Gulf Oil Corp has intraday target of Rs 94, says Aunali Rupani, Director of Arm Research.
Rupani told CNBC TV18, "Gulf Oil has a market cap of close to Rs 875 crore but the value of its land bank is more than Rs 500 crore. That is Rs 60 per share. That also means that the core business is available for less than Rs 30 per share."
He further added, "This stock can easily give you 30% return from here and target for the day is Rs 94."
