NIFTY 22475.85 BANK 48923.55

Indian Oil Corporation Ltd.
Share Price Target & Analysis

NSE:IOC

171.63

VWAP

174.80

Open

173.4

Close

174.90

High

169.40

Low

196.80

52 Week High

170.75 ⇩
-2.65 (-1.53%)

IOC

(OIL & GAS)
78.3% Momentum

Trending & Favourite

76.80

52 Week Low

28.06

EPS

27.30

PE

1.83

PB

Deluxe
Quality

Steel
Valuation

#Analysis

NSE: IOC Share Price Financial Analysis & Valuation

Indian Oil Corporation Ltd. (IOC) is broadly categorized in OIL & GAS segment industry which deals in Refineries vertical. It is one of Large Cap company with Market Capitalization of Rs 115418 (in Cr). Total number of free float shares are 947.9 (in Lacs). Indian Oil Corporation Ltd. is listed on NSE with Exchange ID - INE242A01010 and trading code is NSE:IOC with short name IOC.

Indian Oil Corporation Ltd. is a government-owned enterprise which is categorized as Public Sector Undertaking (PSU) or a Public Sector Enterprise.

Indian Oil Corporation Ltd. is also traded in Future & Options (Derivative segment of NSE).

In the past 1 year, Indian Oil Corporation Ltd. has declared an equity dividend of Rs 0 per share. At the current share price of IOC at Rs 170.75, this results in a dividend yield of 0 %.

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

Quality of the Stock: As per the fundamental analysis of NSE:IOC, it is clearly understood that IOC is Deluxe performer in terms of earnings and profit margins with an EPS of 28.06. NSE:IOC book value per share as of today is 93.14. The current price to book ratio for IOC as of May 03, 2024 is 1.83.

Valuation of the Stock: The current valuation of IOC stock is like Steel which means currently the stock is Moderately Priced. Now, it's totally depends upon the risk appetite of an investor and risk-reward ratio of IOC whether to BUY this stock at current valuation. The delivery percentage of IOC is 54.07% is very crucial parameter which shows that 54.07% investors are anticipating that the price of IOC share should go up with VWAP at 171.63.

Now, the main question is whether to BUY or SELL, NSE:IOC at current valuation.
As per latest Analysis No. #4459:-

⇑ STRONG BUY IOC if All Greens

⇗ BUY IOC (at Lower Levels) if any 2 Greens

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

⇘ SELL IOC if NO Green Indicator

NSE: IOC Share Price Today (May 03, 2024)

(Indian Oil Corporation Ltd. Daily Analysis on the basis of IOC Intraday Graph & Trend)

Indian Oil Corporation Ltd. share price moved Down by -1.53% from its previous close of Rs 173.4. IOC stock last traded price is 170.75. IOC share price trend is Down with a total of 30968452 stocks traded till now. It has touched an intraday high of Rs 174.90 and an intraday low of Rs 169.40. The IOC trading at 170.75, Down by Rs. -2.65, or -1.53 percent which suggests that most of the Traders are anticipating that the price of IOC share should go Down.

NSE: IOC Share Price Tomorrow Prediction

(Indian Oil Corporation Ltd. Share Price Prediction for Tomorrow & future forecast is based on Current Trend of IOC)

Indian Oil Corporation Ltd. share price moved Down by -1.53%. IOC share price short term trend is Down. It suggests that IOC Share Price for Tomorrow remains the same with VWAP at 171.63 will be treated as stop loss for intraday traders. Indian Oil Corporation Ltd. Long term investors can follow the IOC long term trend as mentiond in future forecast table.

NSE Code

NSE: IOC

IOC Share Price Today

 170.75

IOC Share Price Target Prediction for 2024 ^

 148 - 231.5

IOC Share Price Target Prediction for 2025*^

 231.5 - 247.3

IOC Share Price Target Prediction for 2026*^

 247.3 - 265.3

IOC Share Price Target Prediction for 2027*^

 279

IOC Share Price Target Prediction for 2028*^

 287

IOC Share Price Target Prediction for 2030*^

 314
IOC Current Book Value 2023
92.7

*Indian Oil Corporation Ltd. Short Term & Long Term share price target is based on current financial year earings of the company.
^IOC 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.

