Risk factor
Good trading liquidity
Profitability factor
Greatly undervalued vs peers
About
Chennai Petroleum Corporation Limited (CPCL) is an Indian enterprise primarily involved in the production and nationwide distribution of a diverse range of refined petroleum products. Its extensive portfolio of primary offerings includes liquefied petroleum gas (LPG), gasoline, high-grade kerosene, jet fuel, diesel, naphtha, asphalt, hexane, mineral turpentine oil (MTO), lubricant base oils, raw materials for petrochemicals, paraffin wax, and petroleum coke. Furthermore, CPCL provides furnace oil, sulfur, light diesel, various extracts, and paving asphalt. The company also manufactures crucial feedstocks such as propylene, polybutene feedstock, methyl ethyl ketone feed, and linear alkyl benzene feedstock. Founded in 1965, the organization was originally known as Madras Refineries Limited, changing its name to Chennai Petroleum Corporation Limited in June 2000. Headquartered in Chennai, India, CPCL operates as a subsidiary of Indian Oil Corporation Limited.
Company Valuation
Based on key historical and expected multiples, the stock is greatly undervalued relative to its peers. In particular, the stock is underpriced on P/E, 'cheap' on EV/EBIT
Target Price
The average target price of CHENNPETRO.NS is 1265 and suggests 15.2% upside potential. Usually, this means a BUY recommendation among investment firms, or a recommendatio