Buy BPCL, target Rs 418: Kunal Bothra

Independent analyst Kunal Bothra has a buy call on Bharat Petroleum Corporation Ltd. with a target price of Rs 418. The current market price of Bharat Petroleum Corporation Ltd. is Rs 392.8. The time period given by the analyst is Intra Day when Bharat Petroleum Corporation Ltd. price can reach defined target. Kunal Bothra recommended to keep stop loss at Rs 380.

Bharat Petroleum Corporation Ltd., incorporated in the year 1952, is a Large Cap company (having a market cap of Rs 85208.25 Crore) operating in Petroleum sector.

Bharat Petroleum Corporation Ltd. key Products/Revenue Segments include Petroleum Products which contributed Rs 237263.46 Crore to Sales Value (98.02 % of Total Sales), Oil Crude which contributed Rs 3423.19 Crore to Sales Value (1.41 % of Total Sales), Subsidy which contributed Rs 1172.83 Crore to Sales Value (0.48 % of Total Sales), Other Operating Revenue which contributed Rs 188.34 Crore to Sales Value (0.07 % of Total Sales)for the year ending 31-Mar-2017.


The company’s top management includes Dr.K Ellangovan, Dr.Tamilisai Soundararajan, Mr.D Rajkumar, Mr.Deepak Bhojwani, Mr.Gopal C Nanda, Mr.K Padmakar, Mr.K Sivakumar, Mr.R Ramachandran, Mr.Rajesh K Mangal, Mr.Rajiv Bansal, 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 31-03-2018, the company has a total of 2,169,252,744 shares outstanding.