BPCL may touch Rs 720: Kunal Bothra

Kunal Bothra, Head of Advisory at LKP is of the view that Bharat Petroleum Corporation may touch Rs 720.

Kunal Bothra, Head of Advisory at LKP told CNBC-TV18, " Bharat Petroleum Corporation (BPCL) has been showing some very good momentum, infact even when the market is consolidation, the stock is consolidating, it is in line with the market but I think the overall trend for BPCL is definitely intact."

"I feel BPCL could probably play the catch up game and I believe a jump of close to 5-6 percent from current levels is very much high probability. I am giving a stoploss of Rs 660 on BPCL with a target of Rs 720," he added.

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