Buy Chennai Petroleum Corporation, target Rs 485: Sagar Doshi
Buy Chennai Petroleum Corporation Ltd. at a price target of Rs 485.0 and a stop loss at Rs 430 from entry point.
By ETMarkets.com |
Sagar Doshi of Edelweiss Financial Services has a buy call on Chennai Petroleum Corporation with a target price of Rs 485.
The current market price of Chennai Petroleum Corporation is Rs 442.45.
Time period given by the analyst is 'Intra Day' when Chennai Petroleum Corporation price can reach defined target.
Sagar Doshi recommended to keep a stop loss at Rs 430.
Chennai Petroleum Corporation, incorporated in the year 1965, is a Mid Cap company (having a market cap of Rs 6,588.58 Crore) operating in Petroleum sector.
The company’s top management includes Dr.P B Lohiya, Mr.Farzad Bahrami, Mr.Gautham Roy, Mr.K M Mahesh, Mr.M B Dakhili, Mr.Mrutunjay Sahoo, Mr.S Krishna Prasad, Mr.S M Vaidya, Mr.Sanjiv Singh, Mr.U Venkata Ramana, Ms.Perin Devi.
Company has S Viswanathan LLP as its auditors.
As on 31-12-2017, the company has a total of 148,911,400 shares outstanding.
The current market price of Chennai Petroleum Corporation is Rs 442.45.
Time period given by the analyst is 'Intra Day' when Chennai Petroleum Corporation price can reach defined target.
Sagar Doshi recommended to keep a stop loss at Rs 430.
Chennai Petroleum Corporation, incorporated in the year 1965, is a Mid Cap company (having a market cap of Rs 6,588.58 Crore) operating in Petroleum sector.
The company’s top management includes Dr.P B Lohiya, Mr.Farzad Bahrami, Mr.Gautham Roy, Mr.K M Mahesh, Mr.M B Dakhili, Mr.Mrutunjay Sahoo, Mr.S Krishna Prasad, Mr.S M Vaidya, Mr.Sanjiv Singh, Mr.U Venkata Ramana, Ms.Perin Devi.
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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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