IG Petrochemicals Limited
Share Price Target & Analysis

NSE:IGPL

524.43

VWAP

524.95

Open

523.45

Close

534.15

High

518.5

Low

727

52 Week High

524.85
1.40 (0.27%)

IGPL

(CHEMICALS)
37.7% Momentum

Turnaround Potential

402.5

52 Week Low

18.74

EPS

35.48

PE

1.3

PB

Economical
Quality

Gold
Valuation

#Analysis

NSE: IGPL Share Price Financial Analysis & Valuation

IG Petrochemicals Limited (IGPL) is broadly categorized in CHEMICALS segment industry which deals in Chemicals vertical. It is one of Small Cap company with Market Capitalization of Rs 2018.9 (in Cr). Total number of free float shares are 3.1 (in Lacs). IG Petrochemicals Limited is listed on NSE with Exchange ID - INE204A01010 and trading code is NSE:IGPL with short name IG Petro.

In the past 1 year, IG Petrochemicals Limited has declared an equity dividend of Rs 10 per share. At the current share price of IGPL at Rs 524.85, this results in a dividend yield of 1.91 %.

As per the Fundamental Analysis of NSE:IGPL, which uses revenues, earnings, future growth, financial ratios, return on equity, profit margins, and other data to determine IGPL underlying value and future prospects. All of this data is available in IGPL financial statements.

Quality of the Stock: As per the fundamental analysis of NSE:IGPL, it is clearly understood that IGPL is Economical performer in terms of earnings and profit margins with an EPS of 18.74. NSE:IGPL book value per share as of today is 402.47. The current price to book ratio for IGPL as of Nov 23, 2024 is 1.3.

Valuation of the Stock: The current valuation of IGPL stock is like Gold which means currently the stock is Overpriced. Now, it's totally depends upon the risk appetite of an investor and risk-reward ratio of IGPL whether to BUY this stock at current valuation. The delivery percentage of IGPL is 57.12% is very crucial parameter which shows that 57.12% investors are anticipating that the price of IGPL share should go up with VWAP at 524.43.

Now, the main question is whether to BUY or SELL, NSE:IGPL at current valuation.
As per latest Analysis No. #1698:-

STRONG BUY IGPL if All Greens

BUY IGPL (at Lower Levels) if any 2 Greens

NEUTRAL or HOLD IGPL (With Stop Loss) if only 1 Green

SELL IGPL if NO Green Indicator

NSE: IGPL Share Price Today (Nov 23, 2024)

(IG Petrochemicals Limited Daily Analysis on the basis of IGPL Intraday Graph & Trend)

IG Petrochemicals Limited share price moved Up by 0.27% from its previous close of Rs 523.45. IGPL stock last traded price is 524.85. IGPL share price trend is Up with a total of 19751 stocks traded till now. It has touched an intraday high of Rs 534.15 and an intraday low of Rs 518.5. The IGPL trading at 524.85, Up by Rs. 1.40, or 0.27 percent which suggests that most of the Traders are anticipating that the price of IGPL share should go Up.

NSE: IGPL Share Price Tomorrow Prediction

(IG Petrochemicals Limited Share Price Prediction for Tomorrow & future forecast is based on Current Trend of IGPL)

IG Petrochemicals Limited share price moved Up by 0.27%. IGPL share price short term trend is Up. It suggests that IGPL Share Price for Tomorrow remains the same with VWAP at 524.43 will be treated as stop loss for intraday traders. IG Petrochemicals Limited Long term investors can follow the IGPL long term trend as mentiond in future forecast table.

NSE Code

NSE: IGPL

IGPL Share Price Today

524.85

IGPL Share Price Target Prediction for 2024 ^

422 - 599.8

IGPL Share Price Target Prediction for 2025*^

599.8 - 778.3

IGPL Share Price Target Prediction for 2026*^

778.3 - 832.8

IGPL Share Price Target Prediction for 2027*^

874

IGPL Share Price Target Prediction for 2028*^

899

IGPL Share Price Target Prediction for 2030*^

980
IGPL Current Book Value 2023
400.5

*IG Petrochemicals Limited Short Term & Long Term share price target is based on current financial year earings of the company.

^IGPL share price target prediction for 2024 2025 & 2026 to 2030 is based on current market scenario, future forecast & growth assumptions, they might change subject to market sentiments.

