Indian Oil Corporation (IOC), India’s leading oil refining and fuel marketing giant, continues to attract investors with its strong operational base, steady revenue growth, and consistent dividend payouts. As the country pushes toward energy security and expanding refining capacity, IOC is expected to benefit from rising fuel demand, petrochemical expansion, and long-term infrastructure investments.
With improving financial performance and strategic diversification into green energy, investors are keen to know the IOC share price targets for the coming years.
IOC Share Price Target 2026
Indian Oil Corporation (IOC), one of India’s largest oil refining and marketing companies, is expected to deliver steady performance in the coming years driven by robust fuel demand, rising petrochemical capacity, and government-backed energy initiatives.
With improvements in refining margins and strategic expansion across the energy value chain, IOC is likely to maintain consistent growth.
Analysts believe the IOC share price target for 2026 may range between ₹180 and ₹190, reflecting positive market sentiment and stable fundamentals. Strong cash flows, capacity upgrades, and a focus on clean energy transition further strengthen the company’s long-term outlook.
IOC Share Price Target 2026 Table
| Year | IOC Share Price Target 2026 |
|---|---|
| First Target 2026 | Rs 180 |
| Second Target 2026 | Rs 190 |
IOC Share Price Target 2027
The IOC Share Price Target 2027 reflects strong confidence in the company’s growth as it continues to expand its refining capacity, strengthen petrochemical integration, and invest in clean energy initiatives.
With rising fuel demand and ongoing strategic projects, analysts expect IOC to deliver steady financial performance in the coming years.
Based on current market trends, the IOC share price target for 2027 is projected to be ₹200 on the lower side and ₹220 on the higher side. These targets indicate potential upward movement supported by improved margins and diversified revenue streams. Overall, IOC remains a promising option for long-term investors looking for stability and gradual growth.
IOC Share Price Target 2027 Table
| Year | IOC Share Price Target 2027 |
|---|---|
| First Target 2027 | Rs 200 |
| Second Target 2027 | Rs 220 |
IOC Share Price Target 2028
Indian Oil Corporation (IOC), one of India’s largest integrated oil and gas companies, is expected to witness steady growth by 2028 driven by rising fuel demand, expansion in petrochemicals, and strong government backing.
With improving margins and strategic investments in green energy, analysts see significant upside potential for long-term investors.
Based on current trends, the IOC share price target for 2028 is expected to be in the range of ₹250 to ₹280, supported by stable earnings and ongoing capacity expansion. The company’s focus on cleaner energy solutions and operational efficiency may further strengthen shareholder value in the coming years.
IOC Share Price Target 2028 Table
| Year | IOC Share Price Target 2028 |
|---|---|
| First Target 2028 | Rs 250 |
| Second Target 2028 | Rs 280 |
IOC Share Price Target 2029
Indian Oil Corporation (IOC), one of India’s largest integrated oil and gas companies, is expected to continue its steady growth driven by strong refining margins, expanding petrochemical capacity, and ongoing investments in green energy.
With rising fuel demand, improved operational efficiency, and government-backed strategic initiatives, analysts believe IOC could deliver solid returns by 2029.
Based on current market trends, the IOC share price target for 2029 is expected to be between ₹300 and ₹340, reflecting healthy long-term growth potential. As the company strengthens its presence in both traditional and renewable energy segments, investor confidence in its future outlook remains strong.
IOC Share Price Target 2029 Table
| Year | IOC Share Price Target 2029 |
|---|---|
| First Target 2029 | Rs 300 |
| Second Target 2029 | Rs 340 |
IOC Share Price Target 2030
The IOC Share Price Target 2030 reflects the company’s strong growth potential backed by expanding refining capacity, rising fuel demand, and continuous investment in clean energy projects.
As India’s largest oil marketing company, IOC is expected to benefit from long-term energy needs and strategic government support.
By 2030, analysts project the share price to reach ₹380 in a moderate scenario and up to ₹400 in a bullish outlook. With improving financial performance and diversification into green energy, IOC remains a promising long-term investment option for investors seeking steady returns.
IOC Share Price Target 2030 Table
| Year | IOC Share Price Target 2030 |
|---|---|
| First Target 2030 | Rs 300 |
| Second Target 2030 | Rs 340 |
IOC Share F.A.Q.
– Is IOC a good long-term investment?
IOC is considered a stable dividend-paying PSU stock, suitable for long-term investors seeking steady returns.
– Does IOC give dividends?
Yes, IOC regularly pays dividends, making it attractive for income-focused investors.
– What factors affect IOC share price?
Crude oil prices, refinery margins, government policies, and overall demand for fuel influence IOC’s share price.
– Is IOC a risky stock?
IOC is relatively stable, but risks include crude price volatility and government-controlled fuel pricing.
Conclusion:-
In conclusion, IOC remains a fundamentally strong PSU stock backed by a robust business model, nationwide operations, and reliable cash flows. The company’s ongoing expansion projects, digital initiatives, and focus on clean energy are likely to support steady growth in the coming years. While crude oil volatility and regulatory policies may influence short-term price movements, IOC’s long-term outlook remains positive. For investors aiming for stability and gradual value appreciation, IOC continues to be a dependable choice across 2026 to 2030.
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