Buy Chennai Petroleum Corporation, target Rs 465: Manas Jaiswal
ETMarkets.com|
Jan 10, 2018, 08.54 AM IST
Manas Jaiswal of manasjaiswal.com has a buy call on Chennai Petroleum Corporation with a target price of Rs 465.
The current market price of Chennai Petroleum Corporation is Rs 442.45.
Time period given by the analyst is 'Intra Day' when Chennai Petroleum Corporation price can reach defined target.
Manas Jaiswal recommended to keep a stop loss at Rs 430.
Chennai Petroleum Corporation, incorporated in the year 1965, is a Mid Cap company (having a market cap of Rs 6,588.58 Crore) operating in Petroleum sector.
The company's top management includes Dr.P B Lohiya, Mr.Farzad Bahrami, Mr.Gautham Roy, Mr.K M Mahesh, Mr.M B Dakhili, Mr.Mrutunjay Sahoo, Mr.S Krishna Prasad, Mr.S M Vaidya, Mr.Sanjiv Singh, Mr.U Venkata Ramana, Ms.Perin Devi.
Company has S Viswanathan LLP as its auditors.
As on 31-12-2017, the company has a total of 148,911,400 shares outstanding.
The current market price of Chennai Petroleum Corporation is Rs 442.45.
Time period given by the analyst is 'Intra Day' when Chennai Petroleum Corporation price can reach defined target.
Manas Jaiswal recommended to keep a stop loss at Rs 430.
Chennai Petroleum Corporation, incorporated in the year 1965, is a Mid Cap company (having a market cap of Rs 6,588.58 Crore) operating in Petroleum sector.
The company's top management includes Dr.P B Lohiya, Mr.Farzad Bahrami, Mr.Gautham Roy, Mr.K M Mahesh, Mr.M B Dakhili, Mr.Mrutunjay Sahoo, Mr.S Krishna Prasad, Mr.S M Vaidya, Mr.Sanjiv Singh, Mr.U Venkata Ramana, Ms.Perin Devi.
Company has S Viswanathan LLP as its auditors.
As on 31-12-2017, the company has a total of 148,911,400 shares outstanding.
