Buy Jayant Agro, target Rs 210: Jay Thakkar - News Summed Up

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Buy Jayant Agro, target Rs 210: Jay Thakkar


Jay Thakkar of Sharekhan recommends a buy rating on Jayant Agro with a target price of Rs 210 and a strict stop loss placed at Rs 190. The stock is trading with a P/E of 13.68 and P/B of 1.34. The stock is looking bullish on the charts.Jayant Agro is a low beta stock (0.34) and is trading well above its 50-day, 100-day and 200-day moving average of Rs 163, Rs 138.14 and Rs 125.22, respectively, as per data collated by ETMarkets.com. The stock has gained 57.55 per cent so far in the calendar year 2016.


Source: Economic Times June 14, 2016 08:09 UTC



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