Buy Oil And Natural Gas Corporation, target Rs 227: Pritesh Mehta

Pritesh Mehta of IIFL has a buy call on Oil and Natural Gas Corporation with a target price of Rs 227.

The current market price of Oil and Natural Gas Corporation is Rs 210.50.

Time period given by the analyst is 'Intra Day' when Oil And Natural Gas Corporation price can reach defined target.

Pritesh Mehta recommended to keep a stop loss at Rs 205.

Oil and Natural Gas Corporation, incorporated in the year 1993, is a Large Cap company (having a market cap of Rs 2,70,139.60 Crore) operating in Petroleum sector.

The company’s top management includes Dr.Sambit Patra, Dr.Santrupt B Misra, Mr.A K Srinivasan, Mr.Ajai Malhotra, Mr.Ajay Kumar Dwivedi, Mr.Amar Nath, Mr.D D Misra, Mr.Deepak Sethi, Mr.K M Padmanabhan, Mr.Rajiv Bansal, Mr.Shashi Shanker, Mr.Sumit Bose, Mr.V P Mahawar, Mr.Vivek Mallya, Prof.Shireesh B Kedare.

Company has PKF Sridhar & Santhanam LLP as its auditors.

As on 31-12-2017, the company has a total of 12,833,235,180 shares outstanding.