Sell Hindustan Petroleum Corporation, target Rs 355: Chandan Taparia

Chandan Taparia of Motilal Oswal Securities has a sell call on Hindustan Petroleum Corporation with a target price of Rs 355.

The current market price of Hindustan Petroleum Corporation is Rs 374.20.

Time period given by the analyst is 'Intra Day' when Hindustan Petroleum Corporation price can reach defined target.

Chandan Taparia recommended to keep a stop loss at Rs 385.

Hindustan Petroleum Corporation, incorporated in the year 1952, is a Large Cap company (having a market cap of Rs 57,021.44 Crore) operating in Petroleum sector.

The company’s top management includes Mr.Amar Sinha, Mr.G V Krishna, Mr.J Ramaswamy, Mr.Mukesh Kumar Surana, Mr.Pushp Kumar Joshi, Mr.Ram Niwas Jain, Mr.S Jeyakrishnan, Mr.Sandeep Poundrik, Mr.Siraj Hussain, Mr.T N Singh, Mr.Vinod S Shenoy, Mrs.Asifa Khan, Ms.Sushma Rath.

Company has M P Chitale & Co as its auditors.

As on 31-12-2017, the company has a total of 1,523,822,625 shares outstanding.