BPCL Share Price Target Owned by the Indian government through the Ministry of Petroleum and Natural Gas, BPCL is the country’s second-biggest downstream oil producer. It was placed 309th on the list of the world’s largest PSUs in 2020. BPCL was established in 1976 and is headquartered in Mumbai, Maharashtra. It has refineries with a 40 MMT capacity in Maharashtra and Mumbai.
The share price of Bharat Petroleum Corporation Limited has increased by 28% from January 12th, 2024, and is predicted to continue rising in the years to come. However, because of the global move to renewable energy, it will be more difficult for the oil and gas industry companies to maintain their rate of company growth. The purpose of this post is to guide investors in determining whether or not to put their hard-earned money into Hindustan Aeronautics Share Price by going over the BPCL Share Price Target for the following years.
BPCL Share Price Target Latest News
- BPCL has recently launched the ‘’Pure for Use’’ LPG Initiative with a QR code to improve last-mile inefficiency in delivery and customer satisfaction.
- Bharat Petroleum Corporation Limited to tie up with the upcoming Mozambique LNG project of 1 Million tonnes.
- BPCL NSE Stock rises one year high upon its Q3 FY24 results of profit growth 82% to Rs 3181.42 crores.
- In Sep-Oct 2023, BPCL shut down its Kochi refinery with a capacity of 4.5 mln tons/year.
- BPCL to supply 0.43 MMSCMD (Million Metric Standard Cubic Meters Per Day) of RLNG (Regasified Liquid Natural Gas)
- In collaboration with the Bhabha Atomic Research Centre (BARC), BPCL has recently unveiled India’s first alkaline electrolyzer at India Energy Week 2024.
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BPCL Share Price Target 2024
|
Month (2024)
|
Maximum Target
|
MinimumTarget
|
|
January
|
Rs 500.68
|
Rs 443.80
|
|
February
|
Rs 517.34
|
Rs 450.45
|
|
March
|
Rs 522.66
|
Rs 459.31
|
|
April
|
Rs 515.71
|
Rs 441.13
|
|
May
|
Rs 503.53
|
Rs 437.00
|
|
June
|
Rs 521.58
|
Rs 454.89
|
|
July
|
Rs 510.00
|
Rs 450.56
|
|
August
|
Rs 538.91
|
Rs 462.32
|
|
September
|
Rs 565.74
|
Rs 489.80
|
|
October
|
Rs 543.71
|
Rs 497.82
|
|
November
|
Rs 567.58
|
Rs 492.17
|
|
December
|
Rs 586.44
|
Rs 507.78
|
BPCL Share Price Target 2025
|
Month (2025)
|
Maximum Target
|
MinimumTarget
|
|
January
|
Rs 584.56
|
Rs 513.25
|
|
February
|
Rs 580.02
|
Rs 518.90
|
|
March
|
Rs 598.79
|
Rs 501.32
|
|
April
|
Rs 603.34
|
Rs 512.65
|
|
May
|
Rs 601.67
|
Rs 518.79
|
|
June
|
Rs 597.23
|
Rs 526.32
|
|
July
|
Rs 583.77
|
Rs 539.56
|
|
August
|
Rs 590.36
|
Rs 523.82
|
|
September
|
Rs 611.10
|
Rs 536.65
|
|
October
|
Rs 618.99
|
Rs 540.00
|
|
November
|
Rs 626.37
|
Rs 534.32
|
|
December
|
Rs 634.77
|
Rs 557.65
|
BPCL Share Price Target 2026 to 2030
|
Year
|
Maximum Target
|
Minimum Target
|
|
2026
|
Rs 780.00
|
Rs 565.72
|
|
2027
|
Rs 877.11
|
Rs 666.90
|
|
2028
|
Rs 999.53
|
Rs 721.71
|
|
2029
|
Rs 1081.79
|
Rs 883.23
|
|
2030
|
Rs 1188.65
|
Rs 990.56
|
BPCL LTD Shareholding Pattern
- Promoters: 52.98%
- FII: 14.21%
- DII: 11.01%
- Mutual Funds: 9.90%
- Retail & Others: 11.90%
BPCL LTD Competitors (Market Cap: 133,257.20 crores INR)
- IOC (Market Cap: 257,712.60 crores INR)
- Hindustan Petroleum (Market Cap: 72,374.34 crores INR)
- MRPL (Market Cap: 33,229.27 crores INR)
- Chennai Petro (Market Cap: 13,300.02 crores INR)
- Gandhar Oil (Market Cap: 2,368.94 crores INR)
Points to consider before investing in BPCL NSE Stock
- BPCL has recently posted Year over Year profit increase by 82% to Rs 3,181.42 crores in fiscal year 2023, third quarter against the Rs 1,747.01 crores in the same period last year.
- Bharat Petroleum Corporation Limited posted a revenue dip of Rs 1,29,984.84 crores in the third quarter of the fiscal year 2024 from Rs 1,33,347.51 crores Q3FY24.
- BPCL company has a robust infrastructure and is India’s second-largest oil company, providing the company an edge over other players when it comes to handling turbulence in the market
- Recently, the Government of India has called off its plans to disinvest BPCL but it is most likely to happen sooner than later in a year or two. Privatization will open up new opportunities for the company in terms of the ability to take and implement new ideas and venture into new business prospects all over the world.
- Since BPCL is an Oil and Gas sector corporation, the risk in the future is immense due to the sudden shift of the world towards renewable energy and battery electric vehicles and its charging infrastructure. BPCL will have to compete big time to keep up with the pace of installing charging infrastructure against other players such as TATA, Adani, and Reliance and a few other emerging big startups such as Ola and Ather.
Summary
The stock of BPCL has risen by 87% since March 1, 2019, while it has only increased by 83% since February 15, 2023. This indicates that BPCL’s share price has been steadily declining on the Indian Stock Exchange for a number of years. But from January 11th, 2024, the share price of BPCL has increased by +33% and by +71% on the stock market. It is recommended that an investor first carry out a comprehensive analysis of the company’s strengths and weaknesses before proceeding with any investment-related commitment. When it comes to investing your hard-earned money in the stock market, professional counsel is strongly advised.
FAQ
What is the BPCL Share Price Target in 2025?
BPCL NSE’s Share Price Target by 2025 is between Rs 634 and Rs 513.
What is the BPCL Share Price Target in 2026?
BPCL NSE’s Share Price Target for the year 2026 is between Rs 780 and Rs 565.
What is the BPCL Share Price Target in 2030?
BPCL Share Price in 2030 is predicted to remain between Rs 1188 and Rs 990.
What is the BPCL Share Price Target in 2024?
BPCL Share Price Target for the year 2024 is between Rs 586 and Rs 443.
