IOC Share Price: Stock Analysis, History, and Forecast

The petroleum prices are always rising and there are a few chances of facing loss by investing in such stocks. Indian Oil Corporation is one of the organizations by the Indian Government that one can invest in. The IOC shares have been performing extremely well in the last few months. The stocks prices are also likely to grow in the future. This could benefit the investors to gain better returns on their investments. 

If you are looking to invest in the IOCL shares, you should be aware of the Indian Oil Corporation share price, the history of IOC stocks, IOC share price target for the future, its current and past performances, and more. We have accumulated the information in this write-up to make your IOC share investments easy and secure.

IOC Share Price Today

Tabulated below is the data and performance of IOC Share Price today:

Note – The above data of IOC share price today is mentioned as per the data available on 29th March 2022.  

IOC Share Price NSE

Live IOC Share Price NSE – ₹ 120.35

Previous Close – ₹ 119.95

Opening Price – ₹ 120.30

High – ₹ 121.30

Low – ₹ 119.65

IOC Share Price BSE

Live IOC Share Price BSE – ₹ 410.30

Previous Close – ₹ 413.40

Opening Price – ₹ 414.15

High – ₹ 415.20

Low – ₹ 407.65

IOC Historical Share Price

The performance of IOC share price has shown tremendous growth in the last 5 years. The IOCL shares have seen a surge in the last few days, which can be seen in their prices. The history of Indian Oil share is mentioned below on a monthly basis from January 2018 to December 2021 determining its growth over the last few years:

Summary:

• Highest – ₹ 386.45
• Lowest – ₹ 60.45
• Difference – ₹ 326.00
• Average – ₹ 200.40
• Chg. % – 3.33

IOC Share Price Target Forecast

The IOC share price target for 2022 and 2023 is mentioned below:

IOC Company Information

IndianOil Corporation Limited is an Indian Government-based, diversified company in the field of gas, oil, petroleum, and other energy resources. The corporation was founded in 1959 and has been operating since then. The corporation is headquartered in Delhi and accounts for nearly 50% of the petroleum needs in India. The corporation deals in the segments of the refinery, pipelines, research and development, petrochemicals, marketing, natural gas, cryogenics, explosives, along with exploration and production.

Objectives:

The objectives of the Indian Oil Corporation are as follows:

• Serve the nation with related oil needs and other similar sectors in accordance with the policies of the Government.
• Smooth and continuous supply of petroleum oil by the production and marketing.
• Providing assistance to the consumers for the efficient use of petroleum products. 
• Increasing India’s sufficiency in the refining of crude oil.
• Build expertise in the country to lay out pipelines for crude and petroleum products. 
• To create a concrete base for research and development for next-generation crude and petroleum products. 
• Making the most of refining capacity to maximize the gross refining margin and distillate yield. 
• Maximizing the use of existing facilities and technologies for efficient and increased production of goods. 
• Earning a reasonable and right amount of investment.
• Minimizing the fuel consumption among consumers.
• To minimize the loss of hydrocarbons in the refineries and stocks in marketing operations.
• Developing eco-friendly as well as techno-economically feasible crude and petroleum products.

Core Values:

• Infusing new-age dynamism in the employees of IOC.
• Care for the product, environment, and consumers.
• Innovation in the crude and petroleum products. 
• Passion to offer the best of eco-friendly and dynamic products.

Segments of Indian Oil Corporation

• Refining – The strength of IndianOil comes from its experience managing India’s largest refinery network and adapting to a variety of refining procedures along the route. India’s ambitious growth strategy includes capacity expansion, de-bottlenecking, bottom-upgrading, and quality-upgrading.
• Pipelines – IndianOil operates the crude oil, petroleum product, and gas pipeline network with a total length of almost 15,000 kilometres and a throughput capacity of 94.56 million metric tonnes of oil per year and 21.69 million metric standard cubic metres per day. In the 2020-21 fiscal year, IndianOil, a pioneer in the country’s oil pipelines and manager of one of the world’s largest oil pipeline networks, achieved a throughput of 76.019 million metric tonnes.
• Research and Development – The state-of-the-art R&D facilities are housed on a spacious 65-acre campus on the outskirts of the National Capital in Faridabad, Haryana. Experienced researchers and scientists have access to an incredible assortment of cutting-edge equipment 24 hours a day, 7 days a week.
• Petrochemicals – IndianOil has highlighted petrochemicals as a key driver of future growth. At the Gujarat Refinery, IndianOil has built a world-scale Linear Alkyl Benzene (LAB) facility, as well as a Paraxylene/Purified Terephthalic Acid (PX/PTA) plant in Panipat. At Panipat, there is also a Naphtha Cracker complex along with downstream polymer plants in operation. In Paradip, Odisha, IndianOil recently opened a Polypropylene factory.
• Marketing – With over 50,000 marketing contact points, IndianOil boasts one of Asia’s largest petrol marketing and distribution networks. Its ubiquitous petrol stations may be found across the Indian subcontinent in a variety of terrains and locations. Sixteen State Offices and nearly 100 regional executive offices handle the country’s marketing efforts.
• Natural Gas – IndianOil began selling natural gas in 2004 and has since grown to become India’s second largest natural gas market participant. The Corporation has been steadily expanding its LNG sourcing, import terminals, pipelines, city gas distribution networks, and LNG at the Doorstep service along the Natural Gas value chain. The “LNG at Doorstep” project aims to provide LNG to clients who do not have access to a gas pipeline.
• Explosives – IndianOil is the country’s first and largest supplier of a large volume of explosives and blast-related services.
• Cryogenics – The company provides a wide range of solutions for protracted cryogenic preservation of biological materials, as well as for usage in industries, labs, and oilfield applications. IndianOil, a world leader with almost four decades of expertise in cryogenic and vacuum engineering, serves diverse sectors such as Refineries, Lubricants, Chemicals, Animal Husbandry, Aviation, Gas, and others through specialised and custom-built product lines.
• E&P — In order to increase upstream integration, IndianOil has been investigating exploration and production activities both within and beyond the country in collaboration with consortium partners. With a holding in 12 domestic and overseas blocks, IndianOil has acquired a substantial portfolio of oil and gas assets.

