Indian Oil Corporation (IOC) is India’s largest energy business, established in 1959. It is controlled by the Indian government and performs a variety of energy-related functions, including oil refining and transportation, gas and petroleum product sales, oil and gas production, and petrochemical manufacturing.
In fiscal year 2022-23, IOC earned ₹9,34,953 Crores with a net profit of ₹8,242 Crore.
As of December 2023, a share of Indian Oil Corporation Ltd costs ₹131.1. Indian Oil currently has 13,761,070,304 shares available on the market. This statistic is based on the company’s most recent financial reports and stock prices. So, by the end of 2023, Indian Oil would have 13,761,070,304 shares in total. We will give extensive information on IOC’s predicted share price in the following years.
IOC Share Price Target 2024, 2025, 2026,2027, 2028, 2029,2030, 2035
| Ioc Share Price Target | Price |
| Ioc Share Price Target 2024 | ₹149.10 |
| Ioc Share Price Target 2025 | ₹165.12 |
| Ioc Share Price Target 2026 | ₹199.38 |
| Ioc Share Price Target 2027 | ₹251.50 |
| Ioc Share Price Target 2028 | ₹302.27 |
| Ioc Share Price Target 2029 | ₹326.18 |
| Ioc Share Price Target 2030 | ₹380.00 |
| Ioc Share Price Target 2035 | ₹470.13 |
IOC Share Price Target 2024
Stock prices may climb somewhat by 2024 as a result of inflation and market factors. IOC’s share price is expected to reach ₹149.10 by the end of 2024, based on current market pricing and profitability.
| 2024 | Share Price Target |
| January | ₹139.11 |
| February | ₹140.13 |
| March | ₹142.59 |
| April | ₹123.31 |
| May | ₹146.23 |
| June | ₹133.49 |
| July | ₹135.99 |
| August | ₹125.54 |
| September | ₹133.59 |
| October | ₹152.12 |
| November | ₹151.14 |
| December | ₹149.10 |
IOC Share Price Target: 2025
By 2025, IOC’s share price might reach ₹165.12. Check out the month-by-month breakdown below.
| 2025 | Share Price Target |
| January | ₹159.19 |
| February | ₹141.15 |
| March | ₹133.21 |
| April | ₹145.00 |
| May | ₹160.10 |
| June | ₹158.02 |
| July | ₹156.24 |
| August | ₹163.08 |
| September | ₹160.44 |
| October | ₹169.06 |
| November | ₹169.03 |
| December | ₹165.12 |
IOC Share Price Target: 2026
By 2026, the price of Ioc shares may reach ₹199.38.
| Ioc Share Price Target 2026 | ₹199.38 |
IOC Share Price Target 2027
In 2027, the share value of Ioc may reach ₹251.50.
| Ioc Share Price Target 2027 | ₹251.50 |
IOC Share Price Target 2028
The projected price for Ioc shares in 2028 is ₹302.27.
| Ioc Share Price Target 2028 | ₹302.27 |
Target price for IOC shares in 2029
In 2029, the estimated share price for Ioc is ₹326.18.
| Ioc Share Price Target 2029 | ₹326.18 |
IOC Share Price Target: 2030
The projected price for IOC shares is ₹380.00 in 2030. In the next few years, we may expect growth in the Ioc share price, although it may be gradual owing to increased electricity demand and decreased oil usage. Still, oil may maintain its demand.
| Ioc Share Price Target 2030 | ₹380.00 |
IOC Share Price Target 2035
| Ioc Share Price Target 2035 | ₹470.13 |
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