IGPL Technical Analysis

Candlestick Pattern: @537.35

IGPL Moving Averages

BUY (0) NEUTRAL (0) SELL (14)
MA Simple Action S1 Expo Action E2
MA_5 563.28 SELL 556.22 SELL
MA_12 569.12 SELL 564.72 SELL
MA_20 562.83 SELL 567.67 SELL
MA_32 568.79 SELL 575.5 SELL
MA_50 589.23 SELL 582.58 SELL
MA_100 609 SELL 585.09 SELL
MA_200 550.01 SELL 562.34 SELL

IGPL Trend Oscillators

BUY (0) NEUTRAL (1) SELL (3)
Trend Oscillators Value Action
Bollinger Bands 562.83 Downtrend
MACD -0.64 SELL
ADX 20.53 NO or Weak Trend
DMI (+/-) 14.16 / 24.55 Downtrend

IGPL Momentum Oscillators

BUY (0) NEUTRAL (5) SELL (7)
Momentum Oscillators Value Action
RSI 38.53 Neutral
STOCHASTIC_K (Fast) 6.37 Oversold
STOCHASTIC_D (Slow) 18.4 Oversold
CCI -101.69 SELL
PSAR 601.7 SELL
TRUE RANGE 27.7 Neutral
ATR 26.45 Neutral
WILLIAMS R -72.94 Neutral
TRIX 0 Neutral
STOCHASTIC RSI K 0 Oversold
STOCHASTIC RSI D 0 Oversold
MOMENTUM -34.95 SELL

IGPL Last 1 Year Trend

Duration Value
1 Year 19.57%
3 Months -10.7%
1 Month -6.11%
1 Week -8.54%

IGPL Technical Analysis Summary

Updated on 2024-11-14
Action Overall (%)
BUY 0%
NEUTRAL / HOLD 20%
SELL 80%

Most popular Questions & Answers about IGPL


IG Petrochemicals Limited stock last traded price is 524.85. IGPL share price moved Up by 0.27% from its previous close of Rs 523.45.

IG Petrochemicals Limited share price trend is Up with a total of 19751 stocks traded till now. It has touched an intraday high of Rs 734.27 and an intraday low of Rs 518.5. The IGPL trading at 524.85, Up by Rs. 1.40, or 0.27 percent which suggests that most of the Traders are anticipating that the price of IGPL share should go Up and the Stop Loss will be around 524.43.

The market cap of IG Petrochemicals Limited is ₹2018.9 (in Cr) as of Nov 22, 2024.

The current price to earning ratio for IG Petrochemicals Limited as of Nov 22, 2024 is 35.48.

The current price to book ratio for IG Petrochemicals Limited as of Nov 22, 2024 is 1.3.

The highest price of IG Petrochemicals Limited stock is ₹727 in the last 52-week.

The lowest price of IG Petrochemicals Limited stock is ₹402.5 in the last 52-week.

IG Petrochemicals Limited share trading at ₹524.85, Up by Rs. 1.40, or 0.27 percent which suggests that most of the traders are anticipating that the price of IGPL share should go Up.

In 2023, Stock price target for IG Petrochemicals Limited (IGPL) are ₹422 on downside and ₹599.8 on upside. IG Petrochemicals Limited share price target is based on current financial year earings of the company.

In 2024, Stock price target for IG Petrochemicals Limited (IGPL) are ₹599.8 on downside and ₹778.3 on upside. IG Petrochemicals Limited share price target is based on forecasted future earnings of the company.

In 2025, Stock price target for IG Petrochemicals Limited (IGPL) are ₹778.3 on downside and ₹832.8 on upside. IG Petrochemicals Limited share price target is based on Discounted Cash Flow (DCF) method uses the projected future cash flows of the business.

In next five years, Stock price target for IG Petrochemicals Limited (IGPL) will be around ₹899 IG Petrochemicals Limited share price target is based on market scenario & growth assumptions, they might change subject to market sentiments and forecasted future earnings of IGPL.

The price of IG Petrochemicals Limited (IGPL) shares moved by 0.27%. The short-term trend for IGPL share price is Up. It implies that the share price of IGPL will stay the same tomorrow and that intraday traders should treat VWAP at 524.43 as a stop loss. Investors with a long-term outlook can track IGPL long-term trajectory, which is indicated in the future forecast table.

Estimated DCF Value of IGPL stock is 224.7. Compared to the current market price of 524.85 INR, the IGPL stock is Overvalued by 57.2%.

As per the fundamental analysis of IG Petrochemicals Limited (IGPL), it is of Economical quality in terms of earnings and profit margins with an EPS of 18.74. IG Petrochemicals Limited book value per share as of today is 402.47. The current price to book ratio for IGPL as of Nov 23, 2024 is 1.3.


NSE:IGPL News & Other Useful Information about IGPL Share Price


Peer Comparison of NSE: IGPL

The Peers list includes companies operating in the same industry and having comparable market cap.

Sector: Chemicals

Company Price EPS BV
PIDILITIND 2967.45 38.75 163.92
MANORG 473.60 7.3 329.53
GANESHBE 130.31 8.67 69.38
UPL 565.50 3.25 100.32
INDOBORAX 186.34 13.17 91.18
AARTIIND 430.85 12.38 145.99
DEEPAKNTR 2670.85 29 216.62
ATUL 7261.60 143.53 1728.63
FLUOROCHEM 3810.05 36.12 539.16
TATACHEM 1069.90 27.56 735.01
Updated at: 22 Nov 2024 15:40

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