Management of Indian Oil Corporation

Being one of the largest petroleum and crude oil corporations, Indian Oil has one of the best teams in the country. The management and its member are tabulated below:

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IOC Stock Shareholding Pattern

The below-mentioned IOCL shareholding pattern data is as per the information available till December 2021. 

Indian Oil Corporation Company Location

• Headquarter Address – Indian Oil Bhavan, G-9, Ali Yavar Jung Marg, Bandra (East), Mumbai, Maharashtra, India, Pincode – 400051
  • Contact Number: 26447327, 26447150
  • Email: Investors@indianoil[dot]in

IOC Share Background

• Industry Name: Diversified
• House Name: Vedanta Group
• Incorporation Date: 25/06/1965
• Face Value: 1.0
• ISIN: INE205A01025
• Market Lot: 1

Indian Oil Corporation Capital Structure

The capital structure of IndianOil share from the year 2000 to 2021 is mentioned in the table below:

IOC Share Dividends

Below tabulated is the data of interim and final IOC share dividend from the year 2011 to February 2022.  

Company Performance

For all the months of 2017, 2018, 2019, 2020, and 2021, the data of IOC share is mentioned in the table below:

Rupees (Rs.) — In Crores

Indian Oil Corporation Stock Returns in 2020 and 2021

Summary Of IOC Share Price In 2020 And 2021

• Highest – ₹ 386.45
• Lowest – ₹ 60.45
• Difference – ₹ 326.00
• Average – ₹ 193.27
• Chg. % – 123.38

Indian Oil Corporation Listings and Indices

Key Dates

Incorporation Date: 30/06/1959

Year Ending Month: March

AGM Month: August

Listing Information

Face Value: 10.0

Market Lot Of Equity Shares: 1

BSE Code: 530965

BSE Group: A

IOC Stock Indices

• NIFTY 100
• NIFTY 100 Low Volatility 30
• NIFTY 200
• NIFTY 50
• NIFTY 50 Equal Weight
• NIFTY 500
• NIFTY 500 Multicap 50:25:25 Index
• NIFTY Commodities
• NIFTY Energy
• NIFTY India Manufacturing Index
• NIFTY Infrastructure
• NIFTY LargeMidcap 250
• NIFTY Low Volatility 50
• NIFTY Oil & Gas
• NIFTY PSE
• NIFTY100 Equal Weight
• S&P BSE 100
• S&P BSE 100 LargeCap TMC Index
• S&P BSE 200
• S&P BSE 250 LargeMidCap Index
• S&P BSE 500
• S&P BSE AllCap
• S&P BSE Bharat 22 Index
• S&P BSE Carbonex
• S&P BSE CPSE
• S&P BSE Dividend Stability Index
• S&P BSE Dollex – 100
• S&P BSE Dollex – 200
• S&P BSE Energy
• S&P BSE Enhanced Value
• S&P BSE LargeCap
• S&P BSE LargeMidCap
• S&P BSE Oil & Gas
• S&P BSE PSU
• S&P BSE SENSEX Next 50

Company Also Listed On The Following:

• Bangalore Stock Exchange Ltd.
• Calcutta Stock Exchange Association Ltd.
• Cochin Stock Exchange Ltd.
• Delhi Stock Exchange Assoc. Ltd.
• Ludhiana Stock Exchange Assoc. Ltd.
• Madras Stock Exchange Ltd.,
• MCX Stock Exchange
• National Stock Exchange of India Ltd.
• Over The Counter Exchange Of India Ltd.
• The Stock Exchange, Mumbai

Should you Invest in Indian Oil Corporation Shares?

Indian Oil Corporation’s share price still remains to be a good pick. But if you are looking out for short-term investment, IOC share might not be the right pick. IOC stock is a good pick for long-term investments. 

The Indian Oil Corporation has seen a 34% rise in the last year. After looking at the dividends, capital structure, valuations, track records, and network, the stock can give competition to many top shares in the market to remain at its spot. 

The future for the IOC shares is going to be strong, But the investment in these shares should only be made if it is a long-term investment plan.

FAQ’s about IOC Share Price