Buy BOC India With Long Term Target Of Rs 703
Technical analyst Hitendra Vasudeo has maintained 'hold' rating on BOC India Limited stock with a target of Rs 475 and 703.
The analyst said that the stock can be purchased with a stop loss of Rs 165.
Mr. Vasudeo said that the said target can be attained within a year.
The stock of the company, on December 28, closed at Rs 326.90 on the Bombay Stock Exchange (BSE).
The share price has seen a 52-week high of Rs 346 and a low of Rs 172.10 on BSE.
Current EPS & P/E ratio stood at 7.00 and 47.16 respectively.
BOC India Limited (BOC India), an associate of the Linde Group works in two sections including Gases and Related Products and Project Engineering.
The Gases and Related Products section consists of gases in large quantities, packaged gases and associated products.
Project Engineering section consists of production and marketing of cryogenic and non cryogenic vessels, in addition to projecting, supplying, examining, erecting and commissioning of projects.