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    Buy Indian Oil Corporation, target Rs 404: Dr CK Narayan

    Synopsis

    Buy Indian Oil Corporation Ltd. at a price target of Rs 404.0 and a stop loss at Rs 385 from entry point.

    Dr CK Narayan of Chart Advise has a buy call on Indian Oil Corporation with a target price of Rs 404.

    The current market price of Indian Oil Corporation is Rs 400.55.

    Time period given by the analyst is 'Intra Day' when Indian Oil Corporation price can reach defined target.

    Dr CK Narayan recommended to keep a stop loss at Rs 385.

    Indian Oil Corporation, incorporated in the year 1959, is a Large Cap company (having a market cap of Rs 1,94,503.27 Crore) operating in Petroleum sector.

    The company’s top management includes Dr.Jagdish Kishwan, Dr.S S V Ramakumar, Mr.A K Sharma, Mr.Anish Aggarwal, Mr.Ashutosh Jindal, Mr.B V Rama Gopal, Mr.Chitta Ranjan Biswal, Mr.Dharmendra Singh Shekhawat, Mr.G K Satish, Mr.Parindu Bhagat, Mr.Ranjan Kumar Mohapatra, Mr.Samirendra Chatterjee, Mr.Sanjay Kapoor, Mr.Sanjiv Singh, Mr.Shankar Chakraborti, Mr.Vinoo Mathur, Mr.Vivek Rae, Mrs.Urvashi Sadhwani, Prof.B Mahadevan.

    Company has V Sankar Aiyar & Co. as its auditors.

    As on 31-12-2017, the company has a total of 4,855,904,964 shares outstanding.



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    (What's moving Sensex and Nifty Track latest market news, stock tips, Budget 2024 and expert advice, on ETMarkets. Also, ETMarkets.com is now on Telegram. For fastest news alerts on financial markets, investment strategies and stocks alerts, subscribe to our Telegram feeds .)

    Subscribe to The Economic Times Prime and read the Economic Times ePaper Online.and Sensex Today.

    Top Trending Stocks: SBI Share Price, Axis Bank Share Price, HDFC Bank Share Price, Infosys Share Price, Wipro Share Price, NTPC Share Price

    ...more
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