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Buy Reliance Capital, target Rs 505: Shrikant Chouhan

Buy Reliance Capital Ltd. at a price target of Rs 505.0 and a stop loss at Rs 475 from entry point.

ETMarkets.com|
Last Updated: Feb 16, 2018, 08.39 AM IST
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Shrikant Chouhan of Kotak Securities has a buy call on Reliance Capital with a target price of Rs 505.

The current market price of Reliance Capital is Rs 484.60.

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

Shrikant Chouhan recommended to keep a stop loss at Rs 475.

Reliance Capital, incorporated in the year 1986, is a Mid Cap company (having a market cap of Rs 12,246.07 Crore) operating in Finance sector.

The company’s top management includes Dr.Bidhubhusan Samal, Mr.Amitabh Jhunjhunwala, Mr.Anil Dhirubhai Ambani, Mr.Jai Anmol Ambani, Mr.Rajendra P Chitale, Mr.V N Kaul, Mrs.Chhaya Virani.

Company has Pathak H D & Associates as its auditors.

As on 31-12-2017, the company has a total of 252,695,742 shares outstanding.

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