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Sell Reliance Capital, target Rs 462: Dr CK Narayan

Sell Reliance Capital at a price target of Rs 462 and a stop loss at Rs 478 from entry point.

Last Updated: Nov 14, 2017, 08.46 AM IST
Dr CK Narayan of Chart Advise has a sell call on Reliance Capital with a target price of Rs 462.

The current market price of Reliance Capital is Rs 468.25.

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

Dr CK Narayan recommended to keep a stop loss at Rs 478.

Reliance Capital, incorporated in the year 1986, is a Mid Cap company (having a market cap of Rs 11,832.19 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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