INSUBCONTINENT EXCLUSIVE:
Independent Analyst Kunal Bothra has a buy call on Chennai Petroleum Corporation with a target price of Rs 303
The current market price of Chennai Petroleum Corporation is Rs 286.70
Time period given by analyst is Intra Day when Chennai Petroleum Corporation price can reach defined target
Kunal Bothra recommended to keep stoploss at Rs 282
Chennai Petroleum Corporation , incorporated in the year 1965, is a Mid Cap company (having a market cap of Rs 4269.29 crore) operating in
Chennai Petroleum Corporation key Products/Revenue Segments include Petroleum Products which contributed Rs 44134.81 crore to Sales Value
(99.87 per cent of Total Sales), Other Operating Revenue which contributed Rs 38.84 crore to Sales Value (0.08 per cent of Total Sales),
Scrap which contributed Rs 13.07 crore to Sales Value (0.02 per cent of Total Sales) and Power which contributed Rs 1.76 crore to Sales
Value (0.00 per cent of Total Sales)for the year ending 31-Mar-2018
For the quarter ended 30-09-2018, the company has reported a Consolidated sales of Rs 12004.06 crore, up 26.08 per cent from last quarter
Sales of Rs 9520.94 crore and up 60.96 per cent from last year same quarter Sales of Rs 7457.93 crore Company has reported net profit after
tax of Rs 20.93 crore in latest quarter
Mr.Mohammad Bagher Dakhili, Mr.Mrutunjay Sahoo, Mr.R Srikanthan, Mr.Rajeev Ailawadi, Mr.S N Pandey, Mr.Sanjiv Singh, Mrs.Perin Devi.
