Hold call on Hindustan Petroleum; ICICI Direct target price 260

With the current price of 246.65 at Hindustan Petroleum Corporation, ICICI Direct calls a hold on the large-cap company with a target price of 260. The company operates in Gas & Petroleum sector, with Key Revenue Segments of Refinery, Rent and Other Operating Revenue. The giant reported total income at ₹ 114835.41 Crore by the end of the second quarter , up by both last quarter and last year’s same quarter, by 16.21% and 57.66% respectively.

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Vishvasni Chand

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