If you are looking for “ Indian Oil Corporation share price targets” for upcoming years, you are in the right place. Before we dive into Indian Oil Corporation Ltd. stock price targets, Let’s understand the Indian Oil Corporation background, technical fundamentals etc.
About Indian Oil Corporation Ltd.
Indian Oil Corporation Ltd. is a state-owned oil and gas company and is the largest commercial oil company in India. The company was established in 1959 and is headquartered in New Delhi, India.
Fundamentals of Indian Oil Corporation Ltd.
Let’s look at the fundamentals of Indian Oil Corporation, based on which we can get a clear understanding of the expertise in the Refineries sector.
- Current Market Cap: The current market cap of Indian Oil Corporation as of 2/18/2023, is ₹ 1,12,687.48
- P/E Ratio: The current price-to-earning ratio of Indian Oil Corporation is 26.8
- Sales Growth: Sales growth in the last 1 year for Indian Oil Corporation is 58.93 %
- Profit Growth: Profit growth is around 18.22 % in the last 1 year
Indian Oil Corporation Ltd. Share Price Target Details
We have done a complete analysis of Indian Oil Corporation and have come up with its share price targets for upcoming years.
Indian Oil Corporation’s Current Share Price is ₹80
Note: These price targets for “Indian Oil Corporation” are only for reference purposes. This prediction is only if there are positive market sentiments; any uncertainties in the company or global market condition is not covered in this analysis.
Year | Indian Oil Corporation Share Price Targets (₹) |
---|---|
2023 | 87 |
2024 | 94 |
2025 | 101 |
2026 | 126 |
2027 | 151 |
2028 | 176 |
2029 | 201 |
2030 | 226 |
Indian Oil Corporation share price target 2023
After analysing the chart deeply by taking the monthly time frame analysis on the trading view chart of Paytm we found
The target share price of Indian Oil Corporation for the year 2023 will be ₹87
Indian Oil Corporation share price target 2024
The target share price of Indian Oil Corporation for the year 2024 will be ₹94
Indian Oil Corporation share price target 2025
The target share price of Indian Oil Corporation for the year 2025 will be ₹101
Indian Oil Corporation share price target 2026
The target price of Indian Oil Corporation for the year 2026 will be ₹126
Indian Oil Corporation share price target 2027 to 2030
The target share price of Indian Oil for the years 2027, 2028, 2029, and 2030 will be ₹151, ₹176, ₹201, and ₹226 respectively.