Markets

Buy HPCL, target Rs 312: Kunal Bothra

Independent analyst Kunal Bothra has a buy call on Hindustan Petroleum Corporation Ltd. with a target price of Rs 312.0 . The current market price of Hindustan Petroleum Corporation Ltd. is Rs 295.1. Time period given by analyst is Intra Day when Hindustan Petroleum Corporation Ltd. price can reach the defined target. Kunal Bothra recommended to keep stop loss at Rs 290. Hindustan Petroleum Corporation Ltd., incorporated in 1952, is a large-cap company with a market cap of Rs 44968.01 crore.

Hindustan Petroleum Corporation Ltd. key Products/Revenue Segments include Refinery which contributed Rs 212196.37 Crore to Sales Value (99.24 % of Total Sales), Subsidy which contributed Rs 1292.58 Crore to Sales Value (0.60 % of Total Sales), Other Operating Revenue which contributed Rs 197.30 Crore to Sales Value (0.09 % of Total Sales) and Rent which contributed Rs 116.74 Crore to Sales Value (0.05 % of Total Sales)for the year ending 31-Mar-2017.

For the quarter ended 31-03-2018, the company has reported a Standalone sales of Rs 60519.94 Crore, up 5.75 % from last quarter Sales of Rs 57229.81 Crore and up 17.71 % from last year same quarter Sales of Rs 51414.21 Crore Company has reported net profit after tax of Rs 1747.89 Crore in latest quarter.

The companys top management includes Mr.Amar Sinha, Mr.G V Krishna, Mr.J Ramaswamy, Mr.Mukesh Kumar Surana, Mr.Pushp Kumar Joshi, Mr.Ram Niwas Jain, Mr.S Jeyakrishnan, Mr.Sandeep Poundrik, Mr.Siraj Hussain, Mr.Subhash Kumar, Mr.T N Singh, Mr.Vinod S Shenoy, Mrs.Asifa Khan. Company has M P Chitale & Co as its auditoRs As on 31-03-2018, the company has a total of 1,523,822,625 shares outstanding.

Original Article

[contf] [contfnew]

ET Markets
[contfnewc] [contfnewc]

Related Posts

Leave a Reply

Your email address will not be published. Required fields are marked *