BSE Code: | NSE Code: | ISIN: | Sector:
Research Report Detail
|Report Date||Call||Price@Call||Target Price
|Current Status||Time Horizon|
|Target Hit|| Long (1Y)
CLSA upgrades Hindustan Petroleum Corporation to outperform
CLSA has upgraded HPCL to "outperform" from "sell" with a target price of Rs 480. We see highest leverage to marketing margins. Return ratios for HPCL at 11-year highs. Higher refining margins have been the biggest profit driver.