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Sell Hindustan Petroleum Corporation Ltd, target Rs 270: Kunal Bothra

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Independent analyst Kunal Bothra has a sell call on Hindustan Petroleum Corporation Ltd. with a target price of Rs 270.0 . The current market price of Hindustan Petroleum Corporation Ltd. is Rs 281.5 Time period given by the analyst is Intra Day when Hindustan Petroleum Corporation Ltd. price can reach the defined target. Kunal Bothra recommended to keep stoploss at Rs 286.

Hindustan Petroleum Corporation Ltd., incorporated in 1952, has a market cap of Rs 42895.61 crore.
Hindustan Petroleum Corporation Ltd. key Products/Revenue Segments include Refinery which contributed Rs 242462.78 Crore to Sales Value (99.33 % of Total Sales), Subsidy which contributed Rs 763.88 Crore to Sales Value (0.31 % of Total Sales), Rent which contributed Rs 565.02 Crore to Sales Value (0.23 % of Total Sales) and Other Operating Revenue which contributed Rs 293.44 Crore to Sales Value (0.12 % of Total Sales)for the year ending 31-Mar-2018.

For the quarter ended 31-03-2019, the company has reported a Standalone sales of Rs 67628.63 Crore, down -5.83 % from last quarter Sales of Rs 71813.85 Crore and up 11.75 % from last year same quarter Sales of Rs 60519.94 Crore Company has reported net profit aftRead More – Source

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