Buy Petronet LNG, target Rs 280: Sagar Doshi
Buy Petronet LNG at a price target of Rs 280 and a stop loss at Rs 255 from entry point.
The current market price of Petronet LNG is Rs 263.
Time period given by the analyst is intraday when Petronet LNG price can reach defined target.
Sagar Doshi recommended to keep a stop loss at Rs 255.
Petronet LNG, incorporated in the year 1998, is a Large Cap company (having a market cap of Rs 39,450 Crore) operating in Petrochemicals sector.
The company’s top management includes Dr.Jyoti Kiran Shukla, Dr.T Natarajan, Mr.A K Misra, Mr.D Rajkumar, Mr.G K Satish, Mr.K D Tripathi, Mr.Prabhat Singh, Mr.Rajender Singh, Mr.Subhash Kumar, Mr.Subir Purkayastha, Mr.Sushil Kumar Gupta.
Company has T R Chadha & Co. LLP as its auditors.
As on 30-09-2017, the company has a total of 1,500,000,088 shares outstanding.
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