Tuesday, March 28, 2023
Google search engine
HomeMarketStocksBuy Oil And Natural Gas Corporation, target price Rs 154: Yes...

Buy Oil And Natural Gas Corporation, target price Rs 154: Yes Securities


Sure Securities has purchase name on with a goal value of Rs 154. The present market value of . is Rs 140.85.

Oil And Pure Fuel Company Ltd., integrated within the 12 months 1993, is a Massive Cap firm (having a market cap of Rs 175935.20 Crore) working in Fuel & Petroleum sector.

Oil And Pure Fuel Company Ltd. key Merchandise/Income Segments embody Oil Crude, Fuel Pure, Naphtha, Ethane, Propane, C2/C3 (Ethane/Propane), Butane, Different Working Income, Aviation Turbine Gasoline (ATF), HSD, Superior Kerosene Oil, LSHS, Mineral Turpentine Oil (MTO), Others for the 12 months ending 31-Mar-2022.

Financials

For the quarter ended 30-06-2022, the corporate reported a Consolidated Complete Revenue of Rs 184148.90 Crore, up 16.07 % from final quarter Complete Revenue of Rs 158648.42 Crore and up 68.48 % from final 12 months similar quarter Complete Revenue of Rs 109301.82 Crore. Firm reported web revenue after tax of Rs 7545.69 Crore in newest quarter.

Investment Rationale
Bouncing off its 2-yearly imply and trying to interrupt out off a consolidation base, implying power


Promoter/FII Holdings
Promoters held 58.89 per cent stake within the firm as of 30-Sep-2022, whereas FIIs owned 9.97 per cent, DIIs 18.52 per cent.

(Disclaimer: Suggestions given on this part or any stories connected herein are authored by an exterior get together. Views expressed are that of the respective authors/entities. These don’t signify the views of Financial Instances (ET). ET doesn’t assure, vouch for, endorse any of its contents and hereby disclaims all warranties, specific or implied, regarding the identical. Please seek the advice of your monetary adviser and search unbiased recommendation.



Source link

RELATED ARTICLES
- Advertisment -
Google search engine

Most Popular

Recent Comments