Stock Market

Buy Godfrey Philips India, target Rs 925: Yes Securities

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YES Securities has a buy call on Godfrey Philips India with a target price of Rs 925. The current market price of Godfrey Philips India is Rs 867.60.

Time period given by the brokerage is two weeks when Godfrey Philips India price can reach the defined target.

YES Securities recommended keeping a stop loss at Rs 840. "Stock has broken out from a bullish Flag pattern triggering resumption of the bull run.

Therefore, a BUY recommendation," YES Securities said in a report.

Godfrey Philips India, incorporated in the year 1936, is a Mid Cap company (having a market cap of Rs 4,510.99 Crore) operating in Tobacco sector.




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