HomeNewsBusinessStocksBuy BPCL, target Rs 930: Rahul Shah

Buy BPCL, target Rs 930: Rahul Shah

According to Rahul Shah of Motilal Oswal, one may buy Bharat Petroleum Corporation with a target of Rs 930.

November 16, 2015 / 12:39 IST
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Rahul Shah of Motilal Oswal told CNBC-TV18, "Oil marketing companies again have come back into flavour since the last three to four days. I have seen Hindustan Petroleum Corporation (HPCL), Bharat Petroleum Corporation (BPCL) and Indian Oil Corporation (IOC) are showing some kind of momentum building in that. But top bet in these three remains BPCL. Good longs, good technical breakout also. So, I will buy BPCL with a stoploss of Rs 885 and target of Rs 930."At 12:32 hrs Bharat Petroleum Corporation was quoting at Rs 902.25, down Rs 3.30, or 0.36 percent.

first published: Nov 16, 2015 12:35 pm

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