Indian Oil Share Price Target: In this article, you will read about Indian Oil Share Price Target prediction for this year’s end and the upcoming years 2025, 2027, 2030, and 2035.
By the end of this article, you may get an idea about Indian Oil Corporation Ltd, and the expected share price target. We will do the analysis and predict whether the stock is best for long-term investment or not.
Indian Oil Overview :
Indian Oil Corporation Limited is an Indian oil and gas company under the ownership of the Ministry of Petroleum and Natural Gas, Government of India. IOC Headquarters is located in New Delhi, it was Founded in the year 30 June 1959 and it is a public sector undertaking whose operations are by the Ministry of Petroleum and Natural Gas. You can checkout their official website and profile from the below table.
| Name | Indian Oil Corporation Ltd |
| Symbol | IOC |
| Founded | 30 June 1959 |
| Headquarters | New Delhi |
| Country | India |
| Number of employees | 31,095 (2023) |
| Website | iocl.com |
| Profile | IOC. |
Shareholding Pattern of Indian Oil:
- Promoters. 51.51%
- Retail And Others. 29.98%
- Foreign Institutions. 8.84%
- Other Domestic Institutions. 7.92%
- Mutual Funds. 1.75%
Fundamentals of Indian Oil:
The market cap of Indian Oil is ₹2.30LCr. The Enterprise revenue is 0.42. And Earnings per share is ₹34.03. From the table below, you can get to know about the Price of the earnings Ratio (P/E), BOOK VALUE, Price to book (P/B), and many more like Dividend yield.
| Market Cap | 2.30LCr |
| Enterprise revenue | 0.42 |
| Enterprise EBITDA | 3.90 |
| Payout ratio | 23.51% |
| P/E ratio | 4.79 |
| Price / Sales | 0.29 |
| Price / Book | 1.34 |
| Book value | ₹121.22 |
| Total cash | 136.11B |
| Total cash per share | ₹9.89 |
| Free cashflow | – |
| Operating cashflow | – |
| Total debt | 1.15T |
| Debt / Equity | 67.50 |
| Total revenue | 7.82T |
| Revenue per share | ₹569.14 |
| Quarterly revenue growth | -2.80% |
| EBITDA margin | 10.83% |
| EBITDA | 846.78B |
| Gross profit | – |
| Gross margin | 17.22% |
| Earnings per share | ₹34.03 |
| 50 day average | ₹130.11 |
| 200 day average | ₹101.79 |
| Last split date | June 30, 2022 |
| Last split factor | 3:2 |
| Ex-Dividend date | November 10, 2023 |
| Forward annual dividend rate | ₹8.00 |
| Forward annual dividend yield | 4.91% |
| Five Year Avg Dividend Yield | 6.83 |
| % Held by insiders | 73.39% |
| % Held by Institutions | 12.93% |
Indian Oil Share Price NSE/BSE:
Indian Oil Shares were listed in the (NSE) National Stock Exchange and (BSE) Bombay Stock Exchange.
Indian Oil shares on NSE are trading at around 163.25 INR, each as of January 2024. Indian Oil shares on BSE are currently trading at 163.00 INR.
Indian Oil Share Price History:
| Year | Indian Oil | YOY Chg% | ↑High – ↓Low |
|---|---|---|---|
| 1997 | ₹19.28 | – | ↑ ₹24.31↓ ₹15.97 |
| 1998 | ₹11.84 | -38.6% | ↑ ₹22.50↓ ₹10.56 |
| 1999 | ₹14.12 | 19.2% | ↑ ₹18.06↓ ₹6.50 |
| 2000 | ₹7.69 | -45.6% | ↑ ₹16.78↓ ₹6.49 |
| 2001 | ₹7.24 | -5.9% | ↑ ₹10.22↓ ₹5.67 |
| 2002 | ₹13.24 | 82.8% | ↑ ₹14.72↓ ₹7.25 |
| 2003 | ₹38.08 | 187.6% | ↑ ₹38.82↓ ₹12.58 |
| 2004 | ₹42.76 | 12.2% | ↑ ₹48.35↓ ₹22.92 |
| 2005 | ₹46.40 | 8.5% | ↑ ₹47.42↓ ₹32.50 |
| 2006 | ₹37.50 | -19.2% | ↑ ₹51.83↓ ₹25.83 |
| 2007 | ₹66.19 | 76.5% | ↑ ₹67.49↓ ₹30.83 |
| 2008 | ₹35.52 | -46.4% | ↑ ₹67.42↓ ₹24.92 |
| 2009 | ₹51.05 | 43.7% | ↑ ₹65.83↓ ₹31.58 |
| 2010 | ₹57.17 | 11.9% | ↑ ₹76.48↓ ₹45.67 |
| 2011 | ₹42.29 | -26.1% | ↑ ₹60.00↓ ₹41.50 |
