IOC Share Price Target :- Indian Oil Corporation Limited (IOC), founded in 1959, is India’s largest oil refining and marketing company. A Fortune Global 500 entity, IOC operates under the Ministry of Petroleum and Natural Gas, playing a pivotal role in India’s energy landscape. With a vast network of refineries, pipelines, and marketing infrastructure, IOC covers the entire hydrocarbon value chain. It boasts refining capacities exceeding 80 million metric tonnes per annum and is actively involved in exploration, production, petrochemicals, and renewable energy. Committed to sustainability,
IOC spearheads initiatives in biofuels, solar, and wind power while championing environmental protection and social responsibility, contributing to India’s energy security and economic prosperity.
Indian Oil Corporation Limited Share Price Target
Indian Oil Corporation (IOC), established in 1959, stands as India’s foremost energy conglomerate, operating under government ownership. Engaged in diverse energy-related activities including oil refining, transportation, gas distribution, petroleum product sales, oil and gas production, and petrochemical manufacturing.
During the fiscal year 2022-23, IOC reported revenues of ₹9,34,953 Crores with a net profit of ₹8,242 Crores.
As of December 2023, the share price of Indian Oil Corporation Ltd stands at ₹131.1 per share. Presently, the market offers 13,761,070,304 shares of Indian Oil. These figures are derived from the company’s latest financial statements and stock market valuations, indicating a total share count of 13,761,070,304 by the end of 2023. Detailed insights into the projected Share price of IOC in upcoming years will be provided.
What is Indian Oil Corporation Limited ?
IOC stands for Indian Oil Corporation Limited. It is India’s largest oil refining and marketing company, established in 1959. IOC operates under the ownership of the Indian government and plays a crucial role in the country’s energy sector.
The company is involved in various activities related to energy, including oil refining, transportation, marketing of petroleum products, exploration and production of crude oil and gas, petrochemicals, and renewable energy sources. IOC has a vast network of refineries, pipelines, and marketing infrastructure across India and is actively involved in sustainable initiatives to promote environmental conservation and community development.
Company Profile
| Aspect | Details |
|---|---|
| Name | Indian Oil Corporation Limited (IOC) |
| Establishment | 1959 |
| Ownership | Government of India |
| Industry | Oil and Gas |
| Operations | Oil refining, transportation, marketing of petroleum products, exploration and production of crude oil and gas, petrochemicals, renewable energy sources |
| Refining Capacity | Exceeding 80 million metric tonnes per annum |
| Network | Refineries and pipelines across India, extensive marketing infrastructure |
| Sustainable Initiatives | Biofuels, solar energy, wind power projects |
| Community Development | Health, education, skill development initiatives in regions of operation |
| Commitment | Environmental protection, social responsibility |
| Contributions | Economic growth, energy security |
| Market Presence | Leading player in the Indian oil and gas sector, significant market share |
| Financial Performance | Annual revenues, profits, and market capitalization |
| Research and Development | Investments in technology and innovation for efficiency and sustainability |
| International Operations | Presence in international markets, overseas refineries, and partnerships |
| Awards and Recognition | Accolades for excellence in operations, sustainability, and corporate governance |
Fundamentals
| Fundamental Aspect | Details |
|---|---|
| Revenue Streams | Diverse range of activities across the oil and gas value chain, including refining, marketing, exploration, and production |
| Refining Capacity | Exceeds 80 million metric tonnes per annum |
| Market Presence | Dominant player in the Indian oil and gas sector, significant market share |
| Financial Performance | Evaluated based on annual revenues, profits, margins, and return on investment |
| Infrastructure | Vast network of refineries, pipelines, terminals, and marketing infrastructure across India |
| Sustainable Initiatives | Commitment to sustainability, initiatives to reduce environmental footprint, promote renewable energy, and contribute to social development |
| Regulatory Environment | Compliance with government regulations and standards related to safety, environmental protection, and quality control |
| International Operations | Presence in international markets through overseas refineries, subsidiaries, and joint ventures |
| Research and Development | Investment in R&D to innovate processes, products, and technologies, enhancing efficiency, reliability, and environmental performance |
| Customer Relationships | Building and maintaining strong relationships with customers, suppliers, and stakeholders to ensure satisfaction, supply chain reliability, and long-term success |
Indian Oil Corporation Limited Share Price Historical Chart
Indian Oil Corporation Limited Share Price Target 2024, 2025, 2026,2027, 2028, 2029,2030, 2035
| Ioc Share Price Target | Price |
| Ioc Share Price Target 2024 | ₹152.10 |
| Ioc Share Price Target 2025 | ₹170.12 |
| Ioc Share Price Target 2026 | ₹201.38 |
| Ioc Share Price Target 2027 | ₹256.50 |
| Ioc Share Price Target 2028 | ₹310.27 |
| Ioc Share Price Target 2029 | ₹331.18 |
| Ioc Share Price Target 2030 | ₹385.00 |
| Ioc Share Price Target 2035 | ₹475.13 |
Indian Oil Corporation Limited Share Price Target 2024
In 2024, we may witness a slight uptick in stock prices attributed to inflation and prevailing market trends. Considering the company’s current market pricing and profitability, it’s plausible to anticipate the individual share price of IOC to reach ₹149.10 by the conclusion of 2024.
| 2024 | Share Price Target |
|---|---|
| January | ₹139.11 |
| February | ₹151.13 |
| March | ₹148.59 |
| April | ₹123.31 |
| May | ₹146.23 |
| June | ₹133.49 |
| July | ₹135.99 |
| August | ₹119.54 |
| September | ₹145.59 |
| October | ₹152.12 |
| November | ₹151.14 |
| December | ₹152.10 |
Indian Oil Corporation Limited Share Price Target 2025
By 2025, It is estimated that one share price of IOC can cost up to ₹165.12. Find below month by month examine.
| 2025 | Share Price Target |
|---|---|
| January | ₹145.19 |
| February | ₹139.15 |
| March | ₹131 |
| April | ₹145.00 |
| May | ₹160.10 |
| June | ₹165.02 |
| July | ₹156.24 |
| August | ₹163.08 |
| September | ₹160.44 |
| October | ₹169.06 |
| November | ₹169.03 |
| December | ₹170.12 |
Indian Oil Corporation Limited Share Price Target 2026
By 2026, the price of Ioc share may rise to ₹199.38.
| Ioc Share Price Target 2026 | ₹201.38 |
Indian Oil Corporation Limited Share Price Target 2027
In 2027 we may see Ioc one share value may hit ₹251.50.
| Ioc Share Price Target 2027 | ₹256.50 |
Indian Oil Corporation Limited Share Price Target 2028
Ioc share price target in 2028 is expected to be ₹302.27 .
| Ioc Share Price Target 2028 | ₹310.27 |
IOC Share Price Target 2029
Ioc share price target in 2029 is expected to be ₹326.18
| Ioc Share Price Target 2029 | ₹331.18 |
Indian Oil Corporation Limited Share Price Target 2030
IOC share target price can be ₹380.00 in 2030. In coming years we can expect growth in the Ioc share price but growth may be slow due to rise of electricity usage and decrease of oil usage. Still oil may holds it’s demand.
| Ioc Share Price Target 2030 | ₹385.00 |
IOC Share Price Target 2035
| Ioc Share Price Target 2035 | ₹475.13 |
Indian Oil Corporation Limited Shareholding Pattern
- Promoters: 51.50%
- FII/FPI: 8.49%
- Mutual funds: 2.34%
- Institutional investors: 38.29%
- Public: 29.71%
Indian Oil Corporation Limited Competitors
- Reliance Industries Ltd: $113.6B
- Oil and Natural Gas Corp Ltd: $87.3B
- Bharat Petroleum Corp Ltd: $68.0B
- Hindustan Petroleum Corp Ltd: $59.4B
- Indian Oil Corporation Ltd: Rs 238719.53 Crore
Factors to Consider Before Investing in IOC
- Industry Outlook: Evaluate the current state and future prospects of the oil and gas industry, including factors such as global oil prices, demand-supply dynamics, and regulatory trends.
- Financial Performance: Analyze IOC’s financial statements, including revenue growth, profitability, debt levels, and cash flow. Look for consistent earnings and stable cash flows.
- Refining Capacity: Assess IOC’s refining capacity and utilization rates to gauge its ability to process crude oil efficiently and meet market demand for petroleum products.
- Marketing and Distribution Network: Evaluate the reach and effectiveness of IOC’s marketing and distribution network, including retail outlets, pipelines, and terminals, to understand its market penetration and competitiveness.
- Government Policies: Consider the impact of government policies and regulations on IOC’s operations, such as fuel pricing mechanisms, subsidy reforms, and environmental regulations.
- Competitive Position: Compare IOC’s market position with its peers in terms of market share, product offerings, and technological advancements to assess its competitive strength.
- Risk Factors: Identify and assess potential risks associated with IOC’s business, such as geopolitical tensions, commodity price volatility, regulatory changes, and environmental liabilities.
- Sustainability Initiatives: Consider IOC’s initiatives related to sustainability, renewable energy, and carbon emissions reduction to understand its long-term strategy and resilience in a changing energy landscape.
- Dividend Policy: Evaluate IOC’s dividend history, payout ratio, and future dividend prospects to assess its attractiveness as an income-generating investment.
- Long-Term Outlook: Take a long-term perspective on IOC’s prospects, considering factors such as energy transition trends, technological advancements, and geopolitical developments that could shape the company’s future performance.
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