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10 Jul 2025 |
Chennai Petroleum
|
Consensus Share Price Target
|
730.60 |
670.00 |
- |
-8.29 |
buy
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09 Nov 2017
|
Chennai Petroleum
|
Kotak Securities
|
730.60
|
485.00
|
423.10
(72.68%)
|
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Buy
|
|
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Chennai Petro
Chennai petroleum has reported better than expected performance. CPCL's Q2FY18 PAT increased significantly by 846% qoq (partly base effect) to Rs.3.2 bn (+221% yoy) reflecting significantly higher refining margins, higher sales volume and lower raw material cost. CPCL has reported higher throughput of 2.64 mmt (2% qoq), resulting in 87% capacity utilization in Q2FY18. The company has reported higher GRMs of US$5.67/bbls in H1FY18 v/s US$ 3.81/bbls in Q1FY18. We expect CPCL to report an EPS of Rs.58.7/share in FY18E and an EPS of Rs.74.5 in FY19E supported by higher refining margins, lower operating cost, higher other...
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12 Dec 2016
|
Chennai Petroleum
|
HDFC Securities
|
730.60
|
342.00
|
281.40
(159.63%)
|
Target met |
Buy
|
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BUY Chennai Petroleum Corporation Ltd at CMP Rs. 275.6 and add on dips Rs. 237-248
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25 Sep 2014
|
Chennai Petroleum
|
ICICI Securities Limited
|
730.60
|
|
98.60
(640.97%)
|
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