NIFTY 22643.40 BANK 49424.05

Indian Oil Corporation Ltd.
Share Price Target & Analysis

NSE:IOC

176.18

VWAP

173.00

Open

171.55

Close

178.00

High

172.20

Low

196.80

52 Week High

176.75 ⇧
5.20 (3.03%)

IOC

(OIL & GAS)
83.1% Momentum

Trending & Favourite

78.15

52 Week Low

31.75

EPS

41.71

PE

1.9

PB

Deluxe
Quality

Iron
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 3 per share. At the current share price of IOC at Rs 176.75, this results in a dividend yield of 1.7 %.

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 31.75. NSE:IOC book value per share as of today is 93.14. The current price to book ratio for IOC as of Apr 29, 2024 is 1.9.

Valuation of the Stock: The current valuation of IOC stock is like Iron which means currently the stock is Inexpensive. 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 176.18.

Now, the main question is whether to BUY or SELL, NSE:IOC at current valuation.
As per latest Analysis No. #4415:-

⇑ 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 (Apr 29, 2024)

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

Indian Oil Corporation Ltd. share price moved Up by 3.03% from its previous close of Rs 171.55. IOC stock last traded price is 176.75. IOC share price trend is Up with a total of 40527426 stocks traded till now. It has touched an intraday high of Rs 178.00 and an intraday low of Rs 172.20. The IOC trading at 176.75, Up by Rs. 5.20, or 3.03 percent which suggests that most of the Traders are anticipating that the price of IOC share should go Up.

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 Up by 3.03%. IOC share price short term trend is Up. It suggests that IOC Share Price for Tomorrow remains the same with VWAP at 176.18 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

 176.75

IOC Share Price Target Prediction for 2024 ^

 157.1 - 248.9

IOC Share Price Target Prediction for 2025*^

 248.9 - 266.7

IOC Share Price Target Prediction for 2026*^

 266.7 - 287

IOC Share Price Target Prediction for 2027*^

 301

IOC Share Price Target Prediction for 2028*^

 312

IOC Share Price Target Prediction for 2030*^

 342
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: @166.4

IOC Moving Averages

BUY (5) NEUTRAL (0) SELL (9)
MA Simple Action S1 Expo Action E2
MA_5 169.76 SELL 169.15 SELL
MA_12 169.62 SELL 169.13 SELL
MA_20 167.01 SELL 169.03 SELL
MA_32 169.26 SELL 168.05 SELL
MA_50 172.74 SELL 164.9 BUY
MA_100 154.89 BUY 154.23 BUY
MA_200 121.66 BUY 131.06 BUY

IOC Trend Oscillators

BUY (1) NEUTRAL (1) SELL (2)
Trend Oscillators Value Action
Bollinger Bands 167.01 Downtrend
MACD 0.09 BUY
ADX 13.86 NO or Weak Trend
DMI (+/-) 22.86 / 30.78 Downtrend

IOC Momentum Oscillators

BUY (1) NEUTRAL (7) SELL (4)
Momentum Oscillators Value Action
RSI 47.05 Neutral
STOCHASTIC_K (Fast) 40.53 Neutral
STOCHASTIC_D (Slow) 57.85 Neutral
CCI -92.22 Neutral
PSAR 162.39 BUY
TRUE RANGE 7.5 SELL
ATR 5.42 SELL
WILLIAMS R -70.12 Neutral
TRIX 0 Neutral
STOCHASTIC RSI K 0 Oversold
STOCHASTIC RSI D 44.78 Neutral
MOMENTUM -6.5 SELL

IOC Last 1 Year Trend

Duration Value
1 Year 113.61%
3 Months 26.16%
1 Month -3.76%
1 Week -0.95%

IOC Technical Analysis Summary

Updated on 2024-04-15
Action Overall (%)
BUY 23%
NEUTRAL / HOLD 27%
SELL 50%

Most popular Questions & Answers about IOC


Indian Oil Corporation Ltd. stock last traded price is 176.75. IOC share price moved Up by 3.03% from its previous close of Rs 171.55.