| 2012 | ₹44.96 | 6.3% | ↑ ₹48.63↓ ₹39.83 |
| 2013 | ₹35.68 | -20.7% | ↑ ₹62.50↓ ₹31.03 |
| 2014 | ₹55.27 | 54.9% | ↑ ₹68.48↓ ₹32.42 |
| 2015 | ₹71.44 | 29.2% | ↑ ₹77.57↓ ₹51.17 |
| 2016 | ₹108.55 | 51.9% | ↑ ₹111↓ ₹57.51 |
| 2017 | ₹129.47 | 19.2% | ↑ ₹154↓ ₹108 |
| 2018 | ₹91.40 | -29.5% | ↑ ₹142↓ ₹70.43 |
| 2019 | ₹83.77 | -8.4% | ↑ ₹113↓ ₹77.40 |
| 2020 | ₹60.63 | -27.7% | ↑ ₹85.50↓ ₹47.43 |
| 2021 | ₹74.37 | 22.6% | ↑ ₹94.50↓ ₹57.80 |
| 2022 | ₹76.50 | 2.8% | ↑ ₹90.67↓ ₹65.20 |
| 2023 | ₹129.85 | 69.7% | ↑ ₹133↓ ₹75.75 |
Indian Oil Expected Share Price Target:
| Year | Share Price Target (Minimum) | Share Price Target (Maximum) |
|---|---|---|
| 2024 | ₹160 | ₹200 |
| 2025 | ₹200 | ₹250 |
| 2026 | ₹250 | ₹300 |
| 2027 | ₹300 | ₹360 |
| 2030 | ₹500 | ₹600 |
| 2035 | ₹1000 | ₹1200 |
Also Consider Reading: Berger Paints Share Price Target.
Indian Oil Share Price Target 2024:
On the analysis we will get to know the Indian Oil share price target by 2024, the minimum price range of 160, and the maximum share price of 200. This range of amounts is based on the strategies of the company.
Indian Oil Share Price Target 2024 As Follows:
| Year | Target 1 | Target 2 |
| 2024 | 160 | 200 |
Indian Oil Share Price Target 2025:
The expected minimum range of Indian Oil share price target in 2025 is 200, and the maximum share price target is 250.
Indian Oil Share Price Target 2025 As Follows:
| Year | Target 1 | Target 2 |
| 2025 | 200 | 250 |
Indian Oil Share Price Target 2027:
The expected minimum range of Indian Oil share price target in 2027 is 300, and the maximum share price target is 360.
Indian Oil Share Price Target 2027 As Follows:
| Year | Target 1 | Target 2 |
| 2027 | 300 | 360 |
Indian Oil Share Price Target 2030:
Looking ahead to 2030 the expected minimum price range for Indian Oil shares is 500, and the maximum price range is 600.
Indian Oil Share Price Target 2030 As Follows:
| Year | Target 1 | Target 2 |
| 2030 | 500 | 600 |
Indian Oil Share Price Target 2035:
By the year 2035, the expected minimum range of Indian Oil share price is 1000, and the maximum price range is 1200.
Indian Oil Share Price Target 2035 As Follows:
| Year | Target 1 | Target 2 |
| 2035 | 1000 | 1200 |
Conclusion:
I hope you got clarity on the Indian Oil Share Price Target from 2024 to 2035. This is just the prediction; You need to analyze the graph to get an idea.
FAQ
1. What is the Indian Oil Share Price Target for 2024?
A: The expected price target for Indian Oil in 2024 is 160 to 200 per share.
2. What is the Indian Oil Share Price Target for 2025?
A: The expected price target for Indian Oil in 2025 is 200 to 250 per share.
3. What is the Indian Oil Share Price Target for 2027?
A: The expected price target for Indian Oil in 2027 is 300 to 360 per share.
4. What is the Indian Oil Share Price Target for 2030?
A: The expected price target for Indian Oil in 2030 is 500 to 600 per share.
5. What is the Indian Oil Share Price Target for 2035?
A: The expected price target for Indian Oil in 2035 is 1000 to 1200 per share.
Disclaimer: Dear people, we would like to inform you that we are not authorized by SEBI. The share price target for Indian Oil is provided for educational and informational purposes only. The price predictions will only be valid when the market sign is positive. We do not recommend anyone to buy, sell, or hold any stock. Investors should make their analysis or take suggestions from their financial advisers/experts before making any investments.
