What is the future of IOC share?
What is the future of IOC share?
Analyst Future Growth Forecasts Revenue vs Market: IOC’s revenue (3.8% per year) is forecast to grow slower than the Indian market (11.4% per year). High Growth Revenue: IOC’s revenue (3.8% per year) is forecast to grow slower than 20% per year.
Will IOC share price go up?
Indian Oil Corporation Limited quote is equal to 70.400 INR at 2022-07-13. Based on our forecasts, a long-term increase is expected, the “IOC” stock price prognosis for 2027-07-12 is 80.955 INR. With a 5-year investment, the revenue is expected to be around +14.99%.
Is IOC a good buy for long term?
Motilal Oswal It is likely to benefit the most among its peers from an uptick in refining margin, further supported by a robust petchem margin in the near term. We value the stock at 1x FY24E P/BV to arrive at our target price of Rs 164, an upside of 32%. We maintain our Buy rating.
What will be the share price of IOC in 2025?
Share Price Target Of IOC
| Year | Target Of IOC |
|---|---|
| (Target-2) | Rs.274 |
| 2025(Target-1) | Rs.330 |
| (Target-2) | Rs.391 |
| 2030(Target-1) | Rs.783 |
Is IOCL stock undervalued?
IOC is one of the potential top 21% undervalued companies !
Are oil company stocks a good investment?
Oil and gas stocks can produce significant capital gains from share price appreciation and attractive dividend income during periods of high oil and gas prices. As crude oil prices rise, oil companies tend to generate gushers of cash.
Is IOC giving dividend in 2022?
Indian Oil Corporation Ltd. For the year ending March 2022 Indian Oil Corporation has declared an equity dividend of 114.00% amounting to Rs 11.4 per share. At the current share price of Rs 70.70 this results in a dividend yield of 16.12%.
What is the record date of IOC dividend?
The final dividend is in addition to the Interim Dividend(s) of Rs. 9.00 per share (pre-bonus) paid for the financial year 2021-22. The Board has fixed 1st July 2022 as record date to determine the eligibility of shareholders to receive bonus shares.
Which is better ONGC or IOC?
Synopsis. ONGC reported a 34 per cent jump in its 2018-19 fiscal profit to Rs 26,716 crore. New Delhi: ONGC, India’s top oil and gas producer, has toppled Indian Oil Corp (IOC) to regain crown of being the country’s most profitable public sector company.
Is IOCL undervalued?
Will the IOC stock price increase tomorrow?
If this Munafa value is near or nearing 100, then this stock might show an upward movement….Munafa value: 40 as on 13 Wed Jul 2022.
| Downside target | 69.08 |
|---|---|
| Upside target | 71.18 |
| Upside target | 71.23 |
| Upside target | 71.97 |
| Upside target | 73.28 |
Why IOC is going down?
#1 Pressure due to marketing margin In the fourth quarter of 2022, the marketing margin for IOC was down ₹ 2 per litre and it widened the company’s loss to ₹ 8.6 per litre. The first negative marketing margin was reported in March 2022 at ₹ 9.9 per litre.
Does IOCL have future?
“Indian Oil has planned ₹2 lakh crore investments in the next five to seven years to evolve into a future-ready corporate that provides comprehensive energy solutions to diverse user groups,” said IOCL chairman Sanjiv Singh.
When I get IOC bonus shares?
The Board has fixed July 1, 2022, as the record date to determine the eligibility of shareholders to receive bonus shares.”
Does 2021 give IOC dividends?
IOC Share Dividend. IOC has also declared a final dividend of Rs 3.60 per equity share (pre-bonus), which translates into a final dividend of Rs 2.40 per equity post-bonus for the financial year 2021-22. The final dividend is in addition to the interim dividend of Rs 9 per share (pre-bonus) paid earlier.
Will IOC give bonus share in 2022?
The company’s board of directors has recommended issue of bonus shares in the ratio of 1:2, i.e, for every two existing shares investors hold, one new bonus equity share will be issued. The board fixed Friday, July 1, 2022 as record date to determine the eligibility of shareholders to receive bonus shares.
How much dividend does IOC pay per year?
For the year ending March 2022 Indian Oil Corporation has declared an equity dividend of 114.00% amounting to Rs 11.4 per share. At the current share price of Rs 70.55 this results in a dividend yield of 16.16%. The company has a good dividend track report and has consistently declared dividends for the last 5 years.