Indian Oil Corporation Ltd. share price trend is Up with a total of 40527426 stocks traded till now. It has touched an intraday high of Rs 250.1965 and an intraday low of Rs 172.20. The IOC trading at 176.75, Up by Rs. 5.20, or 3.03 percent which suggests that most of the Traders are anticipating that the price of IOC share should go Up and the Stop Loss will be around 176.18.

The market cap of Indian Oil Corporation Ltd. is ₹115418 (in Cr) as of Apr 28, 2024.

The current price to earning ratio for Indian Oil Corporation Ltd. as of Apr 28, 2024 is 41.71.

The current price to book ratio for Indian Oil Corporation Ltd. as of Apr 28, 2024 is 1.9.

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 ₹78.15 in the last 52-week.

Indian Oil Corporation Ltd. share trading at ₹176.75, Up by Rs. 5.20, or 3.03 percent which suggests that most of the traders are anticipating that the price of IOC share should go Up.

In 2023, Stock price target for Indian Oil Corporation Ltd. (IOC) are ₹157.1 on downside and ₹248.9 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 ₹248.9 on downside and ₹266.7 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 ₹266.7 on downside and ₹287 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 ₹312 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 31.75. Indian Oil Corporation Ltd. book value per share as of today is 93.14. The current price to book ratio for IOC as of Apr 29, 2024 is 1.9.


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 2930.05 62.28 742.84
IOC 176.75 31.75 93.14
BPCL 618.80 133.35 239.88
HINDPETRO 505.30 106.26 195.36
MGL 1442.20 130.89 418.54
MRPL 250.45 24.92 56.11
CHENNPETRO 1040.60 182.07 577.05
GANDHAR 232.50 0 72.27
Updated at: 29 Apr 2024 16:03

Feel free to contact us, in case of any queries.

SITEMAP 4232
Disclaimer: Published information or data available on the Website may not be current or up to date and also any information or data available on this website may contain inaccuracies and/or typographical errors. Kindly refer any reliable source for its accuracy. If you select any of these stocks for your trades, you do so at your own risk.

Stocks to Watch Today

ADANIENT 3081.20 0.80 (0.03%) | ADANIGREEN 1806.85 0.20 (0.01%) | ADANIPORTS 1317.25 -7.35 (-0.55%) | ADANITRANS 1061.00 -1.85 (-0.17%) | AMBUJACEM 629.05 -3.30 (-0.52%) | APOLLOHOSP 5966.90 -291.70 (-4.66%) | ASIANPAINT 2868.20 24.05 (0.85%) | ATGL 919.05 -0.10 (-0.01%) | AUROPHARMA 1151.80 20.50 (1.81%) | AXISBANK 1159.25 28.95 (2.56%) | BAJAJ-AUTO 8760.10 -214.20 (-2.39%) | BAJAJFINSV 1595.65 -1.70 (-0.11%) | BAJFINANCE 6822.40 91.20 (1.35%) | BALKRISIND 2395.00 19.20 (0.81%) | BANDHANBNK 184.00 -0.20 (-0.11%) | BANKBARODA 272.70 4.65 (1.73%) | BEL 235.40 -3.55 (-1.49%) | BERGEPAINT 504.35 1.25 (0.25%) | BHARTIARTL 1332.45 6.45 (0.49%) | BIOCON 306.15 -0.25 (-0.08%) | BOSCHLTD 29287.15 409.95 (1.42%) | BPCL 618.80 9.35 (1.53%) | BRITANNIA 4799.85 -0.60 (-0.01%) | CADILAHC 947.40 -3.85 (-0.4%) | CIPLA 1408.00 -1.15 (-0.08%) | COALINDIA 453.75 -2.05 (-0.45%) | COLPAL 2823.80 -31.35 (-1.1%) | DABUR 506.70 -2.30 (-0.45%) | DIVISLAB 3990.00 -26.35 (-0.66%) | DLF 886.10 -21.90 (-2.41%) | DMART 4483.80 -69.35 (-1.52%) | DRREDDY 6271.00 18.90 (0.3%) | EICHERMOT 4571.85 -29.15 (-0.63%) | GAIL 209.55 1.50 (0.72%) | GLAND 1729.25 0.90 (0.05%) | GODREJCP 1218.05 15.55 (1.29%) | GRASIM 2389.50 47.05 (2.01%) | GUJGASLTD 552.00 0.60 (0.11%) | HAVELLS 1644.45 4.40 (0.27%) | HCLTECH 1387.40 -86.45 (-5.87%) | HDFC 2724.30 0.00 (0%) | HDFCAMC 3770.85 53.15 (1.43%) | HDFCBANK 1529.50 19.70 (1.3%) | HDFCLIFE 575.00 -12.85 (-2.19%) | HEROMOTOCO 4457.70 -33.90 (-0.75%) | HINDALCO 649.50 0.20 (0.03%) | HINDUNILVR 2226.10 3.45 (0.16%) | HINDZINC 423.80 2.20 (0.52%) | ICICIBANK 1160.15 52.25 (4.72%) | ICICIGI 1705.65 13.00 (0.77%) | ICICIPRULI 559.90 -6.35 (-1.12%) | INDIGO 3927.70 -7.65 (-0.19%) | INDUSINDBK 1487.25 40.85 (2.82%) | INDUSTOWER 352.00 -1.30 (-0.37%) | INFY 1434.75 4.50 (0.31%) | IOB 68.70 1.95 (2.92%) | IOC 176.75 5.20 (3.03%) | ITC 438.20 -1.80 (-0.41%) | JSWSTEEL 895.75 8.50 (0.96%) | KOTAKBANK 1640.40 31.90 (1.98%) | LT 3634.30 29.10 (0.81%) | LTI 4743.95 -44.10 (-0.92%) | LUPIN 1637.45 21.50 (1.33%) | M&M 2065.55 20.65 (1.01%) | MARICO 515.60 -2.25 (-0.43%) | MARUTI 12698.05 -5.30 (-0.04%) | MCDOWELL-N 1179.55 -19.40 (-1.62%) | MOTHERSUMI 130.80 -0.30 (-0.23%) | MUTHOOTFIN 1703.85 15.90 (0.94%) | NAUKRI 6068.90 172.05 (2.92%) | NESTLEIND 2504.50 21.75 (0.88%) | NMDC 254.80 -3.15 (-1.22%) | NTPC 363.00 7.00 (1.97%) | ONGC 283.20 0.30 (0.11%) | PEL 927.45 1.70 (0.18%) | PIDILITIND 3021.10 38.60 (1.29%) | PIIND 3744.65 -26.60 (-0.71%) | PNB 137.25 0.80 (0.59%) | POWERGRID 293.70 1.45 (0.5%) | RELIANCE 2930.05 24.95 (0.86%) | SAIL 164.80 -3.75 (-2.22%) | SBICARD 724.10 -26.35 (-3.51%) | SBILIFE 1422.70 7.45 (0.53%) | SBIN 826.50 25.20 (3.14%) | SHREECEM 24145.15 4.65 (0.02%) | SIEMENS 5776.65 28.15 (0.49%) | SRF 2636.25 -4.55 (-0.17%) | SUNPHARMA 1522.00 15.45 (1.03%) | TATACONSUM 1098.50 -4.15 (-0.38%) | TATAMOTORS 1000.60 1.10 (0.11%) | TATAMTRDVR 675.45 2.75 (0.41%) | TATASTEEL 167.40 1.60 (0.97%) | TCS 3870.20 48.85 (1.28%) | TECHM 1288.30 9.55 (0.75%) | TITAN 3604.85 20.05 (0.56%) | TORNTPHARM 2698.00 7.00 (0.26%) | ULTRACEMCO 9964.45 263.55 (2.72%) | UPL 506.55 -1.90 (-0.37%) | VEDL 406.30 9.75 (2.46%) | WIPRO 462.95 -1.65 (-0.36%) |