IOC Technical Analysis

Candlestick Pattern: @176.75

IOC Moving Averages

BUY (14) NEUTRAL (0) SELL (0)
MA Simple Action S1 Expo Action E2
MA_5 171.07 BUY 172.26 BUY
MA_12 169.95 BUY 170.48 BUY
MA_20 170.11 BUY 169.98 BUY
MA_32 168.64 BUY 169.02 BUY
MA_50 171.71 BUY 166.53 BUY
MA_100 159.92 BUY 157.16 BUY
MA_200 125.09 BUY 134.39 BUY

IOC Trend Oscillators

BUY (3) NEUTRAL (1) SELL (0)
Trend Oscillators Value Action
Bollinger Bands 175.24 OverBought
MACD 0.57 BUY
ADX 10.32 NO or Weak Trend
DMI (+/-) 32.71 / 22.33 Uptrend

IOC Momentum Oscillators

BUY (8) NEUTRAL (4) SELL (0)
Momentum Oscillators Value Action
RSI 60.03 Neutral
STOCHASTIC_K (Fast) 83.47 Overbought
STOCHASTIC_D (Slow) 71.47 Neutral
CCI 225.58 BUY
PSAR 162.2 BUY
TRUE RANGE 6.45 Neutral
ATR 5.14 BUY
WILLIAMS R -7.91 Overbought
TRIX 0 Neutral
STOCHASTIC RSI K 100 Overbought
STOCHASTIC RSI D 95.03 Overbought
MOMENTUM 9.3 BUY

IOC Last 1 Year Trend

Duration Value
1 Year 125.3%
3 Months 19.39%
1 Month 5.55%
1 Week 3.42%

IOC Technical Analysis Summary

Updated on 2024-04-29
Action Overall (%)
BUY 83%
NEUTRAL / HOLD 17%
SELL 0%

Most popular Questions & Answers about IOC


Indian Oil Corporation Ltd. stock last traded price is 170.75. IOC share price moved Down by -1.53% from its previous close of Rs 173.4.

Indian Oil Corporation Ltd. share price trend is Down with a total of 30968452 stocks traded till now. It has touched an intraday high of Rs 232.669 and an intraday low of Rs 169.40. The IOC trading at 170.75, Down by Rs. -2.65, or -1.53 percent which suggests that most of the Traders are anticipating that the price of IOC share should go Down and the Stop Loss will be around 171.63.

The market cap of Indian Oil Corporation Ltd. is ₹115418 (in Cr) as of May 02, 2024.

The current price to earning ratio for Indian Oil Corporation Ltd. as of May 02, 2024 is 27.30.

The current price to book ratio for Indian Oil Corporation Ltd. as of May 02, 2024 is 1.83.

The highest price of Indian Oil Corporation Ltd. stock is ₹196.80 in the last 52-week.

The lowest price of Indian Oil Corporation Ltd. stock is ₹76.80 in the last 52-week.

Indian Oil Corporation Ltd. share trading at ₹170.75, Down by Rs. -2.65, or -1.53 percent which suggests that most of the traders are anticipating that the price of IOC share should go Down.

In 2023, Stock price target for Indian Oil Corporation Ltd. (IOC) are ₹148 on downside and ₹231.5 on upside. Indian Oil Corporation Ltd. share price target is based on current financial year earings of the company.

In 2024, Stock price target for Indian Oil Corporation Ltd. (IOC) are ₹231.5 on downside and ₹247.3 on upside. Indian Oil Corporation Ltd. share price target is based on forecasted future earnings of the company.

In 2025, Stock price target for Indian Oil Corporation Ltd. (IOC) are ₹247.3 on downside and ₹265.3 on upside. Indian Oil Corporation Ltd. 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 Indian Oil Corporation Ltd. (IOC) will be around ₹287 Indian Oil Corporation Ltd. share price target is based on market scenario & growth assumptions, they might change subject to market sentiments and forecasted future earnings of IOC.

As per the fundamental analysis of Indian Oil Corporation Ltd. (IOC), it is of Deluxe quality in terms of earnings and profit margins with an EPS of 28.06. Indian Oil Corporation Ltd. book value per share as of today is 93.14. The current price to book ratio for IOC as of May 03, 2024 is 1.83.


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


Peer Comparison of NSE: IOC

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

Sector: Refineries

Company Price EPS BV
RELIANCE 2871.00 62.28 742.84
IOC 170.75 28.06 93.14
BPCL 629.85 133.35 239.88
HINDPETRO 534.30 106.26 195.36
MGL 1429.10 130.89 418.54
MRPL 251.50 24.92 56.11
CHENNPETRO 1017.00 182.07 577.05
GANDHAR 227.30 0 72.27
Updated at: 03 May 2024 15:29

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