Buy Indian Oil Corporation, target Rs 417: Manas Jaiswal
Buy Indian Oil Corporation at a price target of Rs 417 and a stop loss at Rs 396 from entry point.
The current market price of Indian Oil Corporation is Rs 404.60.
Time period given by the analyst is intraday when Indian Oil Corporation price can reach defined target.
Manas Jaiswal recommended to keep a stop loss at Rs 396.
Indian Oil Corporation, incorporated in the year 1959, is a Large Cap company (having a market cap of Rs 1,96,469.91 Crore) operating in Petroleum sector.
The company’s top management includes Dr.Jagdish Kishwan, Dr.S S V Ramakumar, Mr.A K Sharma, Mr.Anish Aggarwal, Mr.Ashutosh Jindal, Mr.B S Canth, Mr.Chitta Ranjan Biswal, Mr.Dharmendra Singh Shekhawat, Mr.G K Satish, Mr.Parindu Bhagat, Mr.Samirendra Chatterjee, Mr.Sanjay Kapoor, Mr.Sanjiv Singh, Mr.Shankar Chakraborti, Mr.Vinoo Mathur, Mr.Vivek Rae, Mrs.Urvashi Sadhwani, Prof.B Mahadevan.
Company has V Sankar Aiyar & Co. as its auditors.
As on 30-09-2017, the company has a total of 4,855,904,964 shares outstanding.
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