Doshi, Ms.Dharmishta Raval.

Company has Deloitte Haskins & Sells as its auditors.

As on 30-09-2017, the company has a total of 480,616,784 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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