Buy Oil India, target Rs 360: Manas Jaiswal

Manas Jaiswal of manasjaiswal.com has a buy call on Oil India with a target price of Rs 360.

The current market price of Oil India is Rs 348.90.

Time period given by the analyst is 'Intra Day' when Oil India price can reach defined target.

Manas Jaiswal recommended to keep a stop loss at Rs 344.

Oil India, incorporated in the year 1959, is a Large Cap company (having a market cap of Rs 26,397.86 Crore) operating in Petroleum sector.

The company’s top management includes Dr.P Chandrasekaran, Mr.Amar Nath, Mr.Biswajit Roy, Mr.Diwakar Nath Misra, Mr.P K Sharma, Mr.Priyank Sharma, Mr.S Manoharan, Mr.Sunjay Sudhir, Mr.Utpal Bora, Mrs.Asha Kaul, Mrs.R S Borah, Ms.Amina R Khan.

Company has N C Baneijee & Co as its auditors.

As on 31-12-2017, the company has a total of 756,602,607 shares outstanding.