Jay Thakkar of Anand Rathi has a buy call on Edelweiss Financial Services Ltd.

with a target price of Rs 185.

The current market price of Edelweiss Financial Services Ltd.

is Rs 176.75.

Time period given by the analyst is Intra Day when Edelweiss Financial Services Ltd.

price can reach the defined target.

Jay Thakkar recommended to keep stoploss at Rs 174.

Edelweiss Financial Services Ltd., incorporated in 1995, is a largecap company with a market cap of Rs 16456.01 crore. Edelweiss Financial Services Ltd.

key Products/Revenue Segments include Fees Other Charges which contributed Rs 220.75 Crore to Sales Value (49.00 % of Total Sales), Income From Dividend which contributed Rs 101.02 Crore to Sales Value (22.42 % of Total Sales), Interest Received which contributed Rs 100.84 Crore to Sales Value (22.38 % of Total Sales), Other Operating Revenue which contributed Rs 26.90 Crore to Sales Value (5.97 % of Total Sales), Income From Real Estate Development which contributed Rs .65 Crore to Sales Value (0.14 % of Total Sales) and Income From Sale Of Share Securities which contributed Rs .28 Crore to Sales Value (0.06 % of Total Sales)for the year ending 31-Mar-2017.

For the quarter ended 30-09-2018, the company has reported a Consolidated sales of Rs 2616.25 Crore, up 8.86 % from last quarter Sales of Rs 2403.39 Crore and up 32.45 % from last year same quarter Sales of Rs 1975.34 Crore Company has reported net profit after tax of Rs 276.87 Crore in latest quarter.

The company’s top management includes Mr.Berjis Desai, Mr.Biswamohan Mahapatra, Mr.Himanshu Kaji, Mr.Kunnasagaran Chinniah, Mr.Navtej S Nandra, Mr.P N Venkatachalam, Mr.Rashesh Shah, Mr.Rujan Panjwani, Mr.Sanjiv Misra, Mr.Sunil Mitra, Mr.Venkat Ramaswamy, Ms.Vidya Shah.

Company has S R Batliboi Co.

LLP as its auditoRs As on 30-09-2018, the company has a total of 930,655,922 shares outstanding.