ruelfernandes

HINDPETRO - long view

Long
NSE:HINDPETRO   HINDUSTAN PETROL
A good time to invest in this counter.

Total Revenue 2,77,873.49
Financial Year FY 2019

Total Revenue 2,70,773.15
Financial Year FY 2020

Total Revenue 2,36,030.84
Financial Year FY 2021

Total Revenue 3,53,810.15
Financial Year FY 2022


PE Ratio: 4.28 compared to sector PE Ratio of 13.09
Expectations: Higher returns, Higher revenue growth, Lower earnings,
Results: Revenue growth - Higher than Industry, Net Income - Higher than Industry, Market share - Increasing over the past 5 years
Current price is less than Intrinsic Value which indicates there could be increase in price
Good time to enter the stock

Buy above 228 for an immediate target of 244
Buy above 228 for an short term target of 274
Buy above 228 for an medium term target of 332
Buy above 228 for an long term target of 450

Stop loss of 8-10%

Stock faces immediate resistance in the area of 234-237, the next level of resistance is 259, further we have 306-311 before the last 2 resistances at 332 and 354

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.