Buy Chennai Petroleum Corporation, target Rs 362: Dr CK Narayan
Buy Chennai Petroleum Corporation Ltd. at a price target of Rs 362.0 and a stop loss at Rs 350 from the entry point.

The current market price of Chennai Petroleum Corporation is Rs 356.25.
Time period given by the analyst is Intra Day when Chennai Petroleum Corporation price can reach defined target.
Dr CK Narayan recommended keeping a stop loss at Rs 350.
Chennai Petroleum Corporation, incorporated in the year 1965, is a Mid Cap company (having a market cap of Rs 5,304.97 Crore) operating in Petroleum sector.
The company’s top management includes Dr.P B Lohiya, Mr.B V Rama Gopal, Mr.Farzad Bahrami, Mr.G Aravindan, Mr.K M Mahesh, Mr.M B Dakhili, Mr.Mrutunjay Sahoo, Mr.S N Pandey, Mr.Sanjiv Singh, Mr.U Venkata Ramana, Ms.Perin Devi.
The company has S Viswanathan LLP as its auditors.
As on 31-12-2017, the company has a total of 148,911,400 shares outstanding.
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