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IG Petrochemicals Limited
Share Price Target & Analysis

NSE:IGPL

498.65

VWAP

503.85

Open

500.1

Close

505.95

High

489.95

Low

589.70

52 Week High

493.45 ⇩
-6.65 (-1.33%)

IGPL

(CHEMICALS)
48.6% Momentum

Turnaround Potential

402.50

52 Week Low

22.32

EPS

8.09

PE

1.23

PB

Economical
Quality

Silver
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 493.45, this results in a dividend yield of 2.03 %.

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 22.32. NSE:IGPL book value per share as of today is 399.62. The current price to book ratio for IGPL as of May 15, 2024 is 1.23.

Valuation of the Stock: The current valuation of IGPL stock is like Silver which means currently the stock is at Premium. 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 47.84% is very crucial parameter which shows that 47.84% investors are anticipating that the price of IGPL share should go up with VWAP at 498.65.

Now, the main question is whether to BUY or SELL, NSE:IGPL at current valuation.
As per latest Analysis No. #1396:-

⇑ 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 (May 15, 2024)

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

IG Petrochemicals Limited share price moved Down by -1.33% from its previous close of Rs 500.1. IGPL stock last traded price is 493.45. IGPL share price trend is Down with a total of 27639 stocks traded till now. It has touched an intraday high of Rs 505.95 and an intraday low of Rs 489.95. The IGPL trading at 493.45, Down by Rs. -6.65, or -1.33 percent which suggests that most of the Traders are anticipating that the price of IGPL share should go Down.

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 Down by -1.33%. IGPL share price short term trend is Down. It suggests that IGPL Share Price for Tomorrow remains the same with VWAP at 498.65 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

 493.45

IGPL Share Price Target Prediction for 2024 ^

 422 - 526.4

IGPL Share Price Target Prediction for 2025*^

 526.4 - 631.3

IGPL Share Price Target Prediction for 2026*^

 631.3 - 675.5

IGPL Share Price Target Prediction for 2027*^

 709

IGPL Share Price Target Prediction for 2028*^

 730

IGPL Share Price Target Prediction for 2030*^

 795
IGPL Current Book Value 2023
397.6

*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: @512.2

IGPL Moving Averages

BUY (12) NEUTRAL (0) SELL (2)
MA Simple Action S1 Expo Action E2
MA_5 516.87 SELL 514.46 SELL
MA_12 512.11 BUY 507.42 BUY
MA_20 498.69 BUY 498.83 BUY
MA_32 469.99 BUY 488.04 BUY
MA_50 469.1 BUY 482.74 BUY
MA_100 480.23 BUY 479.25 BUY
MA_200 480.55 BUY 482.97 BUY

IGPL Trend Oscillators

BUY (4) NEUTRAL (0) SELL (0)
Trend Oscillators Value Action
Bollinger Bands 498.69 Uptrend
MACD 0.22 BUY
ADX 29.41 Strong Trend
DMI (+/-) 24.29 / 15.82 Uptrend

IGPL Momentum Oscillators

BUY (4) NEUTRAL (5) SELL (3)
Momentum Oscillators Value Action
RSI 62.06 Neutral
STOCHASTIC_K (Fast) 17.81 Oversold
STOCHASTIC_D (Slow) 38.31 Neutral
CCI 7.7 Neutral
PSAR 507.76 BUY
TRUE RANGE 9.95 BUY
ATR 16.2 BUY
WILLIAMS R -37.54 Neutral
TRIX 0 Neutral
STOCHASTIC RSI K 5.84 Oversold
STOCHASTIC RSI D 16.39 Oversold
MOMENTUM 66.25 BUY

IGPL Last 1 Year Trend

Duration Value
1 Year 6.23%
3 Months 1.58%
1 Month 14.86%
1 Week -0.42%

IGPL Technical Analysis Summary

Updated on 2024-04-29
Action Overall (%)
BUY 67%
NEUTRAL / HOLD 17%
SELL 17%

Most popular Questions & Answers about IGPL


IG Petrochemicals Limited stock last traded price is 493.45. IGPL share price moved Down by -1.33% from its previous close of Rs 500.1.

IG Petrochemicals Limited share price trend is Down with a total of 27639 stocks traded till now. It has touched an intraday high of Rs 595.597 and an intraday low of Rs 489.95. The IGPL trading at 493.45, Down by Rs. -6.65, or -1.33 percent which suggests that most of the Traders are anticipating that the price of IGPL share should go Down and the Stop Loss will be around 498.65.

The market cap of IG Petrochemicals Limited is ₹2018.9 (in Cr) as of May 14, 2024.

The current price to earning ratio for IG Petrochemicals Limited as of May 14, 2024 is 8.09.

The current price to book ratio for IG Petrochemicals Limited as of May 14, 2024 is 1.23.

The highest price of IG Petrochemicals Limited stock is ₹589.70 in the last 52-week.

The lowest price of IG Petrochemicals Limited stock is ₹402.50 in the last 52-week.

IG Petrochemicals Limited share trading at ₹493.45, Down by Rs. -6.65, or -1.33 percent which suggests that most of the traders are anticipating that the price of IGPL share should go Down.

In 2023, Stock price target for IG Petrochemicals Limited (IGPL) are ₹422 on downside and ₹526.4 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 ₹526.4 on downside and ₹631.3 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 ₹631.3 on downside and ₹675.5 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 ₹730 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.

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 22.32. IG Petrochemicals Limited book value per share as of today is 399.62. The current price to book ratio for IGPL as of May 15, 2024 is 1.23.


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 2986.00 35.38 139.76
MANORG 367.80 4.16 324.78
GANESHBE 154.80 7.88 49.38
UPL 514.80 16.11 110.26
INDOBORAX 172.90 12.35 79.4
AARTIIND 621.45 11.53 146
DEEPAKNTR 2428.00 30.67 192.46
ATUL 5874.00 130.62 1728.63
FLUOROCHEM 3213.00 38.12 539.16
TATACHEM 1073.00 35.17 735.01
Updated at: 15 May 2024 15:48

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