One of India’s largest oil marketing and refining enterprises is the Indian Oil Corporation. The company’s share price has always been a subject of curiosity for investors due to its significant presence in both the domestic and international markets. What is the share price target for Indian Oil Corporation? Can I buy IOC in March 2024?

To establish the prospective share price target for Indian Oil Corporation. between 2024 and 2030, we will examine the company’s financials, recent developments, and market trends in this article. So, let’s investigate and see if this stock is worthwhile to buy.

Below are the trading platforms that you can use to purchase Indian Oil Corporation shares:

➤ Zerodha

➤ Upstox

➤ Groww

➤ AngelOne

➤ ICICIDirect

Maximum Price

Minimum PriceMumbai Wealth Management

January 2026

243.07

186.98

February 2026

237.00

182.30

March 2026

241.74

185.95

April 2026

246.67

189.75

May 2026

244.23

187.87

June 2026

250.33

192.56

July 2026

245.42

188.79

August 2026

253.01

194.63

September 2026

258.07

198.52

October 2026

264.78

203.68

November 2026

271.40

208.77

December 2026

278.19

213.99

Maximum Price

Minimum Price

January 2027

280.97

216.13

February 2027

288.18

221.67

March 2027

299.41

230.32

April 2027

293.54

225.80

May 2027

284.99

219.23

June 2027

297.82

229.09

July 2027

291.98

224.60

August 2027

301.01

231.55

September 2027

311.54

239.65

October 2027

319.64

245.88

November 2027

327.64

252.03

December 2027

335.83

258.33

Maximum Price

Minimum Price

January 2028

342.54

263.49

February 2028

351.33

270.25

March 2028

365.03

280.79

April 2028

357.87

275.28

May 2028

347.45

267.27

June 2028

363.08

279.29

July 2028

355.96

273.82

August 2028

366.97

282.29

September 2028

379.82

292.17

October 2028

389.69

299.76

November 2028

399.43

307.26

December 2028

409.42

314.94Ahmedabad Investment

Maximum Price

Minimum Price

January 2029

417.61

321.24

February 2029

428.32

329.47

March 2029

445.02

342.32

April 2029

436.29

335.61

May 2029

423.59

325.84

June 2029

442.65

340.50

July 2029

433.97

333.82

August 2029

447.39

344.15

September 2029

463.05

356.19

October 2029

475.09

365.45

November 2029

486.96

374.59

December 2029

499.14

383.95

Maximum Price

Minimum Price

January 2030

509.12

391.63

February 2030

522.18

401.67

March 2030

542.54

417.34

April 2030

531.90

409.16

May 2030

516.41

397.24

June 2030

539.65

415.11

July 2030

529.07

406.98

August 2030

545.43

419.56

September 2030

564.52

434.25

October 2030

579.20

445.54

November 2030

593.68

456.68

December 2030

608.52

468.09

Throughout January 2030, IOC’s shares are projected to trade between ₹509.12 (maximum) and ₹391.63 (minimum), with February anticipating a range of ₹522.18 to ₹401.67Chennai Stock. March is likely to witness further increases, with prices ranging from ₹542.54 to ₹417.34. As the months progress, IOC’s share prices are expected to fluctuate, reaching a maximum of ₹608.52 and a minimum of ₹468.09 by December 2030.

As per our prediction, Indian Oil Corporation is expected to reach a maximum of ₹200.65 by the end of December 2024

IOC share price target for 2025 shows IOC could be trading ₹235.99 and ₹154.54. We do not think the Indian Oil Corporation may reach Rs. 500 by 2025.

Indian Oil Corporation has significant growth potential due to its dominant market position in the Indian oil and gas industry and its expansion into new sectors such as electric vehicle charging and renewable energy.

Indian Oil Corporation has shown a mixed financial performance in the last five years, with revenue growth fluctuating and net profit showing a decline in some years.

Several factors such as global crude oil prices, government policies, competition, and the Indian economy can affect the share price of Indian Oil Corporation.

Indian Oil Corporation has a good dividend history, with a high dividend payout ratio in some years.

It is recommended to conduct thorough research and analysis before investing in Indian Oil Corporation shares, as the market can be volatile.

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The decision to invest in Indian Oil Corporation shares depends on individual investment goals and market conditions. It is recommended to consult with a financial advisor before investing. According to our analysis, I would avoid investing in Indian Oil Corporation as of May 4, 2024.