If you want to know about the IOC Share Price Target from 2025, 2030, 3035, 2040 to 2050, then in today’s blog, we will discuss the IOC share price target. Along with this, you will get information about the company, fundamental and technical analysis, and many other important details about Indian Oil Corporation company shares. So, first, let’s learn about the company.
About IOC
Indian Oil Corporation Ltd (IOC) was established on 30 June 1959. It is a Maharatna company that operates under the Government of India. It is the largest oil refining and petroleum marketing company in India. The company primarily refines crude oil to produce petrol, diesel, kerosene, LPG, aviation fuel, bitumen, lubricants, and other petroleum products.
After refining, the company handles transportation through pipelines, enabling the transfer of petrol, LPG, and natural gas from one location to another. These products are then supplied to Indian Oil petrol pumps, where the company earns revenue by providing fuel services.
Along with petrol pumps, the company also operates CNG stations under the Indian Oil brand. IOC is also working on new technologies to develop environment-friendly fuels. It is focusing on options such as hydrogen fuel, ethanol-blended petrol, and biofuels.
IOC Financial Information
| Metric | Value |
|---|---|
| Market Cap | ₹1,85,708 Cr. |
| Stock PE | 19.1 |
| Industry PE | 22.0 |
| Sales | ₹7,61,485 Cr. |
| Sales Growth | -2.57% |
| ROCE | 21.1% |
| ROE | 25.7% |
| EPS | ₹7.52 |
| Debt to Equity | 0.90 |
| Debt | ₹1,63,401 Cr. |
| Div Yield | 9.12% |
| Book Value | ₹128 |
| Face Value | ₹10.0 |
| Profit Before Tax | ₹9,708 Cr. |
| Profit Growth | -79.3% |
IOC Fundamental Analysis
Indian Oil Corporation Ltd has a market cap of ₹1,85,708 Crore, making it a large-cap PSU stock. The stock has a PE ratio of 19.1, while the industry PE ratio is 22.0, indicating that the stock is undervalued based on PE.
The company’s sales stand at ₹7,61,485 Crore, but the sales growth is -2.57%, and profit growth is -79.3%. It is important to note that in oil refining companies, profits tend to fluctuate, sometimes being high and sometimes low.
The company’s ROCE is 21.1%, and ROE is 25.7%, both of which are quite good. Some companies focus more on paying dividends, and Indian Oil is one of them. The company has a dividend yield of 9.12%, making it a strong dividend-paying stock.
Overall, Indian Oil Corporation is a large-cap stock, meaning it falls into the category of safe stocks. Additionally, since the company provides good dividends, its share price is expected to show slow growth over time.
IOC Technical Analysis
IOC Share Price Target 2025
After analyzing the market, the IOC share price target for 2025 could be between a minimum of ₹125 and a maximum of ₹152. In the stock market, a slight crash was seen in March 2025, but now the market is recovering. In such a situation, a strong uptrend may be seen in Indian Oil Corporation’s share.
| Month | Price Target |
|---|---|
| January 2025 | ₹145.00 |
| February 2025 | ₹129.30 |
| March 2025 | ₹134.60 |
| April 2025 | ₹142.90 |
| May 2025 | ₹139.20 |
| June 2025 | ₹144.50 |
| July 2025 | ₹138.80 |
| August 2025 | ₹141.10 |
| September 2025 | ₹143.40 |
| October 2025 | ₹145.70 |
| November 2025 | ₹148.35 |
| December 2025 | ₹152.00 |
Read More: NBCC Share Price Target 2025, 2030, 2035, 2040, 2050
IOC Share Price Target 2026
According to technical analysis, the IOC share price target for 2026 could be between a minimum of ₹132 and a maximum of ₹167. IOC, or Indian Oil Corporation, is a company that provides good dividends, which results in slow growth in its share price. This time, on 12 July 2024, the company gave a ₹7 dividend, which is quite a good dividend.
| Month | Price Target |
|---|---|
| January 2026 | ₹132.00 |
| February 2026 | ₹135.10 |
| March 2026 | ₹138.20 |
| April 2026 | ₹141.30 |
| May 2026 | ₹144.40 |
| June 2026 | ₹147.50 |
| July 2026 | ₹150.60 |
| August 2026 | ₹153.70 |
| September 2026 | ₹156.80 |
| October 2026 | ₹159.90 |
| November 2026 | ₹163.45 |
| December 2026 | ₹167.00 |
IOC Share Price Target 2027
The IOC share price target for 2027 could be between a minimum of ₹149 and a maximum of ₹184. Indian Oil Corporation is actively working on increasing its refining capacity. For example, in Panipat, the capacity has been increased from 15 MMTPA to 25 MMTPA, and expansions are happening at multiple locations. This will help the company meet the growing energy demand.
| Month | Price Target |
|---|---|
| January 2027 | ₹149.00 |
| February 2027 | ₹152.10 |
| March 2027 | ₹155.20 |
| April 2027 | ₹158.30 |
| May 2027 | ₹161.40 |
| June 2027 | ₹164.50 |
| July 2027 | ₹167.60 |
| August 2027 | ₹170.70 |
| September 2027 | ₹173.80 |
| October 2027 | ₹176.90 |
| November 2027 | ₹180.45 |
| December 2027 | ₹184.00 |
IOC Share Price Target 2028
In 2028, the IOC share price target could be between a minimum of ₹163 and a maximum of ₹196. Apart from petrol refining, the company is also focusing on petrochemical expansion. For this, the company has planned to increase it from 6.1% to 15% by 2030. This could lead to good growth in IOC’s share.
| Month | Price Target |
|---|---|
| January 2028 | ₹163.00 |
| February 2028 | ₹166.00 |
| March 2028 | ₹169.00 |
| April 2028 | ₹172.00 |
| May 2028 | ₹175.00 |
| June 2028 | ₹178.00 |
| July 2028 | ₹181.00 |
| August 2028 | ₹184.00 |
| September 2028 | ₹187.00 |
| October 2028 | ₹190.00 |
| November 2028 | ₹193.00 |
| December 2028 | ₹196.00 |
IOC Share Price Target 2029
In 2029, IOC share price target is expected to range between a minimum of ₹185 and a maximum of ₹247. Along with refining and petrochemicals, IOC is also focusing on pipeline infrastructure expansion. IOC has the largest pipeline network in India, and now the company is planning to expand this network further from 19,500 km to 22,000 km.
| Month | Price Target |
|---|---|
| January 2029 | ₹185.00 |
| February 2029 | ₹190.20 |
| March 2029 | ₹195.40 |
| April 2029 | ₹200.60 |
| May 2029 | ₹205.80 |
| June 2029 | ₹211.00 |
| July 2029 | ₹216.20 |
| August 2029 | ₹221.40 |
| September 2029 | ₹226.60 |
| October 2029 | ₹231.80 |
| November 2029 | ₹239.40 |
| December 2029 | ₹247.00 |
IOC Share Price Target 2030
Industry analysts forecast that the IOC share price target for 2030 could range from a minimum of ₹268 to a maximum of ₹332, based on current market trends and projected growth. IOC holds a 13% market share and is among the top gas distribution companies in India.
The company is also working on city gas distribution projects. Overall, the company’s performance is quite strong, which could lead to a significant rise in the share price by 2030.
| Month | Price Target |
|---|---|
| January 2030 | ₹268.00 |
| February 2030 | ₹273.40 |
| March 2030 | ₹278.80 |
| April 2030 | ₹284.20 |
| May 2030 | ₹289.60 |
| June 2030 | ₹295.00 |
| July 2030 | ₹300.40 |
| August 2030 | ₹305.80 |
| September 2030 | ₹311.20 |
| October 2030 | ₹316.60 |
| November 2030 | ₹324.30 |
| December 2030 | ₹332.00 |
IOC Share Price Target 2035
By 2035, within a 10-year timeframe, the forecasted IOC share price target is between a minimum of ₹546 and a maximum of ₹567. By 2035, many things will change, as it will be the era of EVs. That’s why IOC has planned to set up 9,000+ EV charging stations, which will provide significant benefits to the company in the future.
| Month | Price Target |
|---|---|
| January 2035 | ₹546.00 |
| February 2035 | ₹548.10 |
| March 2035 | ₹550.20 |
| April 2035 | ₹552.30 |
| May 2035 | ₹554.40 |
| June 2035 | ₹556.50 |
| July 2035 | ₹558.60 |
| August 2035 | ₹560.70 |
| September 2035 | ₹562.80 |
| October 2035 | ₹564.90 |
| November 2035 | ₹566.00 |
| December 2035 | ₹567.00 |
IOC Share Price Target 2040
Looking ahead to 2040, the estimated IOC share price target is between a minimum of ₹778 and a maximum of ₹895. The company is also working on new technology and innovation, including R&D projects in nanotechnology, solar, bioenergy, and hydrogen fuel. IOC is already focusing on the future, which could lead to significant growth in its share price.
| Month | Price Target |
|---|---|
| January 2040 | ₹778.00 |
| February 2040 | ₹789.50 |
| March 2040 | ₹801.00 |
| April 2040 | ₹812.50 |
| May 2040 | ₹824.00 |
| June 2040 | ₹835.50 |
| July 2040 | ₹847.00 |
| August 2040 | ₹858.50 |
| September 2040 | ₹870.00 |
| October 2040 | ₹881.50 |
| November 2040 | ₹888.25 |
| December 2040 | ₹895.00 |
IOC Share Price Target 2045
By 2045, the IOC share price target is estimated to range from ₹1,242 to ₹1,436. Indian Oil Corporation is no longer focusing only on petroleum and refining but is also giving significant attention to green energy, EV infrastructure, petrochemicals, and pipeline expansion. In the next 10-20 years, the company has the potential to become a leader in its sector.
| Month | Price Target |
|---|---|
| January 2045 | ₹1,242.00 |
| February 2045 | ₹1,259.50 |
| March 2045 | ₹1,277.00 |
| April 2045 | ₹1,294.50 |
| May 2045 | ₹1,312.00 |
| June 2045 | ₹1,329.50 |
| July 2045 | ₹1,347.00 |
| August 2045 | ₹1,364.50 |
| September 2045 | ₹1,382.00 |
| October 2045 | ₹1,399.50 |
| November 2045 | ₹1,417.50 |
| December 2045 | ₹1,436.00 |
IOC Share Price Target 2050
In 2050, the share price target is predicted to be between ₹2,154 to ₹2,361. IOC is strongly focusing on the future, and if the company continues to perform well, it could become a leading company in India over the next 25 years. Even at that time, the company is expected to provide good dividends.
| Month | Price Target |
|---|---|
| January 2050 | ₹2,154.00 |
| February 2050 | ₹2,173.50 |
| March 2050 | ₹2,193.00 |
| April 2050 | ₹2,212.50 |
| May 2050 | ₹2,232.00 |
| June 2050 | ₹2,251.50 |
| July 2050 | ₹2,271.00 |
| August 2050 | ₹2,290.50 |
| September 2050 | ₹2,310.00 |
| October 2050 | ₹2,329.50 |
| November 2050 | ₹2,345.25 |
| December 2050 | ₹2,361.00 |
Here are IOC Share Price Target List:
| Year | Share Price Target |
|---|---|
| 2025 | ₹125 – ₹152 |
| 2026 | ₹132 – ₹167 |
| 2027 | ₹149 – ₹184 |
| 2028 | ₹163 – ₹196 |
| 2029 | ₹185 – ₹247 |
| 2030 | ₹268 – ₹332 |
| 2035 | ₹546 – ₹567 |
| 2040 | ₹778 – ₹895 |
| 2045 | ₹1,242 – ₹1,436 |
| 2050 | ₹2,154 – ₹2,361 |
Read More: SJVN Share Price Target 2025, 2026, 2030, 2040 to 2050
IOC Share Holding Patterns
| Date | Promoters | FIIs | DIIs | Government | Public |
|---|---|---|---|---|---|
| Mar 2017 | 57.34% | 5.36% | 11.68% | 0.11% | 25.51% |
| Mar 2018 | 56.98% | 6.16% | 10.33% | 0.11% | 26.43% |
| Mar 2019 | 52.18% | 7.04% | 13.72% | 0.11% | 26.95% |
| Mar 2020 | 51.50% | 7.19% | 13.40% | 0.11% | 27.80% |
| Mar 2021 | 51.50% | 5.81% | 12.98% | 0.11% | 29.60% |
| Mar 2022 | 51.50% | 8.36% | 11.32% | 0.11% | 28.71% |
| Mar 2023 | 51.50% | 6.91% | 11.92% | 19.60% | 10.06% |
| Mar 2024 | 51.50% | 8.49% | 10.23% | 19.57% | 10.18% |
| Dec 2024 | 51.50% | 7.43% | 10.08% | 19.57% | 11.39% |
This is IOC shareholding pattern. The stake of promoters, i.e., the President of India, was 57.34% in March 2017, which declined to 52.18% by March 2019. It decreased slightly but is now stable. FIIs held a 5.36% stake in March 2017, which increased to 8.36% by March 2022.
FIIs’ interest has fluctuated over time but is now somewhat stable. DIIs initially invested more but have reduced their holdings in recent years, while the government significantly increased its stake in 2023.
Public holding suddenly dropped in 2023, but retail participation is now increasing, indicating long-term interest in the stock. Overall, the government’s control over IOC remains strong, but institutional investors’ interest has slightly declined.
Is IOC share good for long-term?
Yes, IOC share is a good share for the long term because it is a Maharatna PSU stock. This means the company comes under the large-cap category, which makes it a relatively safer stock.
Also, IOC has strong fundamentals and can provide long-term benefits. However, returns in large-cap stocks are usually lower. So, before investing, do your own research.
Conclusion
So now you must have learned about the IOC share price target 2025 to 2050. Indian Oil Corporation is a large-cap stock, and since the company provides good dividends, its share price does not grow rapidly.
Therefore, if someone wants safe returns along with good dividends, IOC shares can be a great option. However, always do your own research before making any investment.
If you have any questions related to IOC, feel free to ask in the comment section. We will do our best to reply to your comments. Thank you!
Disclaimer: We are not SEBI-registered advisors. The information on this website is only for learning and should not be taken as financial or investment advice. The stock market has risks, so always do your own research or talk to a financial expert before investing. All Target Price and its team are not responsible for any loss caused by the information on this website.
FAQ About IOC Share Price Target
What is the future of IOC?
Indian Oil Corporation’s future looks very promising because the company has now installed 9,059 EV charging stations and is also investing in battery cell manufacturing. In this sector, the company has partnered with Panasonic.
What is the share price of IOC in 2016?
In 2016, IOC share price was trading around ₹74 to ₹105.
What is the future price of IOC in 2030?
In 2030, IOC future price target is predicted to be between ₹347 to ₹364.
What is the share price of IOCL in 2040?
In 2040, IOCL share price could reach between ₹878 to ₹895.
What is the target of Iocl in 2050?
IOCL share target for 2050 is predicted to be between ₹2154 to ₹2361.
Is IOC good for dividends?
Yes, IOC company gives very good dividends, and on 23 March 2025, Indian Oil Corporation’s Dividend Yield is 9.12%.
Who is promoter of IOC?
Indian Oil Corporation (IOC) promoters’ stake is with the President of India, meaning it is promoted through the Government of India.
Hi, my name is Harsh Yadav, and I welcome you to All Target Price (alltargetprice.com). On this website, research and analysis-based share price targets are created, meaning they are predicted, and we have 7 years of experience in the share market.
