Buy Hindustan Petroleum Corporation Ltd. with a target of Rs 475: CapitalVia Global Research Ltd

CapitalVia Global Research Ltd has a buy call on Hindustan Petroleum Corporation Ltd. with a target price of Rs 475 . The current market price of Hindustan Petroleum Corporation Ltd. is Rs 456.5 . Time period given by the brokerage house is a week for Hindustan Petroleum Corporation Ltd. price to reach defined target. CapitalVia Global Research Ltd maintained stop loss at Rs 430 . The stock is trading above its medium-term moving averages of 50-days period on the daily chart. Long can be initiated for the target of Rs 475 with the stop loss of Rs 430.