Buy Gujarat State Petronet, target Rs 220: Kunal Bothra

Independent analyst Kunal Bothra has a buy call on Gujarat State Petronet with a target price of Rs 220.

The current market price of Gujarat State Petronet is Rs 203.45.

Time period given by the analyst is intraday when Gujarat State Petronet price can reach defined target.

Kunal Bothra recommended to keep a stop loss at Rs 195.

Gujarat State Petronet, incorporated in the year 1998, is a Mid Cap company (having a market cap of Rs 11469.84 Crore) operating in Petrochemicals sector.

Gujarat State Petronet key Products/Revenue Segments include Income From Transportation Services which contributed Rs 976.89 Crore to Sales Value (95.06 per cent of Total Sales), Electricity which contributed Rs 39.98 Crore to Sales Value (3.89 per cent of Total Sales) and Other Operating Revenue which contributed Rs 10.68 Crore to Sales Value (1.03 per cent of Total Sales)for the year ending 31-Mar-2017.