BSE Code: | NSE Code: | ISIN: | Sector:
Research Report Detail
|Report Date||Call||Price@Call||Target Price
|Current Status||Time Horizon|
Motilal Oswal maintains buy on Hindustan Petroleum Corporation
HPCL trades attractively at 8 times its FY17 estimated earnings per share of Rs 86.50. Oil marketing companies in our view are now structural investment plays. Increase in profitability will lead to higher return on equity.