Buy Bharat Petroleum Corporation, target Rs 530: Sumeet Bagadia

Sumeet Bagadia of Choice Equity Broking Private Ltd has a buy call on Bharat Petroleum Corporation with a target price of Rs 530.

The current market price of Bharat Petroleum Corporation is Rs 511.85.

Time period given by the analyst is intraday when Bharat Petroleum Corporation price can reach defined target.

Sumeet Bagadia recommended to keep a stop loss at Rs 498.

Bharat Petroleum Corporation, incorporated in the year 1952, is a Large Cap company (having a market cap of Rs 1,11,033.20 Crore) operating in Petroleum sector.

The company’s top management includes Dr.Tamilisai Soundararajan, Mr.Anant Kumar Singh, Mr.D Rajkumar, Mr.Deepak Bhojwani, Mr.Gopal C Nanda, Mr.K Sivakumar, Mr.Paul Antony, Mr.R Ramachandran, Mr.Rajesh K Mangal, Mr.S Ramesh, Mr.Vinay Sheel Oberoi, Mr.Vishal V Sharma, Mrs.J M Shanti Sundharam.

Company has CVK & Associates as its auditors.

As on 30-09-2017, the company has a total of 2,169,252,744 shares outstanding.