BPCL has target of Rs 665: VVLN Sastry

BPCL has target of Rs 665, says VVLN Sastry, Firstcall India Equity.

Sastry told CNBC-TV18, "The rise substantially in the prices of diesel, LPG and kerosene is revolutionary because this is going to hit the common man but this is definitely going to compensate quite well the oil marketing companies, which have been finding good amount of under recoveries hitting their bottomline. So BPCL as one of the oil marketing majors is going to substantially gain on this. So I had a target of around Rs 665 and I have a stop loss for this stock at about Rs 625."Click HERE to follow thier score card