Buy Hindustan Petroleum, target price Rs 544: Axis Securities

Axis Securities has issued a buy recommendation for Hindustan Petroleum Corporation, setting a target price of Rs 544. The current market price is Rs 410. The company, which operates in the Gas & Petroleum sector and has a market cap of Rs 87432.23 crore, reported a net profit of Rs 534.69 crore for the quarter ended 30-09-2024.