Hindustan Oil 20% returns till now & Result Update

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Dear blog Readers,
                       Hindustan Oil Exploration Company stock recommended on 16/02/2017 at 75.

                       HOEC  made new 52 week high today 89.40 with 20% returns till now. Closed at 84.20 due to negative Global sentiments.

Hold for Long term target of 95,100,120.

Result Update :-
Hindustan Oil Exploration Company has announced Q4 Result today.

* Reported HOEC Q4
Profit At Rs 9.8 Cr Vs Loss Of Rs 1.8 Cr;

* Reported Revenue Rs 8 Cr Vs Rs 5.8 Cr & One-time Gain Rs 6.4 Cr Vs Rs 2.4 Cr (YoY)

* EPS 0.75 vs (-0.14)

Overall Result is Very Good.  Company became Loss to Profit making company. .

Major Turnaround can be expected in near Future.

Happy Investing. 

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