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Buy HPCL, BPCL: Sudarshan Sukhani

Sudarshan Sukhani of s2analytics.com is of the view that one may buy Hindustan Petroleum Corporation and Bharat Petroleum Corporation.

February 19, 2014 / 09:44 IST
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Sudarshan Sukhani of s2analytics.com told CNBC-TV18, "Hindustan Petroleum Corporation (HPCL) and Bharat Petroleum Corporation (BPCL) have been coming in our buy list repeatedly and that continues. I have no reason to understand why that is going or sometimes we want to know what is going on, the charts are very conducive."

At 09:27 hrs Hindustan Petroleum Corporation was quoting at Rs 239.60, down Rs 0.15, or 0.06 percent. It has touched an intraday high of Rs 242 and an intraday low of Rs 238.

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The share touched its 52-week high Rs 324.80 and 52-week low Rs 158.45 on 16 May, 2013 and 28 August, 2013, respectively. Currently, it is trading 26.23 percent below its 52-week high and 51.21 percent above its 52-week low. Market capitalisation stands at Rs 8,113.51 crore.

first published: Feb 19, 2014 09:44 am

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