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Buy Reliance Capital, target Rs 520: Kunal Bothra

Buy Reliance Capital Ltd. at a price target of Rs 520.0 and a stop loss at Rs 460 from entry point.

ETMarkets.com|
Last Updated: Dec 22, 2017, 08.41 AM IST
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Independent analyst Kunal Bothra has a buy call on Reliance Capital with a target price of Rs 520.

The current market price of Reliance Capital is Rs 479.35.

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

Kunal Bothra recommended to keep a stop loss at Rs 460.

Reliance Capital, incorporated in the year 1986, is a Mid Cap company (having a market cap of Rs 12,112.97 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 30-09-2017, the company has a total of 252,689,630 shares outstanding.

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