Ioc Share Price Target , Forecast & Prediction 2022 , 2023 , 2024 , 2025 & 2030

Ioc Share Price Target , Forecast & Prediction 2022 As of November 22, 2021, the current IOC share price on Monday is $ 26,120, and our data shows that the asset price has been in an uptrend over the past year (or since its inception). Under the current market scenario, the IOC share price is reaching new highs every day. At a current price of Rs 124.5, Indian Oil is trading at 19.18%, compared to the 200-day moving average.

You can learn more about the strength of momentum when evaluating stock price movements on Stockopedia. An important factor driving stock prices up is their track record.

Ioc Share Price Target , Forecast & Prediction 2022 , 2023 , 2024 , 2025 & 2030

When we see the technical analysis of the Indian Petroleum Corporation on the chart, we can see the end of the bearish trend that has been going on since the past months, and we can see the breakout and retest of the Indian Petroleum Corporation share price and hope for its continuation. an uptrend in a weekly time frame.

You may want to buy the stock tomorrow for the day with a stop loss of 123.4, for a target of 128.2 or 132.09. The IOC’s daily price action analysis based on near-term time frames is definitely negative. Analyzing price behavior over a longer period can give a better idea of ​​the effectiveness of this promotion.

Sellers have dominated the stock market this month and may continue to dominate the next few days. We believe these stocks are poised to enter the blue sky phase last seen during AF14-17, when a sharp drop in the oil price from $ 107 to $ 47-50 per barrel boosted the WTO’s marketing margin and profits.

We have increased our target value for HPCL by 43.9% to Rs 353 and for IOC slightly to Rs 137. We therefore reiterate our BUY recommendation for the shares with a revised target price of Rs. Analysts working with Indian Oil are currently projecting earnings per share (EPS) of 19,969 for the next fiscal year.

Analysis of Indian Oil (IOC) price movement based on short-term time frames is strongly negative. Indicator name Indicator value Indicator signal ADX 15, 34, 39 Sell MACD 2, 4 Sell Stochastic 6 Sell CCI -133 Sell RSI 55 Buy OBV -26429883 Sell VWAP 135 Sell ADL 0 Sell ROC -8 Sell Force Index 0 Sell price analysis in India Oil stocks ((IOC)) based on short-term time frames are definitely negative. The Short Term Volume Weighted Average Price (VWAP) is 134.99 and Indian Oil (IOC) is trading below that level.

As of September 2021, the founders of the company owned 51.50% of the capital of IOC without pledging any shares. For more information, see the IOC Company Fact Sheet and Quarterly Results. So here we are telling you how the stock price of Indian Petroleum Corporation has changed in recent years, and using a number of different tools, we will try to provide you with technical analysis for the years to come, which you can see below.

Here we are trying to predict a possible target that Indian Oil Corporation shares may surpass in the next few years. More detailed information about stocks is presented below: Detailed technical analysis using all indicators. The target price for NSE IOC Indian Oil Corporation Limited is set out below.

Emkay Global has repurchased Indian Oil Corporation shares with a target price of Rs 135. Emkay Global claims to value Indian Oil on a SoTP basis with a mixed 6x SE / 23E EV / EBITDA target for stand-alone business (unchanged) and investments at a 30% discount. holding at par. The broker said it is pricing Indian oil at 1.1 times its book value as of 23 September to reach its target price of Rs 157 and is sticking to the buy. However, Motilal Oswal is the most optimistic of the stock in terms of IOC price targets among the three brokers and has offered to buy the same stock with a robust 52% upside potential from the current market price of Rs 106.

The IOC share price depends on people’s trust in the company and confidence that the IOC price will not decline in the future, at least with very low margins. People are willing to invest in CIOs, so the stock price goes up.

Therefore, the higher the PE, the more expensive the stock. It is calculated by dividing the company’s price per share by its earnings per share. The price-to-earnings ratio (or price-to-earnings ratio) is one of the most commonly used valuation methods for stock market investors.

We value IOCL based on SOTP, with independent assets valued at INR 144. Per share, while investments in registered (valued at a 30% discount to market price) and unlisted companies are about Rs 32 per share.

Indian Petroleum Corporation (IOCL) is India’s leading national oil company. Its commercial interests cover the entire hydrocarbon value chain, from oil refining, pipeline transportation and marketing of petroleum products to the exploration and production of crude oil and natural gas, and marketing of natural gas and petrochemical products. The company was founded in 1959 and is headquartered in New Delhi, India. The company reported net income after tax for the most recent quarter of Rs 5,793.90 crore. Although the increase in EBITDA and marketing margins of petrochemicals led to a decline in GRM, Indian Petroleum Corporation (IOC)’s consolidated earnings per share in the second quarter of 22 increased by 3% year-on-year.

When we look at the chart to predict possible targets for 2022, we can set the first target at around Rs 133, and the second possible target for the same year at around Rs 150. This rise in stock prices in 2022 is the result of their investment in developing new technologies that are helping them now. Motilal Oswal, who has the highest goal for the CIO at Rs 157, says the company’s growth will be driven by various projects that will be commissioned over the next three years.

To avoid high raw material costs, ORL has raised prices for its Goregoan Elysian Phase-2 project by INR 500-1,000 per pound, with the intent to raise TSW prices after OC. To keep margins at this level, further price increases are required, which we are confident would be done.

Singapore’s GRM rose to $ 7.5 / bbl on Oct. 21 due to reduced production in China, auto fuel inventories in Asia and the US, and very high gas prices that boosted gas demand.

We believe that the recent rise in share prices has had a lot to do with its growth history, namely: (1) entering new markets outside the Mumbai metropolitan area; (2) focus on short cycle renovation projects; (3) strong brand appeal; (4) preferred developer in MMR markets; and (5) a solid balance sheet.

He also gives a buy recommendation for the IOC with a target price of Rs 140-145 with a stop loss of Rs 124. At this level, they trade 17.29% below the analyst’s consensus price target of 0.00.

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