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 HDFC Securities's Stock Idea
HDFC Securities is Bullish on Mahanagar Gas Ltd.
Idea Submitted on 10Sep,2018
  • 212 Total Ideas
  • 10 Active Ideas
  • 202 Closed Ideas
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      Buy Mahanagar Gas Idea
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      Idea Status :  Closed
    Target Achieved
    Idea Closed at 1026.3(28Mar,19 09:53:am)
     Time Frame
     Start Price
     Target Price
     Stop Loss
     Projected Gain
    173 (20.28% Upside)
     Returns Achieved
    173.3     20.32%

    We feel investors could buy the stock at the CMP, and add on dips to the Rs 780 - 786 band (14.5x FY20E EPS) for sequential targets of Rs 945 (17.5x FY20E EPS) and Rs 1,026 (19.0x FY20E EPS). At the CMP of Rs 853, the stock trades at 15.8x FY20E EPS.

    Link to Report: READ FULL REPORT

     Stock Price Movement (EOD Basis)
     C.M.P Mahanagar Gas
    Buy Calls: 2 Sell Calls: